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FISHERS, Ind. (Aug. 22, 2025) - In a major step forward, this week ReElement Technologies announced a new agreement to supply Vulcan Elements with rare earth oxides over the long-term to enable domestic magnet production.
This strategic partnership brings together ReElement’s advanced refining capabilities and magnet recycling with Vulcan Elements’ rare earth magnet manufacturing capability, establishing a cost-effective and scalable rare earth supply chain entirely within the United States.
Under the agreement, ReElement will supply magnet-grade high-purity heavy and light rare earth oxides – specifically neodymium (Nd), neodymium – praseodymium (NdPr), and dysprosium (Dy) - to support Vulcan’s domestic rare earth magnet manufacturing operations.
The collaboration is designed to grow alongside market demand, with both parties working to expand the agreement to scale production.
We are confident that our refining platform is the key innovation needed to unlock a sustainable midstream segment of the domestic critical mineral supply chain.
This partnership further validates our modular approach to scaling. As our partners’ demand grows, we are prepared to meet it through distributed, flexible production across our own and partner facilities.
Vulcan is a proven innovator and best-in-class manufacturer, with a deep understanding of the defense and commercial magnet markets, and we believe their platform is highly scalable and economically competitive.
In joining us, John Maslin, Vulcan Elements CEO, said that “This partnership is a crucial step toward restoring American manufacturing and strengthening our technological and industrial base for decades to come. With this agreement, Vulcan is poised to deliver for America’s innovators and warfighters, and ensure that the United States can continue to lead the world in the economic sectors that will define the 21st century."
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