American Resources Corp CEO Mark Jensen joined Steve Darling from Proactive to announce that its affiliated company, ReElement Technologies, has formed a joint venture with POSCO International Corporation to develop an integrated rare earth element and permanent magnet…
oduction platform in the United States. Jensen explained that the new joint venture represents an important milestone in strengthening the long-term partnership between ReElement and POSCO International
The collaboration builds upon a commercial offtake agreement announced previously and further reinforces efforts to enhance U.S.–South Korea cooperation in developing resilient supply chains for critical minerals used across national security, clean energy, and advanced technology industries. The companies intend to establish a fully integrated, closed-loop rare earth ecosystem designed to support the full value chain. This includes feedstock sourcing, separation, purification, refining, and permanent magnet manufacturing operations within the United States.
The initiative is aimed at reducing dependence on foreign supply chains while helping create domestic capacity for strategically important materials. The partnership combines ReElement’s proprietary chromatography-based separation and purification technologies with POSCO International’s extensive industrial infrastructure, manufacturing capabilities, and global commercial relationships. ReElement’s refining platform is designed to produce high-purity rare earth oxides used across a broad range of sectors including electric vehicles, advanced manufacturing, defense technologies, and industrial applications.