Royalty Management Supports New U.S. Rare Earth Magnet Supply Chain Partnership

Royalty Management Holding Corporation announced its support for the recently announced agreement between ReElement Technologies Corporation and Vulcan Elements to establish one of the first cost-focused rare earth magnet supply chains in the United States. The partnership aims to address the critical need for domestic production of rare earth magnets, which are essential components in various technologies including electric vehicles, wind turbines, and defense systems.

Through its portfolio investments and royalty holdings, Royalty Management is well positioned to source and sell both mined and recycled rare earth mineral feedstock to ReElement Technologies as the company expands its refining and separation processes. This collaboration builds on Royalty Management's existing agreement with ReElement to provide raw materials for their refining operations. The company's holdings include rare earth mines through NeoRe, SpA and mined coal sources in eastern Kentucky, which serve as valuable feedstock sources for the growing domestic rare earth industry.

Thomas Sauve, Chief Executive Officer of Royalty Management, emphasized the significance of this development, stating that while Advanced Magnet Lab in Melbourne, Florida recently manufactured the first magnet in the United States using proprietary technology, the ReElement-Vulcan partnership further demonstrates the importance of expanding magnet manufacturing capabilities within the country. Royalty Management is actively engaged in discussions with ReElement Technologies to support their multi-faceted expansion by serving as a supplier of additional source feedstock for their oxide refining and separation operations.

The establishment of a domestic rare earth magnet supply chain has significant implications for national security and technological independence. Currently, the United States relies heavily on imports for rare earth materials and magnets, particularly from China. This dependency creates supply chain vulnerabilities that could impact various industries including automotive, renewable energy, and defense manufacturing. The partnership between ReElement Technologies and Vulcan Elements, supported by Royalty Management's feedstock capabilities, represents a crucial step toward reducing this dependency and strengthening domestic manufacturing capabilities.

Royalty Management continues to seek additional investments and expansion opportunities in the rare earth feedstock space, recognizing the growing importance of securing reliable domestic sources for these critical materials. The company's ability to provide both mined and recycled feedstock positions it as a key player in supporting the development of a comprehensive rare earth supply chain within the United States. For more information about the company's activities, visit https://www.royaltymgmtcorp.com.