American Resources' ReElement Technologies: Unveiling Rare Earth Element Production

American Resources Corporation's (NASDAQ:AREC) wholly-owned subsidiary, ReElement Technologies, is set to participate in a live virtual investor webcast, titled "What This Means," on Monday, December 16, 2024, at 4:00 PM ET. The webcast aims to provide an update on the economic viability of rare earth element (REE) production from carbon mine waste, which could significantly impact the global REE market.

ReElement Technologies, a leading provider of high-performance refining capacity for rare earth and critical battery elements, will discuss its innovative process for producing REEs from waste streams. The company's multi-mineral, multi-feedstock platform technology focuses on recycling material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, coal-based waste streams, and byproducts. This approach creates a cost-effective and environmentally-safe, circular supply chain, reducing the need for mining raw materials and minimizing environmental impact.

The potential market applications and demand for the REEs produced by ReElement's process are vast, driven by the growing electrification market and the increasing demand for critical battery elements. As the world transitions towards a low-carbon economy, the need for REEs in electric vehicles, wind turbines, and other clean energy technologies is expected to rise. Additionally, the US government's focus on securing a domestic supply chain for critical minerals further emphasizes the potential demand for ReElement's REE production process.

The partnership between American Resources Corporation and IRIS Metals is another significant development for ReElement Technologies. IRIS Metals' extensive suite of assets in South Dakota, highly prospective for hard rock lithium, will provide ReElement with a steady supply of spodumene concentrate, a key raw material for lithium production. This strategic alliance will enable ReElement to leverage IRIS Metals' mining expertise and local knowledge, further strengthening its position in the global lithium supply chain.



In conclusion, American Resources Corporation's ReElement Technologies is poised to make a significant impact on the global rare earth element market. Its innovative process for producing REEs from waste streams, combined with its strategic partnership with IRIS Metals, positions the company well to meet the growing demand for critical battery elements and contribute to a more sustainable future. Investors are encouraged to tune in to the live virtual investor webcast to learn more about ReElement Technologies' groundbreaking work in the rare earth element production space.