American Resources, ReElement expand South African-based partnership

American Resources (AREC) along with its holding in ReElement Technologies announced the expansion of their partnership with a previously announced South African-based mineral supplier for the sourcing and refining / tolling of antimony-bearing ore to produce high-purity antimony sulfide or antimony oxide for applications in the battery industry, fire retardants, munitions and other high value commercial and defense sectors. Mark Jensen, CEO, commented, “Our approach of catalyzing and synthesizing a robust domestic supply chain through innovative, midstream refining solutions continue yield tremendous results, enabling us to effectively source critical, rare earth and other defense elements that are urgently needed in the United States and allied nations. Today, we are excited to announce our expanded partnership with an exclusive source of antimony-bearing ore feedstock. We have received and assayed the material, confirming it to be of exceptional high grade. Based on our ongoing development work, we anticipate a very cost-effective refining process to produce ultra-pure commercial products. Given our current operational focus and daily production of both light and heavy rare earth elements, along with other critical minerals in ultra-pure commercial forms, we had not initially prioritized antimony production. However, China’s recent ban on exports of antimony, germanium and gallium accelerated this opportunity, allowing us to showcase the versatile, scalability and flexibility of our technology on a global scale – filling the supply gap now present in the United States and other allied nations.”