U.S. Rare Earth Magnet Supply Chain Boosted by ReElement-Vulcan Deal

Royalty Management Holding Corporation (Nasdaq: RMCO) has announced its support for a groundbreaking partnership between ReElement Technologies Corporation and Vulcan Elements, marking one of the first major initiatives to establish a domestic rare earth magnet supply chain in the United States. This strategic alliance positions ReElement Technologies as the refining and processing specialist, transforming rare earth minerals into usable materials, while Vulcan Elements will leverage these refined products to manufacture rare earth magnets—critical components for electric vehicles, wind turbines, and various high-tech devices. Royalty Management, through its portfolio investments and royalty holdings, is poised to supply both mined and recycled rare earth mineral feedstock to ReElement Technologies, supporting their expansion and operational needs.

Thomas Sauve, CEO of Royalty Management, emphasized the significance of this collaboration, highlighting the company's ongoing efforts to secure attractive opportunities in the rare earth element industry, including holdings in rare earth mines and mined coal sources in eastern Kentucky. He noted that while Advanced Magnet Lab in Melbourne, Florida, has recently achieved a milestone by manufacturing the first magnet in the U.S. using proprietary technology, the ReElement-Vulcan deal underscores the broader push to enhance domestic magnet manufacturing capabilities. Royalty Management is actively engaged in discussions to provide additional feedstock for ReElement's oxide refining and separation operations, leveraging its existing sources to fuel this partnership and seeking further investments in the rare earth feedstock space.

This initiative aligns with national priorities to reduce reliance on foreign rare earth supplies, bolstering U.S. competitiveness in green technology and defense sectors. For more details, view the original release on www.newmediawire.com, where the full announcement is hosted, providing deeper insights into this transformative development in the American rare earth industry.