POSCO International, ReElement form USD 200 million US rare earth processing joint venture

  • POSCO Holdings unit POSCO International agreed to form a U.S. joint venture with ReElement to build rare earth separation, purification, and magnet production capacity.
  • Planned joint investment totals USD 200 million, including a rare earth plant targeting 6,000 tons of annual capacity.
  • Project targets pilot output in Q4 2027, followed by mass production in 2028.
  • POSCO International will run the venture as majority shareholder; ReElement will supply separation and purification technology.
  • Strategy aims to link Southeast Asian feedstock to U.S. permanent magnet production, supporting a non-China supply chain for critical minerals.


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