Latest news with #ReElementTechnologies
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
11-06-2025
- Business
- Yahoo
ReElement Technologies achieves milestone in high-purity gallium and terbium production
ReElement Technologies, a subsidiary of American Resources, has announced the production of ultra-high-purity gallium and terbium from defence-related feedstocks supplied by major US defence contractors. In April 2024, ReElement extended its exclusive rights to utilise ligand-assisted displacement (LAD) chromatography technology, which was developed at Purdue University, to encompass all types of feedstocks including rare earth ores. The technology is used at ReElement's Commercial Qualification Plant in Noblesville, Indiana, to produce materials of exceptional purity, cost-efficiency and environmental sustainability. ReElement's continuous chromatography process offers numerous advantages including the use of aqueous chemistry, which eliminates the need for toxic solvents. This process also boasts lower capital expenditures, high versatility, and modular and scalable capacity, which aligns with the increasing availability of feedstocks. Additionally, localised processing strengthens supply chain security and efficiency by reducing the need to transport raw ore globally. ReElement Technologies CEO Mark Jensen said: 'Our platform continues to demonstrate unmatched versatility and performance in the global marketplace, enabling us to produce ultra-pure critical minerals required by the US defence sector and broader high-tech industries. 'We take a collaborative approach – inviting partners to send their materials to us for evaluation and refinement. Multiple defence clients have recently visited our facility, validated our process firsthand, and are now converting those evaluations into commercial opportunities. 'There is a significant amount of legacy material within the defence industry that has been historically landfilled. Now we can economically recover and refine these metals at a cost structure competitive with or even below Chinese suppliers. This is a transformative development for the sector.' The refining platform, initially developed for pharmaceutical purification, has been adapted to separate rare earths and critical minerals effectively. ReElement's patented platform is programmable and can handle multiple feedstocks and minerals, allowing for rapid deployment across various locations and resource types. This method contrasts with traditional solvent extraction methods as it uses fewer chemicals, requires less space and generates minimal waste. This not only makes the process faster to permit but also simpler to co-locate near feedstock or end-use customers. This is particularly crucial for the US, which aims to establish independence in critical mineral supply chains and reduce reliance on single-source processing. Additionally, American Resources has secured strategic funding from South African investment firm Novare Holdings through ReElement Technologies. This investment aims to catalyse the expansion of rare earth element refining operations in Marion, Indiana, US, with approximately $150m in combined equity and debt financing to enhance ReElement's refining capabilities at its 42-acre site. "ReElement Technologies achieves milestone in high-purity gallium and terbium production" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
Novare Holdings invests in ReElement to expand rare earth refining in Indiana
American Resources, through its subsidiary ReElement Technologies, has secured an anchor investment from South African investment firm Novare Holdings. This strategic funding is set to catalyse a significant expansion of rare earth element refining operations in Marion, Indiana, US. The investment from Novare will unlock approximately $150m in financing, combining equity and debt, to enhance ReElement's refining capabilities at its 42-acre site. This site, formerly the RCA-Thomson television factory, is being transformed into an advanced manufacturing hub. ReElement Technologies CEO and chairman Mark Jensen said: 'This is a historic moment. With Novare as our anchor investor, we are not just expanding capacity – we are reshaping the global critical minerals supply chain. 'Together, we are 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.' ReElement's patented chromatographic separation technology, developed in collaboration with Purdue University, enables the production of ultra-pure light and heavy rare earth oxides. The new capital injection will allow ReElement to boost its output of these high-purity elements, which are crucial for advanced technologies in commercial and defence sectors. Novare's investment not only supports US technological growth but also sets a precedent for international partnerships that enhance economic opportunities between Africa and the US. Furthermore, the partnership between ReElement and Novare extends to deploying the refining technology in Africa, where a significant investment from Novare will establish the continent's first multi-mineral refining facility. This initiative aims to shift from the traditional mining model to one that promotes local industrial development and secure supply chains for manufacturing-grade minerals. ReElement's refining platform, adapted from pharmaceutical purification technology by Purdue, offers a more efficient, scalable and environmentally friendly alternative to traditional solvent extraction methods. The platform's programmability allows for the handling of various feedstocks and minerals, facilitating rapid deployment and minimal environmental impact. Novare Holdings CEO Ola Leepile said: '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 US innovation at home and abroad – supporting jobs and growth in Indiana and bringing long-overdue value addition and industrial development to the African continent.' Furthermore, American Resources and ReElement Technologies have expanded their antimony refining contract to bolster the supply of ultra-pure antimony products for the US defence and commercial industries. The extended ten-year agreement, with automatic renewals, is expected to generate more than $29m in annual tolling revenues. "Novare Holdings invests in ReElement to expand rare earth refining in Indiana" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Associated Press
14-05-2025
- Business
- Associated Press
American Resources Corporation's Electrified Materials Receives RCRA Permit for Recycling Batteries and Rare Earth Magnets
Electrified Materials recycles lithium ion batteries and rare earth magnet material to create MREC and Battery Black Mass from end-of-life and non-spec products The permit enables Electrified Materials to monetize copper, aluminum and ferrous metals along with critical minerals and rare earth elements at its Noblesville, IN site FISHERS, IN / ACCESS Newswire / May 14, 2025 / American Resources Corporation's (NASDAQ: AREC ) ('American Resources') announced that its wholly-owned subsidiary, Electrified Materials Corp ('Electrified Materials' or 'EMCO'), has received its Resource Conservation and Recovery Act (RCRA) permit issued by the Environmental Protection Agency (EPA) and the Indiana Department of Environmental Management (IDEM). This permit enable EMCO to preprocess and recycle products containing end-of-life lithium-ion batteries and rare earth magnets to produce critical mineral concentrates that will be supplied to ReElement Technologies to be refined into magnet and battery-grade materials for the domestic defense and commercial supply chains. Mark Jensen, Chairman and CEO of American Resources Corporation commented, 'The full life cycle solution we've created provides a streamlined and collaborative platform to efficiently return critical minerals, rare earth elements, and defense metals back into the domestic supply chain. Securing this permit-along with the installation of our power and substation at our Noblesville, Indiana site-marks a key milestone in scaling our recycling and refining partnership with ReElement Technologies. Together, our ecosystem of incubated companies now delivers the first truly comprehensive circular lifecycle solution in the United States capable of processing and refining end-of-life and off-spec products into high-purity (99.5% to 99.999%) critical materials, rare earths, and defense metals. This permit, combined with the $900,000+ grant from the State of Indiana and our strategic alignment with ReElement, will accelerate our expansion and strengthen our domestic footprint.' Mark Jensen further added, 'Many early market entrants deployed underdeveloped processes that ultimately lacked scalability or efficiency. Today, our preprocessing (recycling) technologies have been significantly refined - making them safer, more efficient, and more versatile than ever. We're excited to demonstrate a solution that can be scaled and replicated in other states and countries currently under evaluation.' Electrified Materials (EMCO) is a next-generation recycler focused on supporting the electrified economy by processing used minerals and metals into new steel-based, battery-grade, and magnet-grade products. Operating across the U.S., EMCO traces its roots to reclaiming former thermal coal mines and industrial sites. By leveraging regional logistics and infrastructure, and through its strategic partnership with ReElement Technologies - a leader in critical mineral refining - EMCO is expanding into high-growth markets for used steel, rare earth elements, and key battery and defense materials. The company is also committed to remediating legacy mining infrastructure. EMCO will preprocess end-of-life materials such as wind turbines, EV motors, lithium-ion batteries, consumer electronics, and e-waste, delivering concentrated critical minerals to ReElement for final refinement into manufacturing-grade products ready to reenter the domestic supply chain. About American Resources Corporation American Resources Corporation (NASDAQ:AREC) is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The American Resources 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 American Resources on Facebook, Twitter, and LinkedIn. About Electrified Materials Corporation Electrified Materials Corporation ('EMCO') was formed by, and is a wholly-owned subsidiary of, American Resources Corp (Nasdaq: AREC). EMCO is a cutting-edge recycler of metals for the electrified economy. It controls the preprocessing of both end of life magnets, batteries and ferrous metals that enables EMCO to ensure a domestic supply chain for copper, aluminum, steel, plastic as well as rare earth and battery elements through its refining partnership with ReElement Technologies Corp. 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, LLC Jenene Thomas (908) 824 - 0775 [email protected] Company Contact: Mark LaVerghetta 317-855-9926 ext. 0 [email protected] SOURCE: American Resources Corporation press release
Yahoo
21-04-2025
- Business
- Yahoo
American Resources Corporation's ReElement Technologies Expands Rare Earth Oxide Production in Noblesville Facility
Jeff Peterson, COO of ReElement Technologies commented, "By investing in and leveraging our innovative refining technology, our Noblesville facility is able to rapidly scale to meet the unprecedented customer demand we are seeing from our growing customer base. Our team remains committed to driving innovation and continues to push the boundaries of engineering and operational excellence in our progress of refining critical minerals." This latest equipment expansion showcases the unique modular and scalable nature of ReElement's refining technology, enabling rapid and versatile growth in response to unprecedented demand for domestically produced, ultra-pure rare earth oxides. This entire Phase 2 growth process, from design to commissioning, was completed in under 3 weeks and is doubling the facility's production of finished rare earth oxides. A third phase of expansion is underway, with equipment delivery expected in 6 to 8 week, and projected to triple production levels when compared to Phase 2. This added refining capacity will significantly increase the facility's daily refining volumes of key rare earth elements, including neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb). FISHERS, IN / ACCESS Newswire / April 21, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), through its holding in ReElement Technologies Corporation ("ReElement" or the "Company"), a leading provider of high-performance refining capacity for rare earth, critical defense and battery elements, today announced the expansion of operating equipment to meet surging demand for domestically sourced rare earth oxides. ReElement is at the forefront and committed to unlocking and building a secure national supply chain of critical minerals through its scalable, highly efficient and versatile refinery platform - delivering both light and heavy magnet-grade rare earth oxides, battery materials, and other strategic defense minerals including antimony - faster and more efficiently than traditional methods. Story Continues Mark Jensen, CEO of ReElement Technologies added, "Our Noblesville facility, located in an urban setting, demonstrates not only the scalability of our technology but also our commitment to environmentally responsible production of both heavy and light rare earth oxides. While the site was not originally intended to be commercial, growing customer demand, especially following recent global trade shifts, has made it an essential part of our operations as we continue developing our larger Marion facility. We're proud to support our nation's access to these critical materials and applaud President Trump for prioritizing this effort through executive action. We're also incredibly thankful to our domestic equipment partners for delivering high-performance refining equipment that meet our exacting standards - often ahead of schedule. Our team remains committed to leading the domestic market with efficient, scalable solutions that promote American manufacturing, national security, and critical mineral independence. This latest expansion highlights the flexibility of our platform and our ability to efficiently respond to increasing demand for high-purity rare earth oxides." Recent Executive Actions by President Trump Supporting U.S. Mineral Independence: Executive Order on "Immediate Measures to Increase American Mineral Production" President Trump has signed an executive order aimed at significantly expanding domestic mineral production to secure America's supply chains and reduce dependence on foreign sources. View Executive Order here. Executive Order Investigating National Security Risks of Foreign Critical Mineral Dependence President Trump also issued an executive order initiating a national security investigation into the risks associated with U.S. reliance on imported refined critical minerals and their derivatives. View the Executive Order here. Learn more about ReElement Technologies' process and technology here - Video. 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. About American Resources Corporation American Resources Corporation (NASDAQ: AREC) 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. 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, LLC Jenene Thomas 908-824-0775 AREC@ Media Inquiries: Marjorie Weisskohl 703-587-1532 mweisskohl@ Company Contact: Mark LaVerghetta 317-855-9926 ext. 0 investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire
