American Resources Subsidiary ReElement Technologies Making Moves to Bring Greater Rare Earth Supply Chain back to the USA

Hightlights

• ReElement Technologies expands rare earth oxide production in Indiana.
• Proprietary technology enables efficient, high-purity element separation.
• Aim to bolster the domestic rare earth supply chain.

American Resources’s (opens in a new tab) subsidiary, ReElement Technologies, (opens in a new tab) expands production to include daily rare earth oxide refining at its Noblesville, Indiana Customer Qualification Plant. The company is now producing both light (Nd, Pr) and heavy rare earths (Dy, Tb) at 99.5%+ purity, along with existing lithium carbonate production. This expansion comes as ReElement commences its major Marian Advanced Technology Center in Indiana.

What does ReElement Technologies specialize in? They are known for its integrated process automation and autonomous chromatographic column operations, bolstering capacity to three times less any more labor inputs, and costs.

Known for its proprietary Ligand Assisted Displacement (LAD) chromatography technology for efficient, cost-effective, and environmentally safe separation and purification of rare earth elements. This underlying technology is used to separate and purify mixtures of elements, particularly rare earth elements (REEs), by utilizing a specially designed ligand (a molecule that binds to specific ions) to selectively displace and separate components within a chromatographic column, offering a more efficient and environmentally friendly alternative to traditional solvent-based extraction methods; it is often highlighted for its scalability and ability to produce high purity REEs from complex mixtures with minimal waste generation.

At the helm of ReElement is Mark Jensen, CEO, who declared recently that his company is poised for innovation, given their unique position for not only making battery-grade lithium carbonate and magnet-grade rare earth oxides in the same facility, but also doing so in a highly efficient manner.

As reported in Stock Titan (opens in a new tab), the Indiana venture works with various ore and recycled material providers supplying Marion facility, while on a mission to usher in a domestic critical mineral supply chain.

Also the company issued a press release (opens in a new tab) announcing its mission to increase the scale and efficiencies at its Noblesville Customer Qualification Plant through process automation. All part of a substantial movement away from China and back to North America and Europe.

American Resources Corporation supplies raw materials to the infrastructure market. The Company focuses on extraction, processing, transportation, and selling of metallurgical carbon used in steel making. American Resources serves customers worldwide.

Publicly traded, the company last traded October 9, 2024, at 1.0800 and a market capitalization of $72.8 million. To date a money loser, on $5.97 million expected sales they are in the red losing about $19 million this year.

Top investor holders include Vanguard Group (16.32%), Blackrock, Inc. (4.77%), Janney Montgomery Scott LLC (3.94%), Geode Capital Management LLC (3.43%) and State Street Corporation (1.13%).