Mining

The U.S. Department of Defense has invested $25 million in ReElement Technologies, a domestic rare earth startup, to support equipment installation for critical mineral recycling and production at its Marion, Indiana facility. This equity investment aims to strengthen America’s rare earth supply chain amid geopolitical concerns.

The U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation has allocated $75 million to five projects utilizing coal and coal-based feedstocks to produce rare earth elements and other critical materials. These projects will establish pilot-scale facilities at industrial sites, aiding in the production of market-ready critical minerals, offering potential benefits to American industry and supply chains.

U.S. uranium production has dramatically increased between 2023 and 2025, rising from 50,000 pounds in 2023 to over 2 million pounds in 2025, marking a significant revival driven by market forces and federal policy support.

US monazite developer Atlantic Strategic Minerals has confirmed the feasibility of establishing a domestic rare earths processing facility within a year. The company’s project promises competitive operating costs, established processing pathways, and access to key markets, offering potential benefits for American industry and supply chains.

Metals Australia’s Canadian subsidiary, Northern Resources, has announced strong prefeasibility study results for the Lac Carheil graphite project in Québec. The study confirms the viability of a proposed flake graphite concentrate plant, positioning it to support future North American and global battery supply chains, which could have implications for American industry and supply chains.

REalloys and Ioneer have been selected by the US Army for a long-term land lease at the Tooele army depot in Utah to establish critical mineral processing facilities. This initiative aims to strengthen the domestic boron supply chain and highlights the importance of American industry in supporting national security.

The U.S. Department of Energy is providing $134 million for two projects focused on rare earth elements (REEs) that will enhance domestic supply chains. These projects aim to showcase the commercial viability of extracting and refining REEs from unconventional sources like mine tailings and electronic waste, potentially benefiting American industry and supporting energy independence.