American resources corporation's reelement technologies joins forces with edp renewables to pioneer sustainable rare earth magnet recycling

Parties will collaborate to recycle rare-earth permanent magnets from decommissioned wind turbines through the close the loop program partnership synthesizes industry leaders to set a new standard for critical mineral sustainability for energy transition fishers, in / accesswire / march 12, 2024 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") wholly owned subsidiary, reelement technologies corporation, ("reelement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today a partnership with edp renewables north america ("edpr na"), a north american leader in the renewable energy sector, to advance sustainable practices in the wind energy sector through the edpr na's newly launched close the loop program. the focus of this collaboration is efficient and sustainable recycling of neodymium-based permanent magnets from decommissioned wind turbines into magnet-grade rare earth elements, contributing to the development of a truly circular supply chain for renewable energy equipment and inputs.
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