American Resources’ ReElement Technologies receives $25M US investment to expand rare earth refining capacity

American Resources Corp (NASDAQ:AREC) said its minority-owned subsidiary ReElement Technologies has been awarded a $25 cardinal concern from the US Department of War done its Economic Defense Unit and the Office of the Under Secretary of War for Acquisition and Sustainment to grow home uncommon world and captious mineral refining capacity.

The funding, provided done the Industrial Base Fund, volition enactment the enlargement of ReElement's Marion, Indiana, refining field by financing further refining equipment, accumulation enactment installation and moving capital.

The institution said the concern is intended to accelerate commercialized accumulation of high-purity uncommon world elements and different defense-critical minerals.

ReElement said the expanded installation volition process some superior and recycled feedstocks, including end-of-life imperishable magnets and different strategical materials, to nutrient uncommon world oxides and specialty captious minerals specified arsenic yttrium, gadolinium, germanium and gallium for applications including defense, aerospace, semiconductors and precocious communications.

"This concern reflects the increasing value of secure, home refining capableness to America's nationalist information and concern resilience," ReElement CEO Mark Jensen said successful a statement.

"We are excited to grow our concern with the Department of War arsenic we enactment unneurotic to fortify America's captious mineral proviso chain. This enactment accelerates our quality to present the high-purity uncommon world and captious mineral products needed to fortify our defence concern basal portion reinforcing America's semipermanent economical and nationalist security."

The institution said its refining level is designed to process aggregate superior and recycled feedstock sources alternatively than relying connected a azygous excavation oregon commodity. It uses proprietary chromatographic separation exertion to nutrient high-purity uncommon world elements and captious minerals for a scope of concern sectors.

American Resources said the national concern follows different backing received successful 2026 from Transition Equity Partners and Mitsubishi Materials Corporation.

ReElement said it has demonstrated accumulation of much than a twelve uncommon world and captious mineral products, including germanium, yttrium, gadolinium, dysprosium, terbium, samarium, neodymium, praseodymium, lithium and tungsten.

The institution said the Marion refining field is being developed utilizing a modular attack that volition let accumulation lines to beryllium commissioned based connected lawsuit demand, with the installation expected to enactment commercialized accumulation of aggregate uncommon world and captious mineral products arsenic portion of the U.S. home refining proviso chain.