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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
Marion Refining Campus
Photo: Peggy Greb, US department of agriculture · Public domain (opens commons.wikimedia.org)

Marion Refining Campus

by ReElement TechnologiesUS

Build US refining for the metals China dominates, especially the heavy rare earths that permanent magnets need, from recycled and mined feedstocks.

PilotStage 3 of 5

First commercial germanium column running since Aug 2026; remaining Phase 1 lines due through Q1 2027.

Updated 7 Aug 2026Checked 11 Oct0 updates this week

Milestones

Next · Full Phase 1 commissioning
  1. Vulcan Elements offtake deal in a $1.4B US magnet package4 Nov 2025Complete.
  2. $200M equity facility from TEP to scale Marion6 Jan 2026Complete.
  3. Phase 1 widened to four lines, 16,000+ t a year26 Mar 2026Complete.
  4. First commercial-scale germanium column commissioned7 Aug 2026Complete.
  5. Full Phase 1 commissioningTarget Q1 2027Current milestone.
  6. POSCO joint venture Phase 1: ~3,000 t a year of oxidesTarget 2028Not yet reached.

Most important updates

Upcoming

  1. Q1 2027Full Phase 1 commissioning (next)
  2. 2028POSCO joint venture Phase 1: ~3,000 t a year of oxides
Primer