US Rare Earth Investment

GreenMet plans $150M rare earth processing hub in West Virginia; new partnership adds Flash Metals and patented thermal extraction

GreenMet plans $150M rare earth processing hub in West Virginia; new partnership adds Flash Metals and patented thermal extraction

Key Questions

What is GreenMet planning in West Virginia?

GreenMet announced a $150M private-backed rare earth processing hub in West Virginia that will convert coal tailings into rare earth elements.

What government and partner support is behind the GreenMet project?

The project involves White House coordination and $10B in additional commitments from partners, using a hub-and-spoke model with offtake from Greenland, Canada, and Cameroon.

What new technology partnership has GreenMet formed?

A three-company partnership including Flash Metals adds patented Flash Joule Heating thermal extraction technology to advance waste-to-REE processing.

How many jobs is the West Virginia facility expected to create?

The project is projected to bring nearly 250 jobs to Greenbrier County as part of broader supply chain diversification efforts.

Why is this development significant for US rare earth supply chains?

It signals growing private capital investment in domestic REE processing and validates innovative approaches to extracting rare earths from coal tailings.

GreenMet announced a $150M private-backed rare earth processing hub in West Virginia, converting coal tailings to REEs. White House coordination and $10B in additional commitments from partners. Hub-and-spoke model with offtake from Greenland, Canada, and Cameroon. A new three-company partnership (including Flash Metals) brings patented Flash Joule Heating thermal extraction technology, further validating the waste-to-REE approach. Strong signal for private capital flowing into U.S. REE processing, job creation, and supply chain diversification.

Sources (6)
Updated Jul 2, 2026