American Resources Corporation's ReElement Technologies and LVC Global Holdings Launch "ReElement Middle East" to Advance Critical Minerals Processing in the Region
American Resources (NASDAQ:AREC) has announced a strategic partnership through its holding company, ReElement Technologies , with LVC Global Holdings to form ReElement Middle East. This joint venture aims to establish critical minerals processing capabilities in the Middle East, aligning with Saudi Arabia's Vision 2030.
The venture addresses the critical need for localized processing of rare earth elements, lithium, germanium, gallium, nickel, and cobalt, essential for renewable energy, EVs, semiconductors, and defense applications. According to IEA data, global demand for these minerals is projected to quadruple by 2040, while over 75% of current processing capacity is concentrated in China.
The partnership builds on an existing strategic alliance between ReElement Technologies and LVC Global Holdings, leveraging ReElement's refining technologies and LVC Global's regional expertise to create sustainable processing solutions in the Middle East region.
American Resources (NASDAQ:AREC) ha annunciato una partnership strategica tramite la sua holding, ReElement Technologies, con LVC Global Holdings per formare ReElement Middle East. Questa joint venture mira a stabilire capacità di lavorazione di minerali critici in Medio Oriente, in linea con la Vision 2030 dell'Arabia Saudita.
Il progetto affronta l'importante necessità di una lavorazione localizzata di elementi delle terre rare, litio, germanio, gallio, nichel e cobalto, essenziali per l'energia rinnovabile, i veicoli elettrici, i semiconduttori e le applicazioni di difesa. Secondo i dati dell'IEA, si prevede che la domanda globale di questi minerali quadruplichi entro il 2040, mentre oltre il 75% della capacità di lavorazione attuale è concentrata in Cina.
La partnership si basa su un'alleanza strategica esistente tra ReElement Technologies e LVC Global Holdings, sfruttando le tecnologie di raffinazione di ReElement e l'esperienza regionale di LVC Global per creare soluzioni di lavorazione sostenibili nella regione del Medio Oriente.
American Resources (NASDAQ:AREC) ha anunciado una asociación estratégica a través de su empresa matriz, ReElement Technologies, con LVC Global Holdings para formar ReElement Middle East. Esta empresa conjunta tiene como objetivo establecer capacidades de procesamiento de minerales críticos en Medio Oriente, alineándose con la Visión 2030 de Arabia Saudita.
La empresa aborda la necesidad crítica de procesamiento localizado de elementos de tierras raras, litio, germanio, galio, níquel y cobalto, esenciales para la energía renovable, vehículos eléctricos, semiconductores y aplicaciones de defensa. Según datos de la IEA, se proyecta que la demanda global de estos minerales se cuadruplicará para 2040, mientras que más del 75% de la capacidad de procesamiento actual está concentrada en China.
La asociación se basa en una alianza estratégica existente entre ReElement Technologies y LVC Global Holdings, aprovechando las tecnologías de refinación de ReElement y la experiencia regional de LVC Global para crear soluciones de procesamiento sostenibles en la región de Medio Oriente.
American Resources (NASDAQ:AREC)는 모회사인 ReElement Technologies를 통해 LVC Global Holdings와 전략적 파트너십을 발표하고 ReElement Middle East를 설립했습니다. 이 합작 투자 목표는 중동에서 중요한 광물 가공 능력을 구축하는 것으로, 사우디아라비아의 비전 2030에 부합합니다.
이 사업은 희귀 광물, 리튬, 게르마늄, 갈륨, 니켈 및 코발트의 지역 가공 필요성을 해결합니다. 이는 재생 에너지, 전기차, 반도체 및 방위 응용 분야에 필수적입니다. IEA 데이터에 따르면 2040년까지 이러한 광물에 대한 글로벌 수요가 네 배로 증가할 것으로 예상되며, 현재 가공 능력의 75% 이상이 중국에 집중되어 있습니다.
이 파트너십은 ReElement Technologies와 LVC Global Holdings 간의 기존 전략적 동맹을 기반으로 하며, ReElement의 정제 기술과 LVC Global의 지역 전문성을 활용하여 중동 지역에서 지속 가능한 가공 솔루션을 생성합니다.
American Resources (NASDAQ:AREC) a annoncé un partenariat stratégique par l'intermédiaire de sa société mère, ReElement Technologies, avec LVC Global Holdings pour former ReElement Middle East. Cette coentreprise vise à établir des capacités de traitement de minéraux critiques au Moyen-Orient, en accord avec la Vision 2030 de l'Arabie Saoudite.
Cette initiative répond au besoin critique d'un traitement localisé des terres rares, du lithium, du germanium, du gallium, du nickel et du cobalt, essentiels pour les énergies renouvelables, les véhicules électriques, les semi-conducteurs et les applications de défense. Selon les données de l'IEA, la demande mondiale pour ces minéraux devrait quadrupler d'ici 2040, alors que plus de 75 % de la capacité de traitement actuelle est concentrée en Chine.
Le partenariat s'appuie sur une alliance stratégique existante entre ReElement Technologies et LVC Global Holdings, tirant parti des technologies de raffinage de ReElement et de l'expertise régionale de LVC Global pour créer des solutions de traitement durables dans la région du Moyen-Orient.
American Resources (NASDAQ:AREC) hat eine strategische Partnerschaft durch die Muttergesellschaft ReElement Technologies mit LVC Global Holdings angekündigt, um ReElement Middle East zu gründen. Dieses Joint Venture hat das Ziel, in der Golfregion wichtige Mineralverarbeitungskapazitäten zu etablieren, die mit der Vision 2030 Saudi-Arabiens übereinstimmen.
Das Unternehmen adressiert den dringenden Bedarf an lokaler Verarbeitung seltener Erden, Lithium, Germanium, Gallium, Nickel und Kobalt, die für erneuerbare Energien, Elektrofahrzeuge, Halbleiter und Verteidigungsanwendungen erforderlich sind. Laut Daten der IEA wird erwartet, dass die globale Nachfrage nach diesen Mineralien bis 2040 um das Vierfache ansteigt, während über 75 % der aktuellen Verarbeitungs Kapazitäten in China konzentriert sind.
Die Partnerschaft baut auf einer bestehenden strategischen Allianz zwischen ReElement Technologies und LVC Global Holdings auf und nutzt die Raffinationstechnologien von ReElement sowie die regionale Expertise von LVC Global, um nachhaltige Verarbeitungslösungen in der Golfregion zu schaffen.
- Strategic expansion into Middle East market addressing critical minerals processing gap
- Alignment with Saudi Arabia's Vision 2030 national strategy
- Partnership targets high-growth market with projected 4x demand increase by 2040
- Leverages existing successful collaboration with LVC Global Holdings
- None.
Insights
The formation of ReElement Middle East represents a strategically significant development in the critical minerals processing sector. This joint venture addresses three key market gaps: reducing dependence on Chinese processing (currently at
The partnership leverages ReElement's proven refining technologies and LVC Global's regional expertise, creating a compelling competitive advantage in a market desperate for processing alternatives. This venture could capture significant market share in the Middle East region while providing a strategic processing alternative for Western nations seeking to reduce Chinese supply chain dependence.
The timing of this venture is particularly astute given the current global commodities landscape. The focus on critical minerals like rare earth elements, lithium, germanium, gallium, nickel and cobalt positions ReElement Middle East to capitalize on multiple high-growth sectors simultaneously - from EVs to semiconductors and defense applications. For AREC, with its current market cap of
The strategic positioning in Saudi Arabia provides unique advantages: access to capital, established infrastructure and proximity to both Asian and European markets. This could significantly reduce logistics costs and processing times compared to current supply chain routes. The alignment with Saudi Vision 2030 also suggests potential government support and incentives, which could accelerate growth and profitability.
This joint venture addresses critical vulnerabilities in the global supply chain for strategic materials. By establishing processing capabilities in the Middle East, it creates a vital alternative to Chinese dominance in critical mineral processing. The security implications are substantial - particularly for defense and high-tech industries that require reliable access to these materials.
The partnership's focus on sustainable processing solutions also aligns with increasing global emphasis on ESG standards. This positions ReElement Middle East to potentially become a preferred supplier for Western companies seeking more environmentally conscious and geopolitically stable supply chain partners. The venture's ability to process multiple feedstock sources - from recycled materials to concentrated ores - provides operational flexibility and risk mitigation.
FISHERS, IN and RIYADH, SAUDI ARABIA / ACCESSWIRE / January 13, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), through its holding company, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, has partnered with LVC Global Holdings, a premier asset acquisition and advisory firm, to announce the formation of ReElement Middle East.
The joint venture aims to revolutionize the processing of critical minerals and strategic metals in the Middle East and is strategically aligned with Saudi Arabia's Vision 2030, which seeks to establish the country as a global hub for critical mineral resources while advancing regional economic diversification.
ReElement Middle East will address the urgent need for localized and sustainable processing capabilities in a region that is critical to the global supply chain. The platform will leverage cutting-edge refining technologies and advanced capabilities to reduce reliance on foreign processing, enabling Saudi Arabia and its allies to strengthen supply chain security while meeting growing industrial and defense demands.
Critical Minerals: A Cornerstone of National Security
Critical minerals such as rare earth elements, lithium, germanium, gallium, nickel and cobalt are essential to technologies underpinning modern economies, including renewable energy systems, electric vehicles, semiconductors and advanced defense applications. According to a recent report by the International Energy Agency (IEA), the global demand for critical minerals is expected to quadruple by 2040. However, over
Empowering Saudi Arabia's Vision 2030
Aligned with Saudi Arabia's Vision 2030, this joint venture supports the Kingdom's goal of becoming a net supplier of critical minerals to strategic partners, including the United States. The collaboration not only enhances Saudi Arabia's role as a global leader in the critical minerals space but also contributes to the region's economic diversification efforts and energy transition strategies.
C. Derek Campbell, Executive Chairman of LVC Global Holdings emphasized the strategic importance of the venture, "ReElement Middle East represents a monumental step in securing the supply of critical minerals while addressing the pressing need for sustainable processing solutions. By aligning with Saudi Arabia's Vision 2030, we are not only fostering regional economic growth but also bolstering global security by creating a robust and resilient supply chain for our allies and partners."
Mark Jensen, Chairman and CEO of ReElement Technologies, emphasized the joint venture's innovative approach: "Our partnership with LVC Global Holdings reinforces ReElement Technologies' mission to advance sustainable solutions for processing and refining critical minerals to battery, magnet and semiconductor grade. With ReElement Middle East, we bring our proven refining technologies to a region poised for transformation, ensuring a reliable and environmentally conscious supply chain for generations to come."
A Proven Strategic Alliance
ReElement Middle East builds on the success of the strategic alliance between ReElement Technologies and LVC Global Holdings, announced earlier this year. The two companies have already demonstrated a shared commitment to innovation and sustainability through collaborative projects in Africa. This new joint venture expands their impact, leveraging ReElement's cutting-edge refining technologies and LVC Global's deep regional expertise. The platform promises to deliver long-term value through sustainable and scalable solutions, uniquely positioned at the intersection of technology, resource security, and economic development.
About American Resources Corporation
American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore , essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals.
Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing.
American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.
About ReElement Technologies Corporation
ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Learn more about ReElement Technologies' process and technology here - Video.
About LVC Global Holdings
LVC Global Holdings is an asset acquisition and advisory firm specializing in security, defense, and strategic investments across Emerging and Frontier markets. Through its visionary leadership and expertise, LVC Global facilitates transformative partnerships that drive regional growth and global competitiveness in the energy, natural resources, and defense sectors. For more information visit www.lvc-global.com.
Special Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Investor Contact:
JTC Team, LLC
Jenene Thomas
(908) 824 - 0775
arec@jtcir.com
Media Inquiries:
Marjorie Weisskohl
703-587-1532
mweisskohl@allseasonspr.com
Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
investor@americanresourcescorp.com
LVC Global Holdings:
Samuel Amsterdam
+1 202 910-8349
Sam@AmsterdamGroup.net
SOURCE: American Resources Corporation
View the original press release on accesswire.com
FAQ
What is the purpose of ReElement Middle East joint venture announced by AREC?
How does AREC's ReElement Middle East address the global critical minerals market?
What is the projected market growth for critical minerals targeted by AREC's new venture?
How does AREC's ReElement Middle East align with Saudi Arabia's Vision 2030?
