Latest news with #Terbium
India.com
16-05-2025
- Business
- India.com
China's BIG move in trade deal with US, Beijing imposes ban on export of...
(File) China-US trade war: In a major move in the China-US trade war, Beijing has reportedly refused to lift the ban on the export of seven rare earth metals to the US, even though the two nations had reached some sort of agreement on a trade deal during recent talks held in Switzerland. According to a report CNBC Aawaz, China has temporarily lifted export controls on 28 US firms, while 17 other companies have been removed from Beijing's 'Unreliable Entity List'. The agreement is valid for 90 days. China's export ban on rare earth metals intact However, China has refused to lift the export ban on seven rare earth metals– Samarium, Gadolinium, Terbium, Dysprosium, Lutetium Scandium, and Yttrium– posing a major threat to the supply chain of American firms in the defense and energy and automobile sectors. These rare earth metals are crucial raw materials used in the manufacture of American weapons, batteries, jet engines, missile guidance systems, renewable energy and electric vehicles. According to an official statement issued by the Chinese Commerce Ministry, all departments have unanimously agreed that greater control over the export of strategic minerals is required in the interest of national security. However, the ministry has not provided any new information on the ban on exports of rare-earth minerals. Notably, more than 80% of rare earth metals used in the US come from China, which imposed export restrictions on the rival nation last month in response to US President triggering a tariff war by imposing exorbitant tariffs on Chinese imports. China-US trade war Last month, US President Donald Trump announced reciprocal tariffs on goods coming into America from other nations, including India and China, essentially triggering a tariff war that changed the face of global trade. Trump's tariffs, which came into effect from April 2, 2025, sparked a China-US tariff war, as both sides imposed heavy tariffs on imports coming from each other's countries. Recently, US and China held high-level trade talks in Switzerland, where an agreement was reached to ease import tariffs. However, latest reports suggest China has chosen to hold on to the export ban on rare earth metals, which could pose a major challenge for supply chains in the US.
Associated Press
15-05-2025
- Business
- Associated Press
Royalty Management Holding Corporation Announces First Quarter 2025 Financial Results and Reports 470% Year Over Year First Quarter Revenue Growth
Company Reports Total Revenues of Approximately $923,000 for First Quarter 2025, an Increase in Year-over-year by 470% From First Quarter 2024 Total Assets Increased to Approximately $15,723,000 and Total Shareholders' Equity Increased to Approximately $13,981,000 FISHERS, INDIANA - May 15, 2025 ( NEWMEDIAWIRE ) - Royalty Management Holding Corporation (Nasdaq: RMCO) ('Royalty Management' 'RMCO', or the 'Company'), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to announce record first quarter results ended March 31, 2025. Thomas Sauve, Chief Executive Officer of the Company, stated, 'First quarter of 2025 exhibits the Company's progress towards revenue expansion and continued execution of accretive agreements and investments. With first quarter revenue just shy of $1,000,000, we have been able to expand our revenues by about 470% from the same quarter last year, and we see additional upside potential from there. As consistent with our previously stated goals, given our strong balance sheet and low corporate overhead, we are focused on continually evaluating new opportunities as well as maximizing value to our shareholders through growth investments as well as stock buy backs and dividends in the future.' Tom continued, 'We are continuing our stock repurchase program as we feel our share price is undervalued compared to our Company's fundamental value, and we are paying our first cash dividend to shareholders at the end of the second quarter, a payment that the Board of Directors has authorized to continue for the next four quarters. Through these actions, along with continued progress on our current portfolio holdings and new investments, we are laser focused on creating shareholder value.' First Quarter 2025 Key Highlights (Unaudited): Select Financial Results for First Quarter 2025 (Unaudited): Select Portfolio Holdings Royalty Management has put together an exciting portfolio of royalty assets which support growing or transitioning industries and to generate near-future royalty and income streams. Some of RMCO's select portfolio holdings include: NeoRe, SpA. – An option to acquire an equity ownership position in the operations of NeoRe's La Marigen ionic clay project, containing the heavy and light rare earth elements Terbium, Dysprosium, Praseodymium, and Neodymium, among others. ReElement Technologies Corporation – Sponsored research and royalty agreement to develop low cost novel methods of purification of platinum group metals, silver, and gold from recycled and ore feedstocks. RMCO is sponsoring the research in return for a royalty from the use of the developed technologies. FUB Mineral LLC, an entity that owns over 2,200 acres of metallurgical (steelmaking) coal property in eastern Kentucky covering two coal seams and located within a mining complex that has processing capabilities and rail loadout. Greenhouse Technology – The Company has invested into intellectual property that is a key constituent to the next level of indoor agriculture and technology. RMCO receives a royalty based on the sales of this technology and products. RMC Environmental Service LLC – A wholly-owned, environmental service business line of RMCO that supports residential, municipal and commercial development in and around Hamilton County, Indiana. The company typically provides enough revenue and earnings to cover the majority, if not all, of the parent (Royalty Management Holding Corporation) company's expenses. Ferrox Holdings Ltd. - A majority owner of the Tivani Project; ilmenite, iron, vanadium and phosphate project which is in an advance development stage. It is located in the long-term mining region of the Limpopo Province in South Africa. Ferrox is the holding company for several South African subsidiaries and is focus is on developing mineral resources in Sub Saharan Africa. TR Mining – A high quality, Jamaica-based diversified mineral project with a focus on iron ore, titanium and vanadium with an initial estimated deposit of 212,925,000 tons of raw feedstock with an estimated 106,462,500 tons of ore body, based on an average of 50% magnetic material. The project is part of a Special Exclusive Prospecting License (or 'SEPL') that covers an area of approximately 25 permitted square kilometers. TR Mining is 51% owned by American Infrastructure Corporation and 49% owned by TR Mining & Equipment Limited, where RMC owns a royalty interest from the sale of produced product from the operation. Advanced Magnet Lab, Inc. (AML) - AML is a recognized leader in the development of innovative magnet technologies and magnet-based applications. Today, AML is executing on multiple product development programs including magnet materials and PM-Wire(TM) based motors and generators for industrial, aerospace and defense. This includes projects funded by large industry, U.S. Department of Energy and U.S. Department of Defense. RMCO has an ownership interest in AML through its participation in their Series A round of capital raising. Center for Advancing Sustainable and Distributed Fertilizer Production (CASFER) - CASFER vision is to enable resilient and sustainable food production by developing next generation, modular, distributed, and efficient technology for capturing, recycling, and producing decarbonized nitrogen-based fertilizers (NBFs). CASFER brings together a diverse leadership and the convergence of a multidisciplinary team drawn from Texas Tech University, Florida A&M University, Georgia Institute of Technology, Case Western Reserve University, and Massachusetts Institute of Technology. RMCO is a gold member of CASFER providing commercial technology rights into one of the fastest growing markets of fertilizer recycling. Heart Water, Inc. - Heart Water offers artisan alkaline rainwater with the aim of saving the depleting water resources. Heart Water is a cloud-harvested, nature-purified, and micro-filtered process, this is the purest alkaline water on the planet. The company has a unique process that utilizes ultraviolet light technology, multi-stage purification, and ozone oxidation, ensuring the naturally purest water available. RMCO owns an equity stake in Heart Water and will collect a royalty interest from each bottle of water that is sold from the facilities constructed by RMC's investment. ROYALTY MANAGEMENT HOLDING CORPORATION STATEMENTS OF OPERATIONS (Unaudited) The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements. ROYALTY MANAGEMENT HOLDING CORPORATION BALANCE SHEET (Unaudited) The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements. ROYALTY MANAGEMENT HOLDING CORPORATION STATEMENTS OF CASH FLOWS (Unaudited) The footnotes and additional information present in the Form 10Q filed with the Securities and Exchange Commission for this period are integral to the unaudited condensed consolidated financial statements. About Royalty Management Holding Corporation Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future. For more information visit Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements,' including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the 'Risk Factors' section of the Company's registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC's website, The information contained in this release is as of the date first set forth above. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Royalty Management Holding Corporation Contact: Thomas Sauve Chief Executive Officer (646) 245-2465 SOURCE: Royalty Management Holding Corporation View the original release on
Yahoo
08-04-2025
- Business
- Yahoo
China's rare earth export restrictions threaten global chipmaking supply chains
When you buy through links on our articles, Future and its syndication partners may earn a commission. China has introduced new export restrictions on materials containing key materials for RF and storage applications — scandium and dysprosium — which may hurt key players in these industries, including Broadcom, GF, Qualcomm, TSMC, Samsung, Seagate, and Western Digital. China's new restrictions follow two prior rounds of rare earth export rules that are slowly tightening the supply of these critical minerals, especially those used in several chipmaking applications. Scandium is widely used for RF front-end modules found in smartphones, Wi-Fi modules, and base stations, whereas dysprosium is used for HDD heads and electric vehicles. This is not the first time China's Ministry of Economy has restricted exports of rare-earth materials. The restriction on rare earth materials export has been made in response to the 54% tariffs imposed on goods produced in China by the Trump administration, complemented by a 34% import duty on all products made in the U.S. Effective immediately, exporters of products containing Scandium, Dysprosium, Gadolinium, Terbium, Lutetium, Samarium, and Yttrium must apply for an export license from the China Ministry of Economy. The application requires customers to detail the final use of the material. The new rules cover various products containing the previously listed rare earth metals, including raw ore, metal, compounds, and finished goods. While not an outright ban, this is the third round of China's export restrictions that raises supply concerns among manufacturers worldwide and deepens tensions between the U.S. and China. These export restrictions reflect a calculated escalation strategy that targets the entire supply chain of high-tech manufacturing, from foundational wafer-level materials to fabrication-critical metals, in addition to rare earth materials used in other use-cases. But is the third round of export restrictions from China more impactful on the industry than the first two? As the image above illustrates, two of the key materials restricted in this round are Scandium and Dysprosium, both of which hold significant importance for the telecom and storage industries, which are difficult to overstate. Scandium is primarily used in RF applications through its role in Scandium Aluminum Nitride (ScAlN). This material is used for high-performance wave filters like BAW (Bulk Acoustic Wave) and SAW (Surface Acoustic Wave). By introducing (doping) Scandium to Aluminum Nitride at levels of around 10% to 40%, ScAlN achieves higher piezoelectric response and electromechanical coupling (compared to AlN alone), which is critical for improving signal strength, bandwidth, and power efficiency in high-frequency telecom applications. These filters are essential components in the front-end modules of 5G smartphones and base stations and Wi-Fi 6 and Wi-Fi 7 modules. While scandium is ubiquitous, one 200-mm or 300-mm wafer with chips featuring ScAlN only needs a few grams of Scandium. Dysprosium is an even more widely used material as it is used for storage, electric vehicles, and even radiation-hardened applications. In HDDs, dysprosium is added to permanent neodymium-iron-boron (NdFeB) magnets used in voice coil motors, which control the read/write head as it improves the magnet's coercivity under high temperatures. NdFeB magnets are also used for motors in electric vehicles, so dysprosium is used for the same purpose. In MRAM (Magnetoresistive Random Access Memory), Dysprosium is used in the free or pinned magnetic layers of GMR (Giant Magnetoresistance) or TMR (Tunneling Magnetoresistance) stacks to maintain stability of magnetic orientation. In addition, radiation-shielding components, such as those used in nuclear reactors, spacecraft, and satellites, also use Dysprosium. Other materials in the list, namely Gadolinium, Terbium, Yttrium, Lutetium, and Aamarium, are also widely used and cannot be substituted without tradeoffs and at enhanced costs (including those associated with changes of production flows), characteristics, and risks. But there is good news, too. While rare earth metals are called 'rare' and China supplies the lion's share of the world's rare earth materials, these elements are actually not rare. In fact, these metals are pretty widespread well beyond China. They are hard to get; as in many cases, rare earth metals are obtained by mining other materials and subsequent separation of rare earths. The key reason why China is the dominant supplier of these materials and products on their base is because Chinese companies have managed to build an efficient ecosystem to mine, extract, and refine rare earth elements. Some say China subsidizes its rare earth industry to control the supply of critical materials by making it unprofitable to produce them in other parts of the world. However, once China began to 'weaponize' its rare earth prowess, companies in other countries rejoiced, as their potential to supply rare earth materials in volume just became a real business opportunity. Few companies would try to save on strategically important items, such as rare earth materials, so companies would likely be willing to switch suppliers following the restrictions. As noted above, this isn't the first round of China's restrictions of rare earth supplies. Moreover, this is not the most 'impressive' one, either. China's rare earth export curbs escalate from foundational materials (Antimony, Gallium, and Germanium) to fabrication-critical metals, then to rare earths used in RF, storage, and precision components. In the initial round, China restricted Antimony, Gallium, and Germanium. Germanium is crucial for producing wafers featuring strained silicon and the most high-performance chips made by Intel, TSMC, and Samsung. These companies have used strained silicon for a couple of decades. Meanwhile, a 300-mm wafer uses around a gram of Germanium. Antimony is used as a dopant to make n-type regions in transistors, so again, requirements per wafer are limited. As for Gallium, it is a key element to power semiconductors, RF electronics, infrared sensing, and compound semiconductors (such as ScAlN/AlGaN/GaN). However, when it comes to usage in applications like radars and telecommunications, Gallium and Germanium are inseparable. Without any doubt, these materials support industries ranging from telecommunications to defense and data centers. That makes the restrictions highly disruptive at the early stage of the semiconductor value and manufacturing chain. The second round expanded pressure to include Tungsten, Indium, Molybdenum, Bismuth, and Tellurium, materials tied directly to semiconductor fabrication. Tungsten and Molybdenum are used in transistor contacts, gates, and interconnects in advanced nodes where extreme thermal and electrical reliability are necessary. Indium is crucial for 5G mmWave front-end modules, satellite communications, and photonic chips. Restricting these materials strikes at the core of modern semiconductor production, though we have yet to see any actual disruption of chip supply due to China's export curbs. With its export restrictions, China leverages its dominance not only in resource extraction, but also in processing and material science. Thus, creating widespread uncertainty across the global semiconductor ecosystem, which now spans from smartphones, to PCs, self-driving vehicles, and sophisticated defense systems. On one hand, this means that China's approach to export curbs indicates a deliberate, phased control strategy, targeting the entire vertical stack of semiconductor and high-tech production, including niche but irreplaceable elements. On the other hand, it means that the impact of China's curbs could decrease over time as the industry adapts its supply chains to the new reality. Will there be further rounds? Without a doubt. We can only wonder what materials they will target, but keep in mind that China does not want to ruin the whole semiconductor or high-tech supply chain and instead wants to thrive on it. Stay tuned, as it's unlikely that this will be the last time we'll hear from the country about rare earth export restrictions.
Yahoo
17-03-2025
- Business
- Yahoo
Royalty Management Holding Corporation Partners on Chilean Heavy Rare Earth Mine
Company acquires equity option in NeoRe SpA, the entity that holds the mineral rights to the La Marigen ionic REE clay project, containing rare earth elements Terbium, Dysprosium, Praseodymium, and Neodymium, among others Option allows Royalty Management to participate in the growth of NeoRe through equity participation FISHERS, INDIANA - March 17, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) ("Royalty Management" or the "Company"), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to announce that it has partnered with NeoRe, SpA on the development and commercialization of their Chilean rare earth mine. The partnership is initially in the form of an option for Royalty Management to acquire an equity ownership position in the operations of the mine at a set valuation, giving the Company meaningful upside exposure to valuable resources at NeoRe's La Marigen project, which is located along the coastal belt of Chile and adjacent to other valuable regional rare earth deposits, such as Aclara Resources' Penco rare earth project. NeoRe's La Marigen Project consists of five license areas within ionic adsorption clay deposits that contain meaningful amounts of valuable rare earth elements. It also comprises 74 exploration applications and four granted exploration concessions covering over 56,300 acres of mining rights, located 50 miles north of Chile's second largest city, Concepcin, a major industrial city with multiple ship loading terminals. The management and operational team at NeoRe has over a decade of experience with the successful evaluation, definition and development of ionic adsorption clay deposits with strong in-country technical relationships and have been conducting surface exploration and test work across the La Marigen region for the past three years. While currently under permitting and development, NeoRe is looking to accelerate the commercialization of La Marigen Project through a combination of private sector investment, such as that from Royalty Management, and governmental support. NeoRe has also recently signed a letter of intent with ReElement Technologies Corporation to incorporate localized processing and refining into La Marigen project, thereby providing unique commercialization opportunities and enhanced viability for the project as compared to other regional deposits of similar nature. Thomas Sauve, Chief Executive Officer of the Company, stated, "After careful due diligence and verification of the deposit's resources and its composition, we are very excited about partnering with the team at NeoRe to help develop and commercialize their La Marigen project. Initial analysis has shown meaningful amounts of valuable rare earth elements present at this project, including significant presence of heavy rare earth minerals, such as Terbium and Dysprosium, which are in high demand and not seen in commercially meaningful quantities in a lot of rare earth deposits. Along with our investments in other resources and mines, such as our Ferrox investment in the Limpopo Province of South Africa and our TR Mining & Equipment investment in Jamaica, we are continuing to position the Royalty Management to be a diversified leader in access to rare earth, critical mineral, and specialty metal resources that go into a variety of critical application, from both a commercial and defense perspective. As 2025 continues, we look forward to updating our shareholders as we continue our investment into this key sector for Royalty Management." The demand for heavy rare earth elements (or "HREE" as it is sometimes referred to) like Dysprosium and Terbium are soaring, driven by the growth of the electrified economy such as artificial intelligent (AI) data centers, electrified mobility, and defense applications, with expectations of a significant increase in demand over the next few decades A more detailed look at the demand for heavy rare earths and why the demand is rising include: Renewable Energy: The global shift towards renewable energy sources, especially wind power and electric vehicles (EVs), is a major driver of the increasing demand for rare earth elements. Permanent Magnets: Heavy rare earths are crucial components in the production of permanent magnets, which are essential for electric motors in data center cooling devices, power tools, EVs, wind turbines and defense applications. Other Applications: Rare earths are also used in consumer electronics, medical equipment, and many defense applications. Geopolitical Factors: China's dominance in rare earth production and processing, along with geopolitical tensions, have highlighted the need for diversified supply chains and increased domestic production in countries like the United States. Significant Growth Trend: The International Energy Agency (IEA) projects that demand for rare earth elements could increase three to seven times by 2040, and the United States demand for rare earth magnets is expected to more than quadruple by 2050. According to another study by Future Market Insights, the global rare earth metals market is projected to grow from $6.2 billion in 2024 to $16.1 billion by 2034, underpinning the importance of these elements. China currently dominates the production and processing of rare earth elements, creating a vulnerability in the global supply chain and prompting efforts to diversify sources and increase domestic production, such as the processing and refining capabilities of United States-based ReElement Technologies Corporation ( About Royalty Management Holding Corporation Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future. For more information visit Forward-Looking Statements This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the "Risk Factors" section of the Company's registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC's website, The information contained in this release is as of the date first set forth above. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Company Contact:Thomas SauveChief Executive 245-2465 SOURCE: Royalty Management Holding Corporation View the original release on Sign in to access your portfolio
Associated Press
17-03-2025
- Business
- Associated Press
Royalty Management Holding Corporation Partners on Chilean Heavy Rare Earth Mine
Company acquires equity option in NeoRe SpA, the entity that holds the mineral rights to the La Marigen ionic REE clay project, containing rare earth elements Terbium, Dysprosium, Praseodymium, and Neodymium, among others Option allows Royalty Management to participate in the growth of NeoRe through equity participation FISHERS, INDIANA - March 17, 2025 ( NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) ('Royalty Management' or the 'Company'), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to announce that it has partnered with NeoRe, SpA on the development and commercialization of their Chilean rare earth mine. The partnership is initially in the form of an option for Royalty Management to acquire an equity ownership position in the operations of the mine at a set valuation, giving the Company meaningful upside exposure to valuable resources at NeoRe's La Marigen project, which is located along the coastal belt of Chile and adjacent to other valuable regional rare earth deposits, such as Aclara Resources' Penco rare earth project. NeoRe's La Marigen Project consists of five license areas within ionic adsorption clay deposits that contain meaningful amounts of valuable rare earth elements. It also comprises 74 exploration applications and four granted exploration concessions covering over 56,300 acres of mining rights, located 50 miles north of Chile's second largest city, Concepciòn, a major industrial city with multiple ship loading terminals. The management and operational team at NeoRe has over a decade of experience with the successful evaluation, definition and development of ionic adsorption clay deposits with strong in-country technical relationships and have been conducting surface exploration and test work across the La Marigen region for the past three years. While currently under permitting and development, NeoRe is looking to accelerate the commercialization of La Marigen Project through a combination of private sector investment, such as that from Royalty Management, and governmental support. NeoRe has also recently signed a letter of intent with ReElement Technologies Corporation to incorporate localized processing and refining into La Marigen project, thereby providing unique commercialization opportunities and enhanced viability for the project as compared to other regional deposits of similar nature. Thomas Sauve, Chief Executive Officer of the Company, stated, 'After careful due diligence and verification of the deposit's resources and its composition, we are very excited about partnering with the team at NeoRe to help develop and commercialize their La Marigen project. Initial analysis has shown meaningful amounts of valuable rare earth elements present at this project, including significant presence of heavy rare earth minerals, such as Terbium and Dysprosium, which are in high demand and not seen in commercially meaningful quantities in a lot of rare earth deposits. Along with our investments in other resources and mines, such as our Ferrox investment in the Limpopo Province of South Africa and our TR Mining & Equipment investment in Jamaica, we are continuing to position the Royalty Management to be a diversified leader in access to rare earth, critical mineral, and specialty metal resources that go into a variety of critical application, from both a commercial and defense perspective. As 2025 continues, we look forward to updating our shareholders as we continue our investment into this key sector for Royalty Management.' The demand for heavy rare earth elements (or 'HREE' as it is sometimes referred to) like Dysprosium and Terbium are soaring, driven by the growth of the electrified economy such as artificial intelligent (AI) data centers, electrified mobility, and defense applications, with expectations of a significant increase in demand over the next few decades A more detailed look at the demand for heavy rare earths and why the demand is rising include: Renewable Energy: The global shift towards renewable energy sources, especially wind power and electric vehicles (EVs), is a major driver of the increasing demand for rare earth elements. Permanent Magnets: Heavy rare earths are crucial components in the production of permanent magnets, which are essential for electric motors in data center cooling devices, power tools, EVs, wind turbines and defense applications. Other Applications: Rare earths are also used in consumer electronics, medical equipment, and many defense applications. Geopolitical Factors: China's dominance in rare earth production and processing, along with geopolitical tensions, have highlighted the need for diversified supply chains and increased domestic production in countries like the United States. Significant Growth Trend: The International Energy Agency (IEA) projects that demand for rare earth elements could increase three to seven times by 2040, and the United States demand for rare earth magnets is expected to more than quadruple by 2050. According to another study by Future Market Insights, the global rare earth metals market is projected to grow from $6.2 billion in 2024 to $16.1 billion by 2034, underpinning the importance of these elements. China currently dominates the production and processing of rare earth elements, creating a vulnerability in the global supply chain and prompting efforts to diversify sources and increase domestic production, such as the processing and refining capabilities of United States-based ReElement Technologies Corporation ( About Royalty Management Holding Corporation Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future. For more information visit Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements,' including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the 'Risk Factors' section of the Company's registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC's website, The information contained in this release is as of the date first set forth above. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
