American resources corporation's reelement technologies partners with domestic auto manufacturer to establish circular economy for rare earth magnets

Reelement technologies has signed agreements to recycle ev motor components from leading domestic auto manufacturer reelement will recycle rare earth elements within ev motors back to ultra-pure rare earth oxides for new magnet production fishers, in / accesswire / march 26, 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, is proud to announce a commercial partnership with a major u.s. auto manufacturer establishing a highly-efficient and world-leading circular economy for rare earth magnets in the united states. this commercial partnership follows an initial trial program whereby reelement has showcased its low cost and environmentally friendly process to fully recycle and refine the high value rare-earth elements within ev motors back to ultra-pure magnet-grade rare-earth oxides (reo).
AREC Ratings Summary
AREC Quant Ranking