Ex-China rare earth progress accelerates with Energy Fuels, Meteoric, and MP Materials milestones—but China's export controls still dominate the near-term
Company Profile
POSCO International
Overview
About POSCO International
POSCO International Corporation is a South Korean trading and resources conglomerate headquartered in Songdo, Incheon, and a member of the POSCO Group, listed on the Korea Exchange (KRX: 047050). Within critical minerals, the company is building a non-China rare earth and permanent magnet value chain spanning mining, separation and refining, and NdFeB magnet manufacturing for electric vehicles, wind turbines, robotics, defense, and AI data centers. POSCO International produces traction-motor cores and sintered neodymium-iron-boron (NdFeB) magnets containing neodymium, praseodymium, dysprosium and terbium. On May 21, 2026 it signed an agreement with ReElement Technologies to form a U.S. rare-earth separation joint venture, with a planned US$200 million investment and targeted capacity of 3,000 then 6,000 metric tons a year, following a memorandum of understanding in September 2025. A 2023 plan for a U.S. magnet plant with Star Group Industrial was not shown to have proceeded. The company has signed long-term magnet supply contracts with North American and European automakers.
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Recent Articles
Meteoric Resources releases a landmark DFS for Brazil's Caldeira project, but financing, permitting, and downstream separation risks remain before it can
POSCO International signs MOU with Meteoric Resources for Brazil's Caldeira rare earth project, signaling South Korea's push to secure non-Chinese supply
Hyundai's NdPr deal with Arafura reduces upstream risk, but China's dominance in magnet manufacturing means Korea's supply chain independence remains
In H1 2026, major traders like Traxys, Mercuria, and Sojitz reshaped rare earth supply chains through offtakes, reserves, and state-backed deals amid
POSCO International and ReElement Technologies plan a $200M U.S. rare earth separation facility targeting magnet materials critical for EVs, defense, and AI.
POSCO and ReElement partner on $200M rare earth separation facility in the U.S., targeting 6,000 tons of refined materials by 2028.
17th Asian Metal Rare Earth Summit reveals China rare earth dominance persists across processing, magnets & industrial ecosystems despite Western efforts
ReElement Technologies expands Marion, Indiana refining campus targeting 16,000 tpa separated oxides by Q3 2026 to address U.S. supply chain gap.
POSCO International's $16M fund targets heavy rare earth supply for EV magnets, building projects in Southeast Asia and U.S. to reduce China dependence.
POSCO International builds heavy rare earth supply chain across Asia and U.S., but geographic diversification doesn't equal independence from China.
2026 rare earth supply chain update: MP Materials, Lynas, & Western producers advance magnet manufacturing amid government backing & strategic shifts.
2025 marked the shift from aspiration to action in building ex-China rare earth supply chains—mines secured funding, refineries broke ground, magnets shipped.
Energy Fuels (NYSE: UUUU) scales uranium production to 2M+ lbs/year while piloting rare earth separation—but 2026-2028 execution risk remains priced in.
The rare earth supply chain bottleneck isn't mining—it's processing and magnet recycling. Why China's refining dominance remains the real constraint.
Weekly rare earth stock performance: MP Materials gains 7%, USAR surges 25% on supply deal, sector up 83% YTD despite 3% pullback.
China controls 90% of rare earth magnet production. VAC CEO warns Europe & US must act fast to build domestic capacity or risk total dependence.
Energy Fuels and POSCO achieve breakthrough in US-sourced rare earth magnets for EVs, creating first non-China supply chain for electric vehicle technology.
ReElement Technologies partners with POSCO International to develop U.S. rare earth oxide supply, targeting 3,000 metric tons of critical magnet materials by 2…
Explore the latest developments in critical minerals supply chain, including strategic investments, technology collaborations, and emerging non-Chinese rare ea…
ReElement Technologies and POSCO International partner to create the first fully integrated U.S. rare-earth supply chain facility, enhancing critical materials…
ReElement Technologies secures $20M equipment lease to scale U.S. rare earth oxide production using innovative chromatographic separation technology.
Discover how innovative technologies are transforming the 1% rare earth magnet recycling landscape, reducing global dependence and challenging China's mineral…
Discover how nations are challenging China's 90% monopoly on rare earth magnets, with strategic investments and innovative projects reshaping global supply cha…
Energy Fuels partners with Posco to develop U.S.-produced NdPr oxide for EV magnets, creating a non-China rare earth supply chain with potential to power 30,00…
China dominates 90% of global rare earth refining, but emerging players like Lynas and MP Materials are challenging the monopoly with strategic supply chain ex…
Western nations are rapidly diversifying permanent magnet supply chains, challenging China's 90% market dominance through strategic investments and government-…
U.S. and European companies are working to break China's dominance in rare earth processing, developing domestic capabilities for critical mineral production.
Australia's strategic alliance with the U.S. through Five Eyes critical minerals network aims to counter China's global rare earth dominance and secure global…
Explore the evolving rare earth trade landscape, where commodity traders like Traxys are reshaping global supply chains beyond China's dominance.
Energy Fuels and Chemours forge a strategic alliance to build a U.S.-anchored critical minerals supply chain, challenging global geopolitical dependencies.
Navigate the complex landscape of critical minerals market dynamics, exploring technological shifts, geopolitical tensions, and emerging global industrial stra…
Energy Fuels partners with POSCO to create a non-China EV magnet supply chain, potentially supplying over 30,000 electric vehicles annually by 2025.
POSCO International expands EV magnet supply chain with US manufacturing, strategic partnerships, and plans to break China's rare earth market dominance.
ReElement Technologies partners with POSCO to transform rare earth magnet recycling, offering sustainable solutions for the electrified economy's critical mate…
