Royalty Management's ReElement holding secures $25M US defense investment

Royalty Management Holding Corp (NASDAQ:RMCO) said a company it holds a royalty stake in, ReElement Technologies, has closed new financing that will fund an expansion of operations and increase revenue flowing to Royalty Management under an existing royalty agreement.

ReElement, which operates critical mineral refining facilities in Noblesville and Marion, Indiana, processes end-of-life recycled materials, virgin ores and manufacturing byproducts into magnet-grade rare earth elements and other critical minerals for the electrification, defense and technology sectors using a chromatographic separation platform.

The financing includes a $25 million investment from the US Department of War to accelerate ReElement's production of critical minerals for defense and commercial use, in addition to a previously closed investment from private equity firm Transition Equity Partners.

Royalty Management holds an intellectual property development program with ReElement, under which it provides capital for developing patents and refining technologies in exchange for an ongoing royalty on resulting sales. The company said the new capital raised by ReElement to expand operations is expected to increase revenues tied to refining technologies covered under that program.

"ReElement has consistently demonstrated that their novel rare earth and critical mineral refining methods are the next generation of how the world looks at this industry, especially from a cost-competitive and purity standpoint," said Thomas Sauve, CEO of Royalty Management. "We are excited about having this relationship where Royalty can help provide the technology advancements in partnership with ReElement to help them continue to drive process and efficiency."

Separately, Royalty Management said its board has set a record date of September 30, 2026 for its next quarterly cash dividend. Shareholders of record on that date will receive a payment of $0.0025 per share, payable October 10, 2026.