American resources corporation's subsidiary, reelement technologies corporation, and jhut llc sign joint venture partnership to recycle and refine lithium-ion battery material in japan

The jv will utilize reelement techologies' proven commercial-scale lithium-ion battery recycling and refining technology to produce battery recycle and reuse lithium within japan to feed the japanese marketplace reelement and jhut will establish reelement technologies japan to operate its jv partnership enabling optimal sourcing and refining operations in japan watch chief executive officer, mark jensen, discuss the jv partnership with jhut llc on demand (link below) fishers, in / accesswire / november 15, 2023 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") reelement technologies corporation ("reelement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has entered into joint venture partnership with jhut llc to a establish reelement technology japan ("rtj"), an entity that will operate lithium-ion battery and battery material recycling hub in the oimachi, oi-gun, fukui prefecture of japan utilizing reelement's revolutionary and proven critical mineral recycling and refining technology. mark jensen, chief executive officer of reelement technologies commented, "over the course of the last year, we have had the opportunity to collaborate and strategize on a partnership with the jhut team, and we are excited that we have come to an agreement to move forward together.
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