American Resources’ ReElement commences daily production of purified REEs

American Resources’s ReElement is expanding to produce rare earth oxides on a daily basis for existing customer orders in addition to its daily production of lithium carbonate at its Noblesville Customer Qualification Plant. This expansion at its Noblesville Plant is occurring as the Company starts the build out phase of its large-scale Marion, IN Advanced Technology Center. ReElement will produce both light and heavy rare earth oxides for customer deliveries, in its Noblesville Plant, while it expands its footprint and capabilities in Marion, IN. Furthermore, ReElement recently integrated process automation and autonomous chromatographic column operations allowing the Company to increase capacity by approximately 3-times without additional labor cost.ReElement is working with customers and partners to either process both light and heavy rare earths from all feedstocks at its Marion Advanced Technology Center. ReElement is also working with producers and miners to collocate at their site to cost effectively and efficiently separate and purify concentrated materials without having to incur logistics costs, carbon footprint exposure or high environmental impact, while reducing CapEx and OpEx for projects. 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 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.