Build a lasting personal brand

Royalty Management Backs Partnership to Establish US Rare Earth Magnet Supply Chain

By Burstable Editorial Team

TL;DR

Royalty Management gains a strategic advantage by supplying rare earth feedstock to ReElement and Vulcan Elements, strengthening the US magnet supply chain.

Royalty Management sources mined and recycled rare earth minerals for ReElement to refine, which Vulcan Elements uses to manufacture magnets domestically.

This partnership builds a domestic rare earth magnet supply chain, reducing foreign dependency and supporting sustainable resource development in the US.

Royalty Management supports the first US rare earth magnet manufacturing efforts through strategic feedstock sourcing from mines and recycled materials.

Found this article helpful?

Share it with your network and spread the knowledge!

Royalty Management Backs Partnership to Establish US Rare Earth Magnet Supply Chain

Royalty Management Holding Corporation has expressed support for the recently announced partnership between ReElement Technologies Corporation and Vulcan Elements, which aims to establish one of the first cost-focused rare earth magnet supply chains in the United States. The company, through its portfolio investments and royalty holdings, is positioned to supply both mined and recycled rare earth mineral feedstock to ReElement Technologies as it expands its refining and separation processes.

Thomas Sauve, Chief Executive Officer of Royalty Management, emphasized the significance of this collaboration between ReElement Technologies, which specializes in refining and processing, and Vulcan Elements, which will utilize the refined products for rare earth magnet manufacturing. Over recent years, Royalty Management has actively pursued opportunities in the rare earth element industry, securing various feedstock sources including rare earth mines, NeoRe, SpA, and mined coal sources in eastern Kentucky.

This effort builds on an existing agreement with ReElement to provide raw materials for refining operations. Sauve noted that while Advanced Magnet Lab in Melbourne, Florida, recently manufactured the first magnet in the United States using proprietary technology—a development Royalty Management also supports—the ReElement and Vulcan partnership underscores the critical need to expand domestic magnet manufacturing capabilities.

Royalty Management is engaged in active discussions with ReElement Technologies to supply additional feedstock for their oxide refining and separation operations, leveraging existing sources to facilitate this partnership. Through its diverse portfolio of companies and royalties, Royalty Management can assist ReElement Technologies by providing source feedstock that will be refined for use by Vulcan Elements.

The company is also seeking further investments and expansion within the rare earth feedstock sector to bolster the domestic supply chain. This initiative represents a significant step toward reducing dependence on foreign sources for critical materials essential for defense, technology, and renewable energy applications. For more information, visit https://www.royaltymgmtcorp.com.

Curated from NewMediaWire

blockchain registration record for this content
Burstable Editorial Team

Burstable Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.