Pentagon reconsiders $80M loan to ReElement Technologies, igniting White House tensions
The Pentagon is reconsidering an $80 million loan to ReElement Technologies, which specializes in rare earth refining. This decision has created tensions between the Defense Department and the White House, as the loan is seen as vital for reducing reliance on Chinese minerals. Concerns have been raised about the scalability of ReElement's technology and its revenue forecasts.
- ▪The loan was intended to help build domestic rare earth refining capacity.
- ▪ReElement Technologies purifies rare earth oxides from recycled materials.
- ▪The Pentagon is questioning whether the company's technology can meet defense-grade demand.
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Pentagon reconsiders $80M loan to ReElement Technologies, igniting White House tensions An undisbursed Defense Department loan for rare earth refining has become a flashpoint in the US government's scramble to break China's grip on critical minerals. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if…
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