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Marion Refining CampusReElement Technologies—ReElement commissions its first commercial-scale germanium column in Marion, IndianaReElement Technologies—ReElement and POSCO International form $200M joint venture for US rare-earth refining and magnet makingMarion Refining CampusReElement Technologies—ReElement drops its conditional $80M Pentagon loanMarion Refining CampusReElement Technologies—US Department of War invests $25M in ReElement to speed up output at MarionMarion Refining CampusReElement Technologies—Vulcan Elements and ReElement sign $1.4B partnership with the US government for a domestic magnet supply chainMarion Refining CampusReElement Technologies—Transition Equity Partners commits a $200M equity facility to scale ReElement's Marion refinery

ReElement Technologies

Rare-earth and germanium refining by chromatography

USprivateChecked 11 Oct

The brief

Analyst view
  • Marion, Indiana Phase 1: four lines, 16,000+ t a year of separated oxides, rolling out from Q3 2026 into Q1 2027.
  • First commercial germanium column started in August 2026; rare-earth lines for magnet metals follow.
  • Funded by a $200M TEP equity facility and a $25M Department of War investment; dropped a conditional $80M Pentagon loan in July 2026.

Technical approach

As reported
Separation

Chromatography instead of solvent tanks

Dissolved metals flow through resin-packed columns; a binding chemical pulls each element into its own band, so pure fractions come out one after another.

Feedstock

Refining first, any source

Takes old magnets, hard drives, e-waste, industrial scrap and mined rare-earth concentrates, rather than tying itself to one mine.

Modules

Add columns to add capacity

Capacity grows by adding columns and lines, so one site can run several products and feedstocks side by side.

Licensing

Powered by ReElement

The process is also offered to partners, such as the planned POSCO joint venture, to build refineries elsewhere.

Primer