{"id":27901,"date":"2026-05-24T05:23:16","date_gmt":"2026-05-24T05:23:16","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/27901\/"},"modified":"2026-05-24T05:23:16","modified_gmt":"2026-05-24T05:23:16","slug":"american-resources-reelement-technologies-and-psco-international-form-us-rare-earth-joint-venture","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/27901\/","title":{"rendered":"American Resources\u2019 ReElement Technologies and PSCO International form US rare earth joint venture"},"content":{"rendered":"\n

American Resources Corp (NASDAQ:AREC)<\/a> announced that its affiliated minority\u00a0company ReElement Technologies has\u00a0formed a joint venture with South Korea\u2019s POSCO International to develop an integrated rare earth refining and permanent magnet manufacturing operation in the United States.<\/p>\n

The companies plan to invest about $200 million in the project, which is intended to establish a domestic supply chain spanning feedstock sourcing, separation, purification, and refining, and permanent magnet production. Final site selection is currently underway.<\/p>\n

Under the agreement, production is expected to begin in phases, with an initial capacity of about 3,000 metric tons per annum of separated rare earth oxides targeted for 2028, expanding to roughly 6,000 metric tons by 2030.<\/p>\n

The project is also expected to include rare earth metalization capabilities, permanent magnet manufacturing capacity, and integrated feedstock sourcing through a joint taskforce focused on domestic and international primary and recycled resources.<\/p>\n

The joint venture expands on an existing strategic partnership and long-term offtake agreement between ReElement and POSCO International.<\/p>\n

The companies said the project is intended to support supply chains tied to defense systems, electric vehicles, semiconductors, artificial intelligence and clean energy technologies.<\/p>\n

“This joint venture represents a defining moment in the evolution of the rare earth supply chain in the United States,\u201d ReElement CEO Mark Jensen said in a statement.<\/p>\n

\u201cBy combining ReElement’s refining-first platform with POSCO International’s global capabilities and industrial scale, we are creating a fully integrated, end-to-end solution that addresses one of the most critical gaps in the market.\u201d<\/p>\n

Kye-In Lee, president and CEO of POSCO International, said the agreement reflects the companies\u2019 \u201ctrust and shared vision,\u201d adding that POSCO International\u2019s global supply chain capabilities and ReElement\u2019s refining technology are complementary.<\/p>\n

\u201cBuilding a heavy rare earth separation and refining value chain in the United States will not be easy, but that is precisely why this partnership matters,\u201d Lee said.<\/p>\n

A signing ceremony for the agreement was held on May 21 in Washington, DC.<\/p>\n

Shares of American Resources gained around 3.5% on Friday morning.<\/p>\n","protected":false},"excerpt":{"rendered":"American Resources Corp (NASDAQ:AREC) announced that its affiliated minority\u00a0company ReElement Technologies has\u00a0formed a joint venture with South Korea\u2019s…\n","protected":false},"author":2,"featured_media":27902,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[380],"tags":[5806,18659,366,18660,442,465,2904,5807,9471],"class_list":["post-27901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-posco","tag-american-resources","tag-american-resources-reelement-technologies","tag-joint-venture","tag-permanent-magnet","tag-posco","tag-posco-international","tag-rare-earth","tag-reelement","tag-reelement-technologies"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/27901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=27901"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/27901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/27902"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=27901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=27901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=27901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}