American Resources Corporation’s ReElement Technologies Corporation has demonstrated its technology in the separation and purification of rare earth ores to produced separated and purified rare earth elements at magnet grade. The demonstration process was conducted from an ore concentrate provided by a partner to showcase the Company’s ability to extract, separate and purify the high-value elements in the ore body that can supply the rare earth magnet supply chain. In April of 2024 ReElement announced it has expanded its exclusive use of the patents for ligand assisted displacement chromatography and knowhow for all feedstocks to now include rare earth ores. These exclusive patents and technologies, developed at Purdue University, have been utilized by ReElement at its Noblesville, Indiana Commercial Qualification Facility to produce ultra-pure rare earth oxides and critical battery elements to the growing magnet and energy storage industries. ReElement has successfully developed its critical mineral platform technology providing a high performance and scalable solution for separating, purifying and refining rare earth and critical elements in an efficient, low cost and environmentally safe process outside of China. ReElement is currently evaluating or in conversations with providers of rare earth ores from four different continents with the goal of either partnering with such parties or acquiring their rare earth concentrates to be refined domestically. Rare earth elements include the 15 elements in the lanthanide series plus scandium and yttrium.
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