North America's Independent Development of Magnesium Resources Accelerates, Local Substitution Process Intensifies [SMM Survey]

Published: Jul 9, 2026 13:11

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[SMM Magnesium Survey: North America Accelerates Self-Development of Magnesium Resources, Local Substitution Process Intensifies] North America's magnesium localization progresses faster. Element One partners with Revora to deploy primary magnesium production, leveraging olivine ore and extraction technology in Washington state. Altillion secures financing to extract magnesium and other minerals from oilfield wastewater. The two technologies complement each other, aiming to reduce reliance on magnesium imports and strengthen the local supply of critical minerals.

Element One Partners with Revora Materials to Build an Integrated Magnesium Production Line in North America, Addressing Regional Critical Mineral Shortfalls

Element One Hydrogen signed a technical cooperation memorandum with Revora Materials on July 7 to establish a vertically integrated magnesium supply chain in North America. Magnesium is listed as a strategic critical mineral by the US and Canada, and the region’s magnesium raw materials are currently highly reliant on imports. The enterprise leverages large magnesium-rich olivine ore resources in Washington State, combined with Revora’s mature IonMet™ patented multi-mineral extraction technology, and is about to commence pilot-scale validation of raw materials, which can simultaneously extract magnesium, nickel, cobalt, and silica. Long-term plans are to produce high-purity magnesium salts and primary magnesium metal. The entire process features environmental protection and low carbon emissions, with a complete commercialization pathway. Once operational, it will supply sectors such as aviation, automotive, national defense, and new energy, reducing North America’s dependence on magnesium imports and improving the region’s self-sufficient supply system for critical minerals.

Altillion Secures $5 Million Investment to Extract Magnesium from Oilfield Wastewater, Boosting US Domestic Critical Mineral Supply

On July 6, Tulsa-based EIC Rose Rock and Flathead Forge invested $5 million in Houston startup Altillion. The company focuses on extracting lithium, copper, and magnesium from oilfield wastewater and brine, using proprietary adsorption and membrane technologies, with the goal of achieving low-cost, low-environmental-impact magnesium recovery in oil-producing regions. This move aims to strengthen US domestic supply capability for critical minerals and reduce dependence on imported magnesium, particularly providing value-added solutions for wastewater treatment in shale oil and gas regions.

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