Financials

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Revenues, earnings & profits over time
NOK2022
Revenues<1m
Profit(32.8m)
% profit margin(31869 %)
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DateInvestorsAmountRound
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N/A

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Total Funding-

Recent News about Reetec As

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REEtec is a pioneering company in the rare earth elements (REE) industry, focusing on the development and operation of high-purity REE separation plants. The company primarily serves clients in the high-tech and green energy sectors, including manufacturers of electric vehicles and wind generators, where rare earth magnets are essential. Operating within the industrial and technological markets, REEtec employs a unique and innovative separation process that has been successfully scaled from laboratory to pilot and industrial demo plants. The business model revolves around the production and sale of high-purity rare earth oxides (REO), with revenue generated through long-term offtake agreements with key partners such as Vital Metals. REEtec's strategic focus on high-quality, sustainable REE production positions it as a critical player in the global transition to green energy.

Keywords: rare earth elements, high purity, separation technology, green energy, electric vehicles, wind generators, industrial plant, offtake agreements, sustainable production, high-tech devices.

Tech stack

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