Latest news with #AmericanResourcesCorporation
Yahoo
17-07-2025
- Business
- Yahoo
ReElement Technologies Applauds the Quad Critical Minerals Initiative and Highlights the Power Localized Refining Solutions
Collaboration and localization are essential to building a cost-competitive and diversified supply chain for national and global security ReElement has established partnerships across the Quad nations - Australia, India, and Japan - as well as in Africa, South America, and Europe to deploy its localized refining technology FISHERS, IN / / July 17, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, applauds the recent announcement of the Quad Critical Minerals Initiative. The initiative highlights the importance of deep collaboration among partner nations, including Australia, India, Japan, and the United States - of which ReElement has partners that will utilize its high value refining technology locally to compete head-to-head on cost competitive production of high purity and separated rare earth, critical mineral and defense minerals. As previously announced on June 9, 2025, ReElement received a $150 million Letter of Interest of the Export-Import Bank of the United States (EXIM) specifically to support cross-border commercial collaboration. As a recognized member of the Defense Industrial Base, ReElement is uniquely positioned to work both with defense partners and industrial partners across these allied regions. Mark Jensen, CEO and Chairman of ReElement, commented, "Neither the U.S. nor China holds a monopoly on rare earth ore bodies. We identified this challenge early on and committed ourselves to developing a truly global solution. Today, ReElement has signed MOUs and agreements with partners across the Quad countries and beyond - in Africa, South America, and Europe - to bring our technology directly to the source. Localizing refining not only reduces cost and time to production, but also strengthens national and allied security by minimizing global bottlenecks. We look forward to working with our partners to deploy our platform, unlock value, and create resilient, high-quality jobs around the world." ReElement's technology is capable of production ultra-high purity (>99.5% to 99.999%) separated rare earth, critical mineral and defense minerals anywhere in the world. It can process both recycled materials and virgin ores, including legacy tailings. The technology supports recovery and purification of key elements that are crucial to our national security including SEG, SEG+ which possess Samarium - the most commonly used elements in magnets for defense applications. ReElement's technology also economically refines Sb, NdPr, Dy, Tb, Y, Tb, Ge, Ga, Gd, Li, Nb, Ta, Co, Ni, Zr and others - all vital to defense, energy, and high-tech applications. The Advantages of Localization with ReElement's Technology ReElement has developed and commercialized the only existing rare earth and critical mineral refining platform that is scalable, modular, and rapidly deployable anywhere in the world. This approach radically reduces execution timelines, capital costs, and environmental impact. Key Attributes: Modular Scalability: Systems can be right-sized for each project and expanded over time based on partner growth. Environmental Simplicity: The ReElement process is low-impact and was permitted in just one month in Noblesville, Indiana. Minimal Infrastructure: The technology is chemical - and energy-efficient, with closed-loop reuse of chemicals and water. Compact Footprint: Requires only a fraction of the space compared to traditional solvent extraction, lowering buildout costs. Speed to Market: Systems can be deployed in existing facilities and made operational in under 12 months - significantly faster than solvent extraction permitting and construction timelines. ReElement welcomes partnership opportunities with any nation or company seeking to lower costs, increase security, and build resilient supply chains for rare earths, critical minerals, and defense metals. Our "Powered by ReElement" solution can be deployed locally to help allies meet their national security and industrial goals. Contact our team to learn how we can collaborate. About American Resources Corporation (NASDAQ:AREC) American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-07-2025
- Business
- Yahoo
ReElement Technologies Launches Urban Mining-to-Magnet Tolling Service for 99.5%+ Separated Rare Earth Oxides
Innovative offering enables cost-effective recycling of permanent magnets into high-purity Nd, Pr, Dy, and Tb oxides at $25-$35/kg ReElement achieves over 90% recovery rates and partners with domestic magnet producers to deliver a fully circular, U.S.-based supply chain FISHERS, IN / / July 11, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources") along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, is pleased to announce the launch of its urban mining-to-magnet rare earth supply chain. Through this offering, ReElement will provide toll processing services to separate and purify recycled rare earth magnets into high-purity Nd, NdPr, Dy, and Tb oxides - achieving purities of 99.5% or greater - for an average cost of $25 to $35 per kilogram. These refined materials will then be converted back into magnets by ReElement's domestic partners, establishing a cost-effective and fully integrated U.S.-based magnet supply chain. ReElement is also recycling a range of strategic and esoteric critical minerals - many of which are subject to China's export controls or near-monopoly - including Terbium (Tb), Gallium (Ga), Germanium (Ge), Gadolinium (Gd), Samarium (Sm), Cobalt (Co), Yttrium (Y), and others essential to both commercial and defense-related high-tech applications. Under these partnerships, ReElement accepts material for recycling and returns the separated and purified oxides - or other desired chemical compound forms - with purities ranging from 99.9% to 99.999%. These refined products are typically provided to the recycling partner at or below prevailing Chinese market prices. Mark Jensen, CEO and Chairman of ReElement, commented, "Over the past decade, we've built an innovative platform - along with the processes and partnerships - to establish an economically viable rare earth and critical mineral supply chain here in the United States. Our Indiana facilities are producing high-purity, separated, and refined Nd, NdPr, and Dy, which we've delivered to domestic partners at costs competitive with Chinese pricing. We're proud to launch this collaborative tolling service for customers committed to building stable, long-term U.S.-based supply chains. If your operations require separated and purified rare earth oxides, reach out to our team - we're ready to help reduce your dependence on inefficient and unstable global supply channels. We firmly believe there's no other group in the U.S. capable of matching our combination of technical performance and pricing in delivering high-purity, refined rare earth and critical mineral products." ReElement is feedstock-agnostic and has successfully processed magnets sourced from wind turbines, automotive rotors, power tool rotors, hard disk drives, electric motors, and magnetic separators. The company has also recycled magnetic swarf from magnet manufacturing operations, returning it to the production cycle. In the coming months, ReElement expects to announce additional tolling partnerships involving SEG, SEG+, MREC, MREO, and other ore-based feedstocks - in addition to existing antimony refining services. ReElement's refining platform - originally developed by Purdue for pharmaceutical purification - has been reengineered to separate rare earths and critical minerals with exceptional efficiency, scalability, and purity. Their patented, programmable platform handles multiple feedstocks and minerals, enabling rapid modular deployment across locations and resource types. Unlike legacy solvent extraction methods, it uses far fewer chemicals, requires less space, and generates minimal waste - making it faster to permit and simpler to co-locate near feedstock or end-use customers. This breakthrough eliminates a major chokepoint in global critical mineral supply chains, which has been dominated by single-source processing, no longer tenable as the U.S. must forge critical mineral supply chain independence, both through processing in the US and in partnership with allies abroad. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. About American Resources Corporation (NASDAQ:AREC) American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire
Yahoo
10-06-2025
- Business
- Yahoo
American Resources Corporation Reaffirms Compliance With Nasdaq Listing Standards
FISHERS, IN / / June 10, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), a leader in the critical mineral supply chain, reaffirms compliance with Nasdaq Listing Standards as outlined in the Company's Form 8-K filed on May 30, 2025 with the U.S. Securities and Exchange Commission. As stated in the in the referenced filing: On May 29, 2025, American Resources Corporation (or the "Company") received a letter from the Nasdaq Stock Market indicating that the company's Form 10-Q for the fiscal year ended March 31, 2025 has not been timely filed according to Nasdaq's Listing Rules. The Company filed the required 10-Q on May 28 and was in compliance with Nasdaq Continued Listing Standards at the time of the issuance of the notification. Mark Jensen, CEO and Chairman commented, "Transparency, governance and compliance is a paramount focus of our team. We have greatly appreciated our collaborative relationship with Nasdaq as shown by the recent spotlight interview." Watch the full interview with American Resources' Chairman and CEO Mark Jensen here. About American Resources Corporation American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact:JTC Team, LLCJenene Thomas908-824-0775AREC@ Media Inquiries:Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact:Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
American Resources Corporation and ReElement Technologies Corporation Announces Participation in June Industry Conferences
FISHERS, IN / / June 2, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, today announced their participation in several key industry conferences throughout June. Company leaders will be presenting, leading discussions, and meeting with customers, investors, and strategic partners. 2025 Building Bridges: Indiana - Africa Innovation PipelineDates: June 2-5, 2025Location: Indianapolis, Indiana As a subset of the Global Entrepreneurship Congress Indiana 2025, ReElement Technologies Corporation's Steven Frankowski will meet with key stakeholders and attend The Business and Philanthropy Networking event hosted by Elevate Ventures and JP Morgan Chase on June 4. Mr. Frankowski commented, "The opportunity to meet directly with key business and government leaders comes at an infection point for ReElement Technologies. With our recent announcements including the direct anchor investment from Novarre Holdings, a leading African investment fund, and our workforce development program with Ivy Tech - we are committed to driving innovation and efficiencies across the critical mineral supply chain through Indiana. To reach out to Steven for meetings please reach out via LinkedIn by clicking HERE. 2025 Honeywell Users Group Americas ConferenceDates: June 9-11 2025Location: San Antonio, Texas As part of the conference theme, Empowering Change, Securing Tomorrow, Kirk Taylor CPA, CFO of American Resources Corporation, will participate in two key sessions: Roundtable: "From Risk to Resilience: What Energy Transition Means for every Sector" Panel Lead: "Power Scarcity Challenges" Mr. Taylor commented, "The theme of this year's Users Group - Empowering Change and Securing Tomorrow - aligns directly with ReElement's mission of creating a sustainable, domestic supply chain for battery, magnet and defense metals. I'm honored to contribute to Honeywell's thought leadership network and ecosystem." To request a meeting during the event to discuss battery or magnet recycling, and advanced critical mineral refining, please reach out via LinkedIn by clicking HERE. Silicon Valley Mineral-X Forum, 2025Dates: June 17-18, University, Stanford California This innovation-focused forum brings together leaders exploring new technologies for a resilient and sustainable critical mineral supply chain - from mineral exploration to processing, supported by data science and decision modeling. Shane Tragethon, Vice President of International Strategy of ReElement Technologies will be attending. To set up a meeting, please connect via LinkedIn by clicking HERE. Critical Minerals Forum:Dates: June 26, 2025Location: New York, New York This forum convenes critical mineral stakeholders across mining, processing, manufacturing, finance, and government to promote transparency and resilience in supply chains. Mark LaVerghetta, Co-Founder and Director of ReElement Technologies will be attending and participating in several one-on-one meetings; to set up a meeting, please connect via LinkedIn by clicking HERE. Mark Jensen, Chief Executive Officer of American Resources Corp will be attending and participating on a panel discussions; to schedule a meeting, please connect via LinkedIn by clicking HERE. About American Resources Corporation American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact:JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries:Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact:Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
ReElement Technologies Secures Anchor Investment from South African Firm Novare Holdings to Catalyze Rare Earth Element Refining Expansion in America's Heartland
South African Firm Commits to Driving American Industrial Renewal and Africa-U.S. Commercial Diplomacy FISHERS, IN / / June 2, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), through its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, announced today that Novare Holdings Proprietary Limited ("Novare"), a South African-headquartered institutional investment firm, has committed to be the anchor investor in ReElement's private capital raise. This commitment will help unlock approximately $150 million in combined equity and debt financing to expand ReElement's refining operations at its 42-acre Marion, Indiana supersite - revitalizing the former RCA-Thomson television factory, once a symbol of American industrial strength. ReElement is proud to revive the facility as a hub for advanced manufacturing, signaling the return of high-value industry to the American heartland. ReElement's patented chromatographic separation platform was developed in partnership with and based on pioneering research from Purdue University, one of America's premier research institutions. ReElement has exclusively commercialized this technology and continues to collaborate actively with Purdue to refine and scale its application for critical mineral separation. The company has proven its capability at small commercial scale, delivering ultra-pure light and heavy rare earth oxides to U.S. and allied magnet manufacturers. This new capital enables ReElement to significantly increase output of high-purity elements essential for advanced technologies in both the commercial and defense sectors. The announcement marks a powerful example of how strategic foreign investment can accelerate U.S. innovation, industrial revitalization, and supply chain resilience. Novare's commitment to ReElement's domestic scale-up not only supports the growth of advanced American technology, but also demonstrates a forward-looking model for international partnership - one that bridges economic opportunity between Africa and the United States while reinforcing critical sectors tied to national and global security. The investment also deepens ReElement and Novare's ongoing partnership to deploy the same U.S. refining technology to Africa, announced this past February, where Novare's large capital commitment will fund the continent's first multimineral refining facility. By co-locating value-added processing and refining in Africa, this collaboration reverses the "extract-to-export" mining model, enabling local beneficiation, industrial development, high-skill job growth, and secure offtake of manufacturing-grade minerals by U.S. and allied supply chains. Mark Jensen, CEO and Chairman of ReElement Technologies, stated: "This is a historic moment. With Novare as our anchor investor, we are not just expanding capacity - we're reshaping the global critical minerals supply chain. Together, we're proving that African capital can invest in America's best technology, and that same technology can deliver lasting value back to Africa. The former RCA factory in Marion will once again power American industry, and Africa will rise as a full participant in high-value mineral processing." Ola Leepile, CEO of Novare Holdings, added: "Novare is proud to stand behind ReElement as it scales groundbreaking American technology. This investment reflects our belief that African institutional capital has a powerful role to play in global industrial transformation. We are backing U.S. innovation at home and abroad - supporting jobs and growth in Indiana and bringing long-overdue value addition and industrial development to the African continent." ReElement's refining platform - originally developed by Purdue for pharmaceutical purification - has been reengineered to separate rare earths and critical minerals with exceptional efficiency, scalability, and purity. Their patented, programmable platform handles multiple feedstocks and minerals, enabling rapid modular deployment across locations and resource types. Unlike legacy solvent extraction methods, it uses far fewer chemicals, requires less space, and generates minimal waste - making it faster to permit and simpler to co-locate near feedstock or end-use customers. This breakthrough eliminates a major chokepoint in global critical mineral supply chains, which has been dominated by single-source processing, no longer tenable as the U.S. must forge critical mineral supply chain independence, both through processing in the US and in partnership with allies abroad. With this capital infusion, ReElement moves decisively forward on its roadmap to become the world's leading independent processor of rare earth and critical minerals. Learn more about ReElement Technologies' process and technology here - Video. About ReElement Technologies Corporation ReElement Technologies Corporation is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. About Novare Novare is multi-disciplinary investment holding company headquartered in South Africa. The company is a leading provider of investment solutions to predominantly institutional clients on the African continent. The group's investment solutions which are provided through fully owned subsidiaries encompasses Real Estate Funds, Impact Investing Funds, Multi Managed Funds and Implemented Investment Consulting across a range of asset classes. The group has physical operations in five African countries namely South Africa, Nigeria, Mozambique, Mauritus and Zambia. For more information visit or connect with the Company on LinkedIn. About American Resources Corporation American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
