---
title: "RARE ELEMENT RESOURCES LTD Q2 2026: Net loss $2.76M, EPS $(0.00) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294856120.md"
description: "Rare Element Resources reported a Q2 2026 net loss of $2.76M, widening from $1.18M in Q2 2025, with no revenue as an exploration-stage company. The Demonstration Plant commenced operations in March 2026 to validate rare-earth extraction efficiency, targeting up to 10 tons of NdPr oxide. Permitting continues into early 2028. The company secured a $4.4M WEA grant and partial DOE cost-share payments to support ongoing operations."
datetime: "2026-08-04T18:01:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294856120.md)
  - [en](https://longbridge.com/en/news/294856120.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294856120.md)
generator: "portal-rs"
---

# RARE ELEMENT RESOURCES LTD Q2 2026: Net loss $2.76M, EPS $(0.00) — 10-Q Summary

RARE ELEMENT RESOURCES LTD reported a net loss of $2.76M for the quarter ended Q2 2026, compared with a net loss of $1.18M in Q2 2025. The exploration-stage company recorded no revenue in the quarter or the six-month period, and diluted loss per share was effectively $0 for the quarter and $(0.01) for the six-month period, in line with the prior year six-month EPS of $(0.01).

**Financial Highlights**

-   Net income: Net loss $2.76M for Q2 2026 vs. net loss $1.18M in Q2 2025.
-   Diluted EPS: Loss per share $0.00 for Q2 2026 vs. $0.00 for Q2 2025; six-month EPS $(0.01) vs. $(0.01) year‑ago.
-   Revenue: No revenues reported — exploration-stage company generated no revenues in the quarter or six-month periods.

**Business Highlights**

-   Demonstration Plant operations formally commenced in March 2026; full end-to-end processing is expected in Q3 2026 and may run up to 12 months to validate processing flows.
-   Plant operations are intended to validate the company's proprietary rare-earth extraction and separation efficiency using Bear Lodge samples versus traditional methods.
-   Production milestone target: the Demonstration Plant is targeted to produce up to 10 tons of NdPr oxide during its operations phase.
-   Permitting and licensing for the Bear Lodge project remain ongoing, with work expected to continue into early 2028 and to inform commercialization planning.
-   Funding and strategic support: the company received a $4.4M WEA grant; DOE cost-share payments are partially made and a novation request may transfer the award to the company to support operations.

Original SEC Filing: RARE ELEMENT RESOURCES LTD \[ REEMF \] - 10-Q - Aug. 04, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**