Mitsubishi Materials to Invest in U.S. Rare Earth Company ReElement Technologies
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Author:小编   

On March 31, 2026, Japanese metal producer Mitsubishi Materials Corporation announced that it will acquire a stake in ReElement Technologies, a rare earth recycling company based in Indiana, U.S., with the aim of developing its rare earth business into one of its core operations. Mitsubishi Materials plans to collaborate with ReElement through off-take and processing agreements, holding a relatively small stake, with specific details undisclosed. The president of Mitsubishi Materials stated that rare earths are expected to become the company's third major pillar industry, following copper and tungsten.