ERI partners with ReElement Technologies on domestic rare earth oxide production

Mark Jensen, chairman and CEO of ReElement Technologies
Mark Jensen, chairman and CEO of ReElement Technologies - ReElement Technologies
0Comments

ERI, a Fresno-based electronics recycling company, has announced a new partnership with ReElement Technologies to increase the domestic production of refined rare earth oxides from recycled magnet materials.

Under the agreement, ERI will use its collection network and eight recycling centers in the United States to gather and pre-process end-of-life electronic components that contain rare earth magnets. These materials will then be sent to ReElement Technologies, which is a subsidiary of American Resources Corporation. ReElement will refine the recovered feedstock into high-purity rare earth oxides for industries such as mobility, defense, and advanced technology manufacturing.

The collaboration aims to support U.S. efforts to secure a stable supply of rare earth materials at a time when demand for these critical minerals is rising. ERI’s artificial intelligence systems are capable of identifying and extracting magnet-based metals at high purity levels, providing suitable input for ReElement’s refining process.

ReElement has already started trial shipments of rare earth oxides with 99.9% purity to commercial and defense clients from its facility in Indiana. The company is currently accepting orders.

Mark Jensen, chairman and CEO of ReElement Technologies, stated: “ERI is a trusted partner to leading U.S. technology companies and hyperscalers, and their ability to efficiently source and process recycled magnet material is unmatched. Pairing their feedstock capabilities with ReElement’s advanced refining platform positions us to accelerate true circularity for critical minerals in the United States and deliver high-purity rare earth elements for our current and expanding customer base.”

John Shegerian, ERI chairman and CEO, described the partnership as an important development that could enhance U.S. capacity in the global market for rare earth elements.



Related

Robert L. Santos Director, U.S. Census Bureau

U.S. Census Bureau releases new business survey data on May 7

The U.S. Census Bureau has published updated findings from its Business Trends and Outlook Survey as of May 7. New questions focus on how companies are using artificial intelligence across sectors and regions.

Patti Poppe, Chief Executive Officer at Pacific Gas and Electric Company (PG&E)

PG&E Corporation Foundation funds grants for independent restaurants in California

The PG&E Corporation Foundation is offering over two hundred $5,000 grants through a partnership with the California Restaurant Foundation’s Resilience Fund. Applications open June 1 for eligible independent restaurant owners across Northern and Central California.

George M. Cook, Performing the Duties of the Director

Census Bureau to embargo Vintage 2025 city and town population estimates and housing data

The U.S. Census Bureau will grant select media early access to new population and housing estimates under an embargo starting May 12. The information is restricted from publication until its public release on May 14.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Fresno Business Daily.