American resources corporation selected as a consortium member in u.s. department of energy contract to assess northern appalachian critical and rare earth elements

Consortium, led by penn state, selected for department of energy award valued at approximately $1.2 million company expands its partnership with penn state as a member of core-cm consortium fishers, in / accesswire / may 5, 2021 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that the department of energy's national energy technical laboratory ("netl") has selected a consortium to assess northern appalachia resource yield ("canary"), led by penn state , which includes american resources, for an award targeting rare earth element ("ree") and critical mineral recoveries from waste streams. the grant, carbon ore, rare earth and critical minerals (core-cm) initiatives for u.s. basins, will assess and catalog northern appalachian sources of rees and critical mineral, assess and develop strategies used to recover rees and critical minerals, assess the infrastructure, industries and businesses to determine supply chain gaps, and formulate plans to establish technology innovation centers.
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