Reelement technologies corporation and the american samoa economic development authority launch deep sea nodule refining collaboration

Joint effort aims to create a sustainable, domestic supply chain for rare earth and critical minerals from deep sea nodules reelement is commercially producing magnet-, specialty- and defense-grade, separated critical minerals and rare earth oxides in the united states agreement comes within two weeks of mou signed with impossible metals on toll processing of deep sea nodules fishers, in / access newswire / july 30, 2025 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), 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 signing of a memorandum of understanding (mou) with the american samoa economic development authority ("aseda"), a leading force in community-based economic collaboration and development to create opportunities in the territory for new infrastructure, industrial, commercial and residential development. the mou outlines strategic goals of jointly investigating the development and deployment of a critical mineral refinery with a focus on deep sea nodules found in the american samoa region.
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