American resources corporation's reelement technologies signs lithium offtake and partnership agreements with american lithium energy corporation

Reelement technologies will supply high-purity, battery-grade materials for use in american lithium energy's battery manufacturing process the companies will work to co-locate operations within the other's facilities for battery manufacturing and efficient recovery of high value elements to recirculate back into the manufacturing process. american resources corporation and affiliates intend to invest up to $3 million into ale to further align core competencies and growth objectives fishers, in / accesswire / may 31, 2023 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") subsidiary, reelement technologies llc ("reelement technologies"), a leading provider of high performance refining capacity of battery and rare earth elements, is pleased to announce that it has signed a partnership with american lithium energy corporation ("ale") to enhance the current supply chain for lithium-ion batteries to the energy storage industry by supplying battery-grade materials, investing in and co-locating advanced refining capacity with ale's battery manufacturing.
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