American resources corporation's reelement technologies commences daily production of purified rare earths elements to solve domestic supply chain
Company is producing both light (nd, pr) and heavy rare earths (dy, tb) at 99.5%+ purity utilizing its proprietary technology at its noblesville, in customer qualification plant to produce purified products for customers' orders while equipment is being ordered for marion advanced technology center for additional growth of magnet recycling and rare earth ore processing company increases scale and efficiencies at its noblesville customer qualification plant through process automation fishers, in / accesswire / october 9, 2024 / american resources corporation (nasdaq:arec) ("american resources" or the "company") announced today that its wholly owned subsidiary, reelement technologies corporation ("reelement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, is expanding to produce rare earth oxides on a daily basis for existing customer orders in addition to its daily production of lithium carbonate at its noblesville customer qualification plant. this expansion at its noblesville plant is occurring as the company starts the build out phase of its large-scale marion, in advanced technology center.
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