American Resources’ ReElement produces greater than 99.5% pure terbium

American Resources (AREC) Corporation’s ReElement Technologies has separated and refined terbium from dysprosium, as well as the light rare earth elements neodymium and praseodymium, achieving a purity greater than 99.5% on all isolated elements. The Company has achieved each milestone utilizing its patented and commercially proven refining process. Mark Jensen, CEO of ReElement Technologies said, “The performance and versatility of our technology continues to demonstrate competitiveness in the global marketplace, producing ultra-pure critical minerals for high-demand markets, including the national defense supply chain, with a range of high-value elements. Our ability to produce separated, high-purity light and heavy rare earth oxides from both primary and recycled feedstocks is a core strength of our technology. This unique capability, combined with a growing number of customers, enables us to rapidly achieve profitability in our Marion Super Site. Most importantly, we can achieve ultra-high purity separated rare earth oxides at a price point that is highly competitive, if not lower, than the Chinese market. Through innovation, ReElement is one of the only platforms globally capable of economically refining these minerals and is well positioned to displace solvent-based refining methods which are challenging to deploy outside of China due to environmental, operational costs and capital risks.”