---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-013014"
form_type: "8-K"
ticker: "REEMF"
cik: "0001419806"
company_name: "RARE ELEMENT RESOURCES LTD"
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T22:54:52.016222+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rare Element finalizes $21.9M DoE award for rare earth plant; launches ~$25M rights offering

## Summary
- Finalized $21.9M DoE/EERE award for rare earth separation demo plant in Upton, Wyoming.
- Rights offering of common shares at $0.24 each to raise ~$25M gross proceeds.
- Record date for rights is Oct 19, 2021; basic subscription + oversubscription privilege offered.
- Proceeds will fund permitting, engineering, construction, and operation of the demo plant.
- Plant expected to take 18–26 months to design/construct; operations 12–14 months thereafter.

## SEC filing metadata
- accession: 0001558370-21-013014
- form_type: 8-K
- ticker: REEMF
- cik: 0001419806
- company_name: RARE ELEMENT RESOURCES LTD
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419806/000155837021013014/0001558370-21-013014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419806/000155837021013014/reemf-20211005x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-013014
- JSON: https://secwatch.observer/filing/0001558370-21-013014.json
- Plain text: https://secwatch.observer/filing/0001558370-21-013014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.