American Resources Corp Expands Global Reach with ReElement Deal in American Samoa.

American Resources Corp's subsidiary, ReElement Technologies, is expanding its global reach through a new agreement with Impossible Metals to deploy refining technology in American Samoa. The deal will enable the company to locally extract and process rare earth elements and critical minerals, creating jobs and fortifying its strategic stockpile. The partnership with Impossible Metals provides a unique technology for environmentally extracting materials, which ReElement will refine, separate, and purify to 99.5% purity.

American Resources Corp (AREC) has taken a significant step towards diversifying its critical mineral supply chain with a strategic partnership in American Samoa. The company's subsidiary, ReElement Technologies, has signed a memorandum of understanding (MOU) with the American Samoa Economic Development Authority (ASEDA) and Impossible Metals to explore the development of a critical mineral refinery in the U.S. territory [1].

The project aims to process deep sea nodules found in the waters around American Samoa, targeting key materials such as copper, cobalt, nickel, manganese, and rare earth elements. This initiative aligns with recent executive orders from U.S. President Donald Trump encouraging domestic production of critical minerals and supporting the development of offshore resources [1].

ReElement Technologies will bring its advanced refining capabilities to the project, leveraging existing military infrastructure for refining operations as permitted by a March 2025 order promoting refineries on federal installations. The partnership with Impossible Metals provides a unique technology for environmentally extracting materials, which ReElement will refine, separate, and purify to 99.5% purity [1].

The agreement marks a step forward in ReElement’s strategy to process high-purity critical minerals domestically. The initiative is expected to create jobs and fortify AREC's strategic stockpile, reducing reliance on China and other foreign sources. ASEDA Executive Director John Wasko called the initiative a way to unlock economic and strategic benefits for the territory [1].

The partnership comes at a time when the U.S. is intensifying efforts to secure critical minerals. The Trump administration has outlined a pandemic-style support plan to guarantee a price floor for rare earth elements, aiming to incentivize domestic mining, processing, and magnet manufacturing [2]. The U.S. is also exploring partnerships with countries like the Philippines to develop their untapped rare earth reserves, signaling a new front in countering China's near-monopoly on rare earth processing [2].

In the meantime, China has continued to restrict rare earth exports to the U.S., keeping shipments at roughly half their normal levels. This has led to supply chain disruptions and forced automakers outside China to halt production for lack of magnets. The U.S. is racing to secure alternative rare earth supplies to address this strategic vulnerability [2].

The partnership between AREC, ReElement Technologies, and Impossible Metals is a significant move towards achieving these goals, positioning the company at the forefront of the critical minerals race.

References:
[1] https://www.proactiveinvestors.com/companies/news/1075745/american-resources-reelement-ink-deal-to-explore-critical-mineral-refining-in-american-samoa-1075745.html
[2] https://www.tradingview.com/news/tradingview:38f8adb26ef6f:0-golden-properties-ltd-acquires-1-million-shares-of-american-resources-corp/