About PMT Critical Metals - Building a Resilient Domestic Supply Chain

Our Mission

At PMT Critical Metals, our mission is to secure a reliable, sustainable, and independent supply of critical metals for the U.S. economy. We are building a stronger, more resilient future by reshaping the global supply chain—right here at home. Through state-of-the-art manufacturing, advanced materials science, and environmentally responsible practices, we are reducing America’s dependence on foreign sources and enabling long-term national security and economic growth.

As demand for rare earth elements and permanent magnets accelerates across energy, defense, and technology sectors, we’re delivering high-purity materials sourced and processed domestically. Our capabilities in computational material discovery, proprietary alloy development, and microstructure control allow us to manufacture next-generation permanent magnets—designed for superior efficiency, performance, and reliability.

Strategic Partners

REalloys Inc. is an integrated company focused on the development and production of rare earth elements, with a primary asset in its 100% owned Hoidas Lake deposit located in northern Saskatchewan, Canada. The project already boasts a significant Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) in the Measured and Indicated categories, with significant potential upside. PMT Critical Metals Inc. is a wholly owned subsidiary of REalloys Inc.

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The Critical Materials Institute is a U.S. DOE Energy Innovation Hub led by Ames Laboratory that seeks to accelerate innovative scientific and technological solutions to develop resilient and secure supply chains for rare-earth metals and other materials critical to the success of clean energy technologies.

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Ames National Laboratory, formerly Ames Laboratory, is a United States Department of Energy national laboratory located in Ames, Iowa, and affiliated with Iowa State University. It is a top-level national laboratory for research on national security, energy, and the environment.

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Advanced Magnetics for Power & Energy Development’s (AMPED) mission is to develop an innovation ecosystem and educational programs for advancing soft magnetic materials and component technologies spanning fundamental science to end-use application in collaboration with various offices and program

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Powdermet is a nationally recognized nanotechnology and advanced materials research and development organization. Powdermet has an extensive proprietary technology base and application data in materials compositions, structures, and manufacturing processes incorporating nano-scale and submicron features into engineering materials through powder metallurgy and ceramic processing techniques.

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Why Magnets Matter

Magnets power modern life. They are found in everything from smartphones, computers, and electric vehicles to aircraft, satellites, and wind turbines. They drive motors, store data, generate energy, and enable precise movement in advanced defense and medical technologies.

They are essential to electrification. Any system that generates, stores, or transmits energy or data depends on magnets—and virtually every modern device involves something that spins, drills, or moves. Despite their critical role, the entire high-performance magnet supply chain is currently dominated by China. The U.S. lacks meaningful domestic magnet manufacturing capacity.

Why Rare Earths Are Critical

Rare earth elements are the backbone of advanced technologies, yet the U.S. currently lacks the infrastructure to process them into usable metals, alloys, or components. PMT Critical Metals is building the capabilities to solve this.

Rare earths are essential for electric vehicles, wind turbines, missile guidance systems, fighter jets, and next-gen semiconductors. But more than 85% of global refining and secondary processing happens in China. That leaves the U.S. vulnerable to geopolitical tensions, export restrictions, and supply chain disruptions.

Frequently Asked Questions (FAQ)

Why are magnets so important?

Magnets are essential to modern life. They’re used in almost every piece of technology you interact with—phones, computers, cars, speakers, wind turbines, aircraft, and even medical devices. They enable energy generation, data storage, movement, and control. Without magnets, electrification wouldn’t be possible. From renewable energy systems to defense technologies, magnets are mission-critical.

What role do magnets play in electrification?

Electrification relies heavily on magnets. Motors, generators, sensors, and actuators all depend on magnetic components to operate efficiently. As industries shift toward electric vehicles, smart infrastructure, and renewable energy, the need for high-performance magnets continues to grow—making them vital for a low-carbon future.

Who controls the global magnet supply chain?

Currently, China dominates the global supply of high-performance magnets and the rare earth elements used to make them. Nearly all advanced magnet manufacturing capacity exists outside the U.S., creating a critical vulnerability in our national and economic security.

What are rare earth elements, and why do they matter?

Rare earth elements (REEs) are a group of 17 metals that are vital for high-performance magnets, electronics, batteries, defense systems, and renewable energy technologies. These elements make advanced technologies lighter, stronger, and more efficient.

Why is domestic rare earth processing important?

Without the ability to refine rare earth elements in the U.S., we remain dependent on foreign nations—particularly China—for critical materials. Domestic processing ensures supply chain independence, strengthens national security, and enables U.S.-based manufacturing and innovation.

How do rare earths impact clean energy and EVs?

Rare earths like neodymium, praseodymium, dysprosium, and terbium are used to produce powerful magnets found in electric vehicle motors and wind turbines. Without a secure domestic supply, the transition to clean energy is at risk of delays or disruptions.

How does rare earth processing support national security?

Rare earths are used in everything from missile guidance systems to radar and jet engines. The U.S. Department of Defense has classified rare earth processing as a national security priority. Domestic production helps ensure uninterrupted access to these critical components.

What is the economic impact of reshoring rare earth and magnet manufacturing?

Bringing rare earth and magnet processing to the U.S. will create thousands of high-tech jobs, drive innovation, and support regional industrial revitalization. It also reduces economic exposure to unstable global markets and strengthens America’s manufacturing base.

Is rare earth processing environmentally sustainable?

It can be. While legacy methods have historically caused pollution, PMT Critical Metals is committed to clean, responsible processing. This includes adopting low-waste technologies and recycling rare earths from end-of-life products to build a circular economy.

Are there government policies supporting this effort?

Yes. U.S. legislation like the Defense Production Act, CHIPS and Science Act, and Inflation Reduction Act includes incentives for domestic rare earth production and magnet manufacturing. These programs aim to secure critical supply chains and promote U.S. technological leadership.

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Powering America’s Future with Critical Metals