American Resources advances feedstock sourcing for ReElement

American Resources (AREC) announced its strategic focus on sourcing and investing in key commodities to be refined by ReElement Technologies, supporting both defense and commercial markets. Leveraging immediate opportunities, American Resources will concentrate already mined coal waste feedstock containing heavy and light rare earth elements as well as alumina and silicon dioxide. These materials will be aggregated, processed and supplied to ReElement Technologies for final-stage refinement into ultra-pure, commercial-grade products. Additionally, the distributions of the shares of ReElement Technologies Corporation and American Infrastructure Corporation to shareholders of record as of December 31st, 2024, is currently underway through the Company’s transfer agent. American Infrastructure common shares will be exchanged for Series A Preferred Stock in CGrowth Capital, which is expecting to rebrand as American Infrastructure Holding Corporation. ReElement is currently the only producer in the United States producing heavy and light rare earth oxides at magnet-grade. ReElement has either signed contracts, term sheets or MOU’s with an estimated 70% of the downstream market that is planning operations in the United States. ReElement’s technology is the only refining technology that can deploy locally in a scalable manner throughout the United States and the world for various feedstock refining. American Resources has access to over 30,000 acres of controlled land and internal estimates of over 128 million tons of previously extracted waste material in Kentucky, West Virginia and Indiana and is contemplating additional growth in other areas as concentration sites. American Resources is working on commodity sourcing through its partnerships worldwide for other natural-occurring elements that can be refined by ReElement such as antimony, germanium, molybdenum, battery minerals and other rare earth concentrates. American Resources remains an approximately 19% shareholder in ReElement and approximately 9% shareholder in American Infrastructure Corporation.