Ann: June Quarterly Report, page-88

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"ReElement recovers and refines 99.99%+ pure magnetic rare earth elements from all rare earth containing resources. This core refining technology is a highly sustainable and economically favorable process that leverages chromatography to separate and purify rare earth elements."

"Today, we are excited to share the high efficacy of our technology platform to achieve the desired results with natural ores, but that we can deploy anywhere in the world due to our platform’s cost and operating efficiencies and environmental safety. We look forward to scaling our production capacity in Marion, Indiana with our initial production trains being focused on recycled magnets and rare earth ore concentrates from our worldwide partnerships.”

"ReElement is currently evaluating or in conversations with providers of rare earth ores from four different continents with the goal of either partnering with such parties or acquiring their rare earth concentrates to be refined domestically. "