Agreement establishes commercial framework for domestic production of refined rare earth oxides from recycled magnet waste
ERI, the nation’s leading material resource recovery, ITAD, mobility and data destruction/processing provider and largest recycler of electronics, today announced the signing of a commercial processing agreement with American Resources Corporation (NASDAQ:AREC) through American Resources’ minority holding in ReElement Technologies Corporation, a leading U.S. innovator in rare earth element (REE) and critical mineral refining.
Under the agreement, ERI will leverage its extensive international collection network and eight U.S.-based recycling centers to aggregate and pre-process end-of-life magnet materials. ReElement will refine this recycled feedstock into high-purity rare earth oxides, enabling the domestic production of critical inputs for mobility, defense, and advanced technology applications.
This agreement strengthens the United States’ ability to establish a circular and secure supply chain for rare earth elements at a time of growing strategic demand. By integrating ERI’s scale in responsible electronics recycling with ReElement’s advanced, modular refining platform, the partnership provides a consistent pathway to generate high-value, domestically sourced mineral output.
Through advanced, proprietary, AI-driven software and hardware solutions, ERI is able to identify and access material with magnets and rare earth elements at a distinct purity level which allows for the recovery of these critical rare earth elements.
ReElement has commenced trial shipments of 99.99%+ pure rare earth oxides to qualified commercial and defense partners – an essential step toward long-term domestic supply agreements. ReElement is currently accepting orders for these refined materials. Production is underway at the company’s Noblesville, Indiana facility, with large-scale commercial output scheduled to transition to ReElement’s 400,000-square-foot Marion, Indiana complex beginning in early 2026.
Mark Jensen, Chairman and CEO of ReElement Technologies commented, “ERI is a trusted partner to leading U.S. technology companies and hyperscalers, and their ability to efficiently source and process recycled magnet material is unmatched. Pairing their feedstock capabilities with ReElement’s advanced refining platform positions us to accelerate true circularity for critical minerals in the United States and deliver high-purity rare earth elements for our current and expanding customer base.”
“It’s an honor to partner with ReElement on this innovative and impactful rare earths initiative,” said ERI’s Chairman and CEO John Shegerian. “ReElement’s groundbreaking technology and solutions make it the leading refiner of high-performance critical battery and rare earth elements required in energy, transportation, defense and other technologies. This new relationship will open the door for a whole new wave of US-based capabilities in the rare earth realm that will have both domestic and global implications.”
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