American resources corporation's reelement technologies updates progress on marion super site for united states' largest combined rare earth and lithium refining facility
Phase 1 targets 5,000 metric tons of lithium carbonate (99.9%+) and 1,000 metric tons of rare earth oxides (99.5%+) with ability to efficiently and modularly scale production marion, in super site will refine both recycled materials as well as concentrated ores for ultra-pure rare earth and critical minerals fishers, in / accesswire / november 5, 2024 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") wholly owned subsidiary, reelement technologies corporation ("reelement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that it has installed power, water and natural gas access and has commenced ordering and delivering equipment to its marion, in advanced technology super site to bring domestic production of both ultra-pure and separated light and heavy rare earth elements as well as critical battery materials (lithium, cobalt and nickel) that are ira compliant. reelement's marion, indiana super site will be a first mover in reducing the chokehold that china has on the refining for critical and rare earth elements.
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