Stock Markets June 2, 2026 01:16 PM

U.S. Department of Energy Backs Two Rare-Earth Demonstrations in Louisiana and Oklahoma with $134 Million

Grants target recovery of rare earths from industrial waste streams to expand domestic supply chains

By Sofia Navarro USAR

On June 2 the U.S. Department of Energy named projects in Louisiana and Oklahoma to receive a combined $134 million to recover rare earth elements from waste streams. One award of roughly $67 million will fund a Colorado School of Mines and ElementUSA-led facility in Louisiana to extract and refine rare earths from bauxite waste at commercial-test scale. A separate Phoenix Tailings project in Oklahoma, partnered with MIT, will build a demonstration plant to convert industrial waste into high-purity rare earth metals and help create a new domestic supply pathway. The DOE previously selected USA Rare Earth in May for up to $19.3 million for a pilot processing project.

U.S. Department of Energy Backs Two Rare-Earth Demonstrations in Louisiana and Oklahoma with $134 Million
USAR

Key Points

  • DOE approved $134 million in funding for rare-earth recovery projects in Louisiana and Oklahoma, aimed at extracting elements from industrial waste streams.
  • Roughly $67 million will support a Colorado School of Mines and ElementUSA-led facility in Louisiana to refine rare earths from bauxite waste, with expected output of 150 to 1,000 metric tons per year at commercial-test scale - sectors impacted include domestic critical minerals processing and related manufacturing.
  • A Phoenix Tailings project in Oklahoma, in partnership with MIT, will build a demonstration plant to convert industrial waste into high-purity rare earth metals, contributing to efforts to establish alternative domestic supply routes.

June 2 - The U.S. Department of Energy has selected demonstration projects in Louisiana and Oklahoma to receive a total of $134 million in federal funding aimed at extracting rare earth elements from industrial waste streams. The awards are part of Washington's push to increase domestic critical minerals production and reduce reliance on China, which currently dominates global rare earth supplies.

Louisiana project: About $67 million of the funding is allocated to a joint effort led by the Colorado School of Mines and ElementUSA to build a facility in Louisiana focused on extracting and refining rare earth elements from bauxite waste. The plant is designed to operate at commercial-test scale and is expected to produce between 150 and 1,000 metric tons of rare earths annually from tailings.

Oklahoma project: The DOE also selected a Phoenix Tailings-led project to construct a demonstration plant in Oklahoma. That effort, conducted in partnership with the Massachusetts Institute of Technology, aims to convert industrial waste into high-purity rare earth metals and to establish an alternative domestic supply route for these materials.

Separately, in May the agency selected rare earth magnet maker USA Rare Earth to receive up to $19.3 million for a pilot rare earth processing project intended to strengthen domestic supply chains.

The selected projects vary in scale and stage, with the Louisiana facility slated for commercial-scale testing and the Oklahoma site positioned as a demonstration plant. Both initiatives focus on recovering critical minerals from waste streams rather than primary ore mining, reflecting a targeted approach to increasing domestic output from existing industrial byproducts.

By prioritizing processing and refining capabilities within the United States, the funded projects are intended to help diversify supply routes for rare earth elements. The DOE's selections highlight a policy emphasis on developing domestic processing infrastructure and testing technologies that could be scaled if demonstration and pilot efforts meet expectations.


Summary: The Department of Energy will provide $134 million for rare earth projects in Louisiana and Oklahoma to extract critical minerals from industrial waste. Approximately $67 million will fund a Colorado School of Mines and ElementUSA-led Louisiana facility that aims to refine rare earths from bauxite tailings and produce 150 to 1,000 metric tons annually. A Phoenix Tailings and MIT partnership will build a demonstration plant in Oklahoma to produce high-purity rare earth metals. In May, the DOE also selected USA Rare Earth for up to $19.3 million to support a pilot processing project.

Risks

  • Demonstration and pilot status - the Louisiana plant is intended to test the process at commercial scale and the Oklahoma site is a demonstration plant, indicating outcomes and scalability remain to be proven - this affects mining and processing sectors.
  • Ongoing reliance reduction objective - the funding is part of a broader effort to cut dependence on China for rare earths, but progress will depend on successful commercialization of these projects - impacting critical minerals supply chains and related manufacturing sectors.

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