American resources corporation applauds the inflation reduction act's support for domestic critical mineral production
The inflation reduction act (ira) marks a new era in climate policy with $369 billion in incentives to navigate the energy transition ira provisions aim to bolster domestic critical mineral production and is highly aligned with the company's reelement technologies' accomplishments fishers, in / accesswire / august 18, 2022 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today applauds the inflation reduction act's support for a more resilient, domestic supply chain for critical minerals and highlights how the bill is highly aligned with its industry-leading accomplishments. mark jensen, ceo of american resources commented, "we believe it is highly important for the united states to develop a resilient and sustainable supply chain of critical and rare earth elements to significantly reduce the dependency on foreign nations.
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