American Resources, POSCO form Joint Venture for US Rare Earth supply chain

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 production 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. Management believes the combination of technical expertise and international industrial scale provides a strong foundation for accelerating deployment and commercialization. The companies also noted that POSCO International brings deep relationships throughout automotive and industrial markets, complementing ReElement’s focus on advanced material science and refining innovation. The joint venture is expected to support an estimated $200 million investment to establish a U.S.-based rare earth refining and permanent magnet manufacturing complex. Final site selection for the facility is currently underway. Development is expected to occur in phases, with initial plans targeting approximately 3,000 metric tonnes per annum of separated rare earth oxides during the first phase, followed by expansion plans that could increase production capacity to approximately 6,000 metric tonnes annually in later stages. Management believes the project represents a meaningful step toward strengthening North American critical mineral independence while supporting long-term demand growth for rare earth materials used in electrification and next-generation technologies. #proactiveinvestors #americanresourcescorporation #nasdaq #arec #ReElementTechnologies #ReElement #RareEarths #CriticalMinerals #POSCO #SupplyChain #CleanEnergy #AdvancedManufacturing #MiningStocks