Indiana ยท state page
Rare earth mines, projects and companies in Indiana
Indiana has 1 tracked rare earth plant or mill: Marion advanced technology center (under construction). American Resources Corp (headquartered in Fishers) is also tracked here.
ReElement Technologies is building a refining campus in Marion and runs a refinery in Noblesville, and American Resources, a Kentucky coal producer with a minority stake in ReElement, is headquartered in Fishers.
Verified through Oct 1, 2026
- Sites on the map
- 1Mines, projects, mills and plants
- Mines and projects
- 0
- Plants and mills
- 1
- Companies and pilots
- 2Tracked in the state
Which rare earth mines and plants are in Indiana?
Marion advanced technology center is the only site tracked in Indiana, and it is under construction. The table gives the owner and the next step for each.
| Site | Layer | Status | Owner or operator | Next step or status note |
|---|---|---|---|---|
| Marion advanced technology centerMarion, Indiana | Separation and refining | Plant building | ReElement Technologies | Capacity added in stages from Q3 2026 through Q1 2027; stated targets differ between releases Status is company-reported. |
Mines and projects link to their own profile. Plants link to the profile of the company that operates them. See the map page for how precise each pin is.
Verified Oct 1, 2026
Which rare earth companies are based or building in Indiana?
ReElement Technologies (headquartered in Fishers, with Marion advanced technology center) and American Resources Corp (headquartered in Fishers) are tracked in Indiana.
| Company | Why it is in Indiana | Role | Listing | Government support |
|---|---|---|---|---|
| ReElement Technologies | Headquarters (Fishers, Indiana); Marion advanced technology centerReElement also runs a refinery in Noblesville, Indiana, which it expanded by 141% in Sept 2025 (company-reported), besides the Marion campus that is being built. | Refiner and recycler (American Resources affiliate) | Private (American Resources, Nasdaq: AREC, holds a minority stake) | Office of Strategic Capital $80M conditional loan and $25M Department of War investment (Jul 2026) |
| American Resources Corp | Headquarters (Fishers, Indiana) | Coal producer with a minority stake in ReElement | Nasdaq: AREC; holds a minority stake in ReElement Technologies | DOE coal-waste pilot (selected for award negotiation, Jul 2026) |
A company with several sites appears on each state page where it has one. Companies without a link have no profile yet. Government support is the company-wide summary and is not allocated to a state.
What government support is going to rare earth companies in Indiana?
No state or local incentive is tracked for Indiana. 2 federal support items are tracked for companies with a site or headquarters here, each with a status.
| Company | Agency | Instrument | Amount | Status |
|---|---|---|---|---|
| ReElement Technologies | Office of Strategic Capital (Department of War) | Conditional loan commitment, with warrants to the Department of WarNov 2025 | $80M | Conditional |
| ReElement Technologies | Department of War (Industrial Base Fund) | Investment (form not stated)Jul 15, 2026 | $25M | Closed |
These amounts attach to companies, not to sites in this state: many of the companies have projects elsewhere. Do not add them up as spending in the state. The government support tracker has the terms and sources.
Which neighboring states have rare earth projects?
Ohio borders Indiana and has tracked rare earth sites, companies or pilots.
All states: rare earth mines, projects and companies by US state.
Questions about rare earth in Indiana
Does Indiana have rare earth mines?
No. Indiana has no tracked rare earth mine or project. The only active primary rare earth mine in the United States is Mountain Pass in California.
Which rare earth companies are based or building in Indiana?
ReElement Technologies (headquartered in Fishers, with Marion advanced technology center) and American Resources Corp (headquartered in Fishers) are tracked in Indiana.
Are any rare earth plants operating in Indiana?
Not yet. Marion advanced technology center is under construction.
Sources and verification
Each profile lists its sources, a confidence grade and a verification date. Order of authority: official records (SEC filings, agency documents), company documents and technical reports, research papers, then independent press. Syndicated copies and reference works are labeled and are never the only source for a number. Company-reported figures are labeled as such, and non-binding deals are labeled "letter of intent" or "conditional".
- Department of War: Office of Strategic Capital joint $700M conditional loan commitment with Vulcan Elements and ReElement (Nov 2025) Official record
- Department of War: $25 million investment with ReElement Technologies (Jul 2026) Official record
- American Resources press release on the Nov 2025 partnership and its ReElement stake (SEC exhibit 99.1) Official record
- Department of Energy: selections for award negotiation, coal-waste rare earth pilots (Jul 1, 2026) Official record
- ReElement expands the Noblesville refinery by 141% (Access Newswire, Sept 2025) Company document
- OSTI review, Minerals Engineering 249 (Kashyap et al., 2026) Research paper
- USGS Mineral Commodity Summaries 2026 Official record
Tags show what kind of source each link is. How sources are ranked