American resources corporation's electrified materials awarded recycling grant from state of indiana
$911,519 grant awarded for cutting-edge equipment for the recycling of rare earth magnets and battery materials indiana's recycling market development program awards grants to innovative projects in the recycling sector electrified materials corporation will expand its preprocessing of end-of-life rare earth magnets, lithium-ion batteries and ferrous metals, ensuring a sustainable domestic supply chain for copper, aluminum, steel, plastic and critical minerals fishers, in / access newswire / march 10, 2025 / american resources corporation's (nasdaq:arec) ("american resources") announced that its wholly-owned subsidiary, electrified materials corp ("electrified materials" or "emco"), has been awarded a $911,519 matching grant under the indiana department of environmental management's waste diversion project. this initiative aims benefit indiana's economy by expanding recycling infrastructure for recycling, creating jobs, and addressing supply chain challenges.
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