NEWS
Department of Defense Awards $4.22 Million to Increase Production of Terbium and Other Rare Earth Elements
The Department of Defense announced today a $4.22 million award to Rare Earth Salts in Beatrice, Nebraska for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Terbium is an essential element for rare earth magnets in many key defense systems. This effort is funded through the Defense Production Act Investment (DPAI) office and aligns with the National Defense Industrial Strategy's priority of increasing supply chain resilience by expanding domestic production and sustainment of critical production.
Read the full release here: September 09, 2024
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Nebraska company seeks to break China's stranglehold on rare-earth minerals. In September, the Defense Department awarded a $4.22 million contract to Rare Earth Salts, a Beatrice chemical company with about a dozen employees, to develop and expand its production of terbium.
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Rare Earth Salts on U.S. Department of Energy Project with Pennsylvania State University and Alliance for Critical Mineral Extraction and Production from Coal-Based Resources for Vitality Enhancement in Domestic Supply Chains - or ACME-REVIVE
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Rare Earth Salts Announces Commercial Scale Production of Heavy & Light Rare Earth Elements Using Breakthrough Technology
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Rare Earth Salts and University of North Dakota (UND) consortium chosen for a U.S. Department of Energy award toward building "America’s First-of-a-Kind Critical Minerals Production Facility
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U.S. Department of Defense Announces Rare Earth Element Awards to Strengthen Domestic Industrial Base
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Rare Earth Salts Awarded $3 Million Contract for the Commercial Expansion of its Proprietary Rare Earth Separation Technology
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Battelle, Rare Earth Salts Team on Department of Energy Project