RMCO

Royalty Management Holding Corp (NASDAQ:RMCO) said a company it holds a royalty stake in, ReElement Technologies, has closed new financing that will fund an expansion of operations and increase revenue flowing to Royalty Management under an existing royalty agreement. ReElement, which operates critical mineral refining facilities in Noblesville and Marion, Indiana, processes end-of-life recycled materials, virgin ores and manufacturing byproducts into magnet-grade rare earth elements and other critical minerals for the electrification, defense and technology sectors using a chromatographic separation platform.