American resources corporation successfully completes first phase of commissioning rare earth and battery element isolation and purification facility in preparation of initial production
Company successfully completes water flow and pressurization of system and moves to preparing chromatography columns for initial production first production train will recycle end-of-life rare earth magnets to produce magnet-grade neodymium, praseodymium, and dysprosium at 99.5%+ purity second production train will recycle black mass from end-of-life lithium-ion batteries producing high-purity, battery-grade lithium, cobalt, manganese, nickel and graphite fishers, in / accesswire / june 7, 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 announced that its majority-owned american rare earth division has successfully completed the first phase of commissioning of its critical and rare earth element isolation and purification facility in noblesville, indiana enabling the company to progress to preparing its chromatography columns for initial production. mark jensen, ceo of american resources corporation commented, "this is an extremely exciting accomplishment for the team to be able to test and complete the water commissioning and pressure testing of our initial rare earth and battery material purification facility on schedule.
AREC Ratings Summary
AREC Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission