American Resources Corp, through its ReElement Technologies unit, has developed protocols to produce high-purity germanium from recycled and ore-based feedstocks. The company's process supplies commercial and defense markets with purities ranging from 99.9% to 99.999%. ReElement will focus on scaling production over the next year through a partnership-based model, aiming to be the most cost-effective and versatile solution on the market. Shares of American Resources jumped 14% on Monday.
American Resources Corp (NASDAQ: AREC) has made significant strides in the production of high-purity germanium through its subsidiary, ReElement Technologies Corp (RTC). The company has successfully developed commercial protocols to produce ultra-high-purity germanium from both recycled and ore-based feedstocks, targeting commercial and defense applications with purities ranging from 99.9% to 99.999%. This breakthrough marks a pivotal moment in the critical mineral supply chain, particularly for the semiconductor and defense industries.
Mark Jensen, CEO of ReElement Technologies, stated, "The demand for germanium in both the commercial and defense industries is significant and growing. We have received numerous recycled and ore-based feedstocks, which we've leveraged to develop commercial flow sheets aimed at partnering with feedstock providers and customers who need this refined material today." Over the next year, ReElement will focus on scaling production at its Marion facility and partner facilities worldwide through a partnership-based model.
ReElement's technological edge lies in its use of continuous chromatography, a method that eliminates the need for toxic organic solvents, reduces capital expenditures, and enhances versatility and scalability. The company's innovative refining platform can handle multiple feedstocks and minerals, making it a versatile solution for the global supply chain.
The development of these protocols comes at a critical time, as the U.S. seeks to forge an independent critical mineral supply chain. By producing high-purity germanium from both recycled and ore-based feedstocks, ReElement is addressing a significant gap in the market. This capability is particularly valuable for the semiconductor and defense industries, which rely on germanium for various applications, including transistors, infrared optics, and fiber optics.
American Resources Corp's shares jumped 14% on Monday following the announcement, reflecting investor optimism about the company's advancements in critical mineral production. The company's ability to produce high-purity germanium at a cost-effective and environmentally friendly manner positions it as a leader in the critical mineral supply chain.
References:
[1] https://finance.yahoo.com/news/reelement-technologies-produces-greater-99-113000457.html
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