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Royalty Management Invests in ReElement Technologies to Advance Rare Earth Element Refining

By Burstable Editorial Team

TL;DR

Royalty Management's funding gives ReElement Technologies a competitive edge by developing low-cost, high-purity rare earth refining methods, reducing dependence on Chinese sources.

Royalty Management funds ReElement Technologies to develop patented refining methods that produce high-purity rare earth elements at lower costs through innovative separation processes.

This partnership promotes domestic rare earth production, creating a more secure, environmentally friendly supply chain for critical defense and energy applications.

ReElement Technologies is filing five new patents for refining rare earth elements, funded by Royalty Management in exchange for a 0.5% sales royalty.

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Royalty Management Invests in ReElement Technologies to Advance Rare Earth Element Refining

Royalty Management Holding Corporation has entered into a significant agreement with ReElement Technologies Corporation to fund the development of new intellectual property and patents for refining rare earth elements, critical minerals, and other specialty elements. This partnership aims to advance technologies that could alter how these materials are produced, particularly for defense and commercial applications where demand is high due to restrictions on access from China.

Under the agreement, Royalty Management provides capital for ReElement to develop novel refining methods that enable the production of high-purity elements at a fraction of traditional costs. This funding has already led to the initial filing of five additional patent applications for technologies related to elemental refining. The intellectual property remains owned by ReElement, but Royalty Management will receive an ongoing royalty of 0.5% of all gross sales from elements refined using these new patents, including sales by ReElement and other technology licensees.

Thomas Sauve, Chief Executive Officer of Royalty Management, commented on the partnership, emphasizing the potential of these technologies to change the dynamics of refined element production. The agreement builds on a previous September 2024 deal where Royalty Management funded research into purifying Platinum Metals Group elements, such as Platinum and Palladium, from various feedstocks. This earlier initiative aims to lower costs and environmental impacts for miners and recyclers, with ReElement also receiving royalties from products sold using the developed technology.

The implications of this announcement extend beyond ReElement's operations. Royalty Management plans to collaborate with ReElement to deploy the new refining technology at mine sites globally, offering a lower-cost and more environmentally friendly purification method. This approach aligns with Royalty Management's business model of funding intellectual property development in exchange for royalties, as seen in their agreement with Advanced Magnet Lab (https://mitusmagnets.com/), where they fund research for more efficient permanent magnets used in defense applications.

For industries reliant on rare earth elements and critical minerals, such as defense, energy, and technology, this development could reduce dependency on limited sources and enhance supply chain security. The cost-effective and high-purity refining methods may drive innovation and sustainability in resource extraction, benefiting global markets and potentially lowering environmental footprints. As these technologies are implemented, they could foster a more resilient and circular economy for critical materials, addressing growing demands amid geopolitical tensions.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

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