Federal instrument · Grant

DoD IBAS $2 million investment in ReElement Technologies

A two-year, $2 million Department of War investment in ReElement Technologies Corporation through the Industrial Base Analysis and Sustainment (IBAS) Program, dated September 3, 2025, to increase domestic critical mineral separation and purification capabilities at ReElement's Marion, Indiana facility. The Department of War release describes it as an investment through the IBAS Program; it does not state that funds have been obligated or disbursed, nor a specific award vehicle, so the instrument is typed as a grant on the release's investment language.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Announced

Program: Industrial Base Analysis and Sustainment Program · U.S. Department of Defense

Terms

Amount	$2M (two-year investment through the Industrial Base Analysis and Sustainment (IBAS) Program as stated by the Department of War release)

Immutable financial events

Sep 3, 2025 · Announced

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources

U.S. Department of War · published Feb 20, 2026 · retrieved Aug 11, 2026 · archive