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Critical minerals processing and strategic materials company
usstrategicmetals.comLast updated
In short: US Strategic Metals formed a $100M Missouri recycling JV with Ionic Rare Earths and secured $100.8M in federal loans.
The companies signed a fifty-fifty joint venture term sheet valued at one hundred million dollars to process neodymium-iron-boron and samarium-cobalt magnets at a fully permitted site.
The agreement directs production from the DRC Chemaf asset to USSM's Missouri facility, strengthening defense supply chains and reducing foreign dependence.
The company signed a January 2026 MOU with the National Industrial Development Center to deploy proprietary multi-metallic processing and rare earth recycling technology.
The non-binding memorandum outlines plans to deploy patented recycling technology at USSM’s permitted site, aiming to produce rare earth oxides and support domestic supply chains.
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Plans to develop an integrated campus for the production of critical minerals and metals at USSM's 1,800-acre fully permitted site near Fredericktown.
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