American resources corporation supports the u.s. senate proposed bill: restoring essential energy and security holdings onshore for rare earths act of 2022

The bill would establish a strategic reserve of rare earth metal and rare earth metal products the strategic reserve would build a one-year supply of rare earth elements to meet the united states' domestic needs in the event of a supply disruption fishers, in / accesswire / january 26, 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 its support of the proposed restoring essential energy and security holdings onshore for rare earths (reeshore) act of 2022 introduced by senators tom cotton (r-arkansas) and mark kelly (d-arizona). mark jensen, ceo of american resources commented, "in the first half of 2022 we will be operating our noblesville, indiana rare earth processing facility that will be producing isolated critical and rare earth elements to a 99.5% or greater purity through the recycling of end-of-life permanent magnets and lithium-ion batteries.
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