Department of War Announces $25 Million Investment With ReElement Technologies to Expand U.S. Critical Minerals Refining Capacity
The Department of War's Economic Defense Unit (EDU) in partnership with the Office of the Under Secretary of War for Acquisition and Sustainment (OUSW(A&S)) announced a $25 million investment with ReElement Technologies Corp. to expand domestic refining capacity for rare earth elements and other defense-critical minerals at the company's Marion, Indiana facility. This investment will strengthen the U.S. industrial base.