American Resources, Uzbekistan's TMK sign partnership to boost tungsten supply chain
American Resources Corp (NASDAQ:AREC) said on Monday it has signed a strategic partnership with Uzbekistan's TMK LLC to develop a critical minerals value chain between the two countries, starting with sourcing and refining tungsten. The agreement, signed in Washington DC, establishes a framework for joint development of sustainable and high-value production of tungsten and other strategic minerals essential to national security and advanced manufacturing, the company said.
American Resources CEO shares insights into landmark financing with US Department of Defense – ICYMI
American Resources Corp (NASDAQ:AREC) CEO Mark Jensen spoke with Proactive about a landmark $1.4 billion financing commitment involving its subsidiary ReElement Technologies and the US Department of Defense. Mark Jensen explained that this financing—secured through a partnership with Vulcan and the U.S. Office of Strategic Capital—will support domestic magnet manufacturing and expand rare earth element processing capacity.
American Resources' ReElement Technologies partners with US Department of War and Vulcan Elements to advance domestic rare earth magnet supply chain
American Resources Corp (NASDAQ:AREC)'s ReElement Technologies subsidiary announced a $1.4 billion joint partnership with the US Department of War's Office of Strategic Capital (OSC). The company said the funding, which includes two separate loans matched by private capital, supports the expansion of ReElement's partnership with Vulcan Elements and will directly support the production of advanced rare earth element separation, metallization, and magnet manufacturing capabilities in the US.
American Resources get $33M funding boost for rare earths – ICYMI
American Resources Corp (NASDAQ:AREC) CFO Kirk Taylor talked with Proactive about a recently secured $33 million financing that will support the company's expansion in the critical minerals and rare earth space. Taylor explained that two long-term fundamental investors approached the company after closely following its progress, recognising the time was right to get involved.
American Resources' ReElement Technologies named finalist for NSF Regional Innovation Engines Award
American Resources Corp (NASDAQ:AREC) announced that its portfolio company ReElement Technologies Corporation has advanced as a finalist in the National Science Foundation (NSF) Regional Innovation Engines competition. The Critical Materials Crossroads consortium, led by the University of Missouri-Kansas City (UMKC) and including ReElement Technologies, is competing for the award, which carries potential funding of up to $160 million over 10 years.
American Resources CEO outlines strategic step to help boost US rare earth supply chain – ICYMI
American Resources Corp (NASDAQ:AREC) CEO Mark Jensen spoke with Proactive about the company's ongoing expansion within the US defense industrial base, following ReElement Technologies' acceptance into the Consortium for Rare Earth Technologies (CREaTe). Jensen explained that American Resources is already part of the broader defense industrial base consortium and that joining CREaTe is a strategic step to accelerate collaboration and integration of technologies in rare earth processing.
American Resources unit expands rare earth refining in Indiana
American Resources Corp (NASDAQ:AREC) is stepping up its bet on rare earth elements, announcing Friday that its ReElement Technologies unit has expanded a refining plant in Indiana by 141%. The Noblesville facility will now be able to process more than 200 metric tons a year of ultra-pure rare earths and other critical minerals at purities ranging from 99.9% to 99.999%.
American Resources' ReElement Technologies secures $20M equipment leasing facility to expand mineral production
American Resources Corp (NASDAQ:AREC), through its holding in ReElement Technologies, has secured a $20 million equipment leasing facility from Maxus Capital Group. The financing will support the purchase of large-scale equipment to expand rare earth, battery material, and critical defense element production at ReElement's facilities in Marion and Noblesville, Indiana.
American Resources unit ReElement Technologies produces high-purity germanium from multiple feedstocks
American Resources Corp (NASDAQ:AREC), through its holding in ReElement Technologies, announced it has developed commercial protocols to produce germanium with purities exceeding 99.9% from both recycled and ore-based feedstocks. The company's process is designed to supply commercial and defense markets requiring germanium products with purities ranging from 99.9% to 99.999%.
American Resources, ReElement applaud US-Cook Islands seabed mineral partnership
American Resources Corp (NASDAQ:AREC) and its subsidiary ReElement Technologies has welcomed a newly announced cooperation agreement between the US and the Cook Islands to advance scientific research and the responsible development of seabed mineral resources. The bilateral initiative aims to promote sustainable economic development and strengthen U.S.-linked commercial activity in the Pacific region.
American Resources expands global reach with ReElement deal in American Samoa - ICYMI
American Resources Corp (NASDAQ:AREC) CEO Mark Jensen talked with Proactive about the company's latest strategic step forward through its subsidiary, ReElement Technologies. He outlined a new agreement stemming from its existing partnership with Impossible Metals, with plans now underway to deploy refining technology in American Samoa.
American Resources seizes the moment as US doubles down on rare earth independence
The global race for critical minerals is accelerating amid rising geopolitical tension between the US and China. At the heart of this contest is access to rare earth elements—essential to everything from electric vehicles and fighter jets to data centers and missile guidance systems.
