ReElement Technologies Announces Strategic Collaboration with Mitsubishi Materials Corporation

Partnership and strategic investment support development of circular rare earth and critical mineral supply chains across the United States and Japan

Mar. 31, 2026 at 2:52pm

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A photorealistic studio still-life image featuring a polished, geometric metal object representing a critical mineral refining process, arranged elegantly on a clean, monochromatic background with dramatic lighting and shadows, conceptually illustrating the abstract themes of corporate strategy, finance, and supply chain resilience.A strategic investment and collaboration between American and Japanese companies aims to advance secure and resilient critical mineral supply chains.Fishers Today

American Resources Corporation, through its affiliated minority holding in ReElement Technologies Corporation, announced a strategic collaboration with Mitsubishi Materials Corporation that includes a strategic investment in ReElement. The collaboration aims to develop integrated, scalable solutions that enhance supply chain resilience while supporting domestic and allied manufacturing capabilities.

Why it matters

This partnership underscores the importance of building secure and resilient critical mineral supply chains across the United States and allied nations, addressing a significant bottleneck in the global critical mineral supply chain - the ability to economically separate and purify materials at scale.

The details

The strategic investment will support ReElement's refining operations through feedstock sourcing, tolling, and offtake opportunities, enabling the continued expansion of domestic refining capacity. In Japan, the parties will jointly evaluate opportunities to commercialize rare earth and critical mineral recycling solutions, leveraging MMC's established recycling infrastructure and ReElement's proprietary chromatographic refining platform.

  • The strategic collaboration was announced on March 31, 2026.

The players

ReElement Technologies Corporation

A U.S. innovator in rare earth element (REE) and critical mineral refining for commercial and defense industries, and a minority holding of American Resources Corporation.

Mitsubishi Materials Corporation

A global leader in advanced materials and resource circulation.

American Resources Corporation

A leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process.

Mark Jensen

Chief Executive Officer of ReElement Technologies.

Tetsuya Tanaka

Executive Officer and President of Mitsubishi Materials Corporation.

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What they’re saying

“We are honored to partner with Mitsubishi Materials Corporation, a global leader in materials innovation and resource circulation. Their commitment and long-term vision reinforce the importance of building secure and resilient critical mineral supply chains across the United States and allied nations.”

— Mark Jensen, Chief Executive Officer of ReElement Technologies

“This Investment represents an important initiative to concretely advance the enhancement and global expansion of our circular resource business, as outlined in our Medium-term Management Strategy, in both the United States and Japan. By leveraging ReElement's proprietary separation and refining technology, we will work to build a circular resource supply chain in North America, while also conducting a feasibility study toward joint business development in Japan, thereby accelerating the realization of these initiatives.”

— Tetsuya Tanaka, Executive Officer and President, Mitsubishi Materials Corporation

What’s next

The collaboration between ReElement and Mitsubishi Materials Corporation will focus on supporting ReElement's refining operations through feedstock sourcing, tolling, and offtake opportunities in the United States, as well as jointly evaluating opportunities to commercialize rare earth and critical mineral recycling solutions in Japan.

The takeaway

This strategic partnership between ReElement Technologies and Mitsubishi Materials Corporation represents a significant step forward in building secure and resilient critical mineral supply chains across the United States and allied nations, addressing a key bottleneck in the global supply chain through innovative refining solutions.