American resources corporation provides update on economic viability of rare earth element production from carbon mine waste
Reelement technologies has demonstrated technical and economic viability of producing rare earth elements from controlled carbon waste streams reelement's proprietary refining process, combined with an abundance of controlled feedstock, provides a breakthrough in producing rare-earth elements from mine waste with planned local processing capabilities at its kentucky lithium facility fishers, in / accesswire / december 12, 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 solutions for rare earth and critical battery elements, has successfully demonstrated the techno-economic viability of producing rare earth elements from the company's controlled carbon mine waste streams. updated analyses of the carbon waste-based deposits at its wyoming county coal project, located in southwest west virginia, consistently show mixed rare earth oxide (mreo) concentrations at or above 500 ppm.
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