ReElement Technologies Expands Rare Earth Production at its Noblesville, IN Facility While Advancing Large-Scale Marion Expansion
ReElement Technologies, approximately 19.9% owned by American Resources (NASDAQ:AREC), is expanding its rare earth oxide production at its Noblesville facility while developing its Marion supersite. The company produces 99.5%+ magnet-grade rare earth oxides and is the only U.S. producer capable of economically separating heavy rare earth elements.
Key developments include: completion of Phase 1a contracted orders for the Marion facility, successful production of 99.7% pure antimony(III) sulfide, and receipt of initial germanium-bearing feedstock samples. The company is leveraging financing from convertible notes and equipment credit lines to expand operations.
ReElement's proprietary technology enables modular scaling of refining capacity, offering advantages over traditional solvent extraction methods. The company has relocated material pre-processing from Noblesville to Marion to increase rare earth oxide output and is evaluating expansion beyond the initial 1,000 metric tons of planned capacity.
ReElement Technologies, di cui circa il 19,9% è di proprietà di American Resources (NASDAQ:AREC), sta espandendo la produzione di ossidi di terre rare presso il suo stabilimento di Noblesville, mentre sviluppa il suo supersito a Marion. L'azienda produce ossidi di terre rare di grado magnetico con purezza superiore al 99,5% ed è l'unico produttore negli Stati Uniti in grado di separare economicamente gli elementi delle terre rare pesanti.
Tra i principali sviluppi vi sono: il completamento degli ordini contrattuali della Fase 1a per lo stabilimento di Marion, la produzione riuscita di solfuro di antimonio(III) puro al 99,7% e la ricezione di campioni iniziali di materie prime contenenti germanio. L'azienda sta sfruttando finanziamenti provenienti da note convertibili e linee di credito per attrezzature per espandere le operazioni.
La tecnologia proprietaria di ReElement consente una scalabilità modulare della capacità di raffinazione, offrendo vantaggi rispetto ai metodi tradizionali di estrazione con solventi. L'azienda ha trasferito la pre-elaborazione dei materiali da Noblesville a Marion per aumentare la produzione di ossidi di terre rare ed è in fase di valutazione di un'espansione oltre la capacità iniziale pianificata di 1.000 tonnellate metriche.
ReElement Technologies, de la cual aproximadamente el 19,9% es propiedad de American Resources (NASDAQ:AREC), está expandiendo su producción de óxidos de tierras raras en su instalación de Noblesville mientras desarrolla su supersitio en Marion. La empresa produce óxidos de tierras raras de grado magnético con una pureza superior al 99,5% y es el único productor en EE. UU. capaz de separar económicamente los elementos pesados de tierras raras.
Los desarrollos clave incluyen: la finalización de los pedidos contratados de la Fase 1a para la instalación de Marion, la producción exitosa de sulfuro de antimonio(III) puro al 99,7% y la recepción de muestras iniciales de materia prima que contiene germanio. La empresa está aprovechando financiamiento de notas convertibles y líneas de crédito para equipos para expandir sus operaciones.
La tecnología propietaria de ReElement permite la escalabilidad modular de la capacidad de refinación, ofreciendo ventajas sobre los métodos tradicionales de extracción con solventes. La empresa ha trasladado el preprocesamiento de materiales de Noblesville a Marion para aumentar la producción de óxidos de tierras raras y está evaluando una expansión más allá de la capacidad inicial planificada de 1,000 toneladas métricas.
ReElement Technologies는 약 19.9%가 American Resources (NASDAQ:AREC)의 소유로, Noblesville 시설에서 희토류 산화물 생산을 확장하고 Marion의 슈퍼사이트를 개발하고 있습니다. 이 회사는 99.5% 이상의 자석 등급 희토류 산화물을 생산하며, 미국에서 경제적으로 중희토류 원소를 분리할 수 있는 유일한 생산업체입니다.
주요 개발 사항으로는 Marion 시설의 1단계 계약 주문 완료, 99.7% 순수한 삼산화안티몬(III) 생산 성공, 초기 독일산 원료 샘플 수령 등이 있습니다. 이 회사는 운영 확장을 위해 전환사채와 장비 신용 한도를 활용하고 있습니다.
ReElement의 독점 기술은 정제 용량의 모듈화된 확장을 가능하게 하여 전통적인 용매 추출 방법에 비해 장점을 제공합니다. 이 회사는 Noblesville에서 Marion으로 소재 전처리를 이전하여 희토류 산화물 출력을 증가시키고 있으며, 계획된 초기 1,000 미터 톤의 용량을 넘어 확장을 평가하고 있습니다.
ReElement Technologies, dont environ 19,9 % est détenu par American Resources (NASDAQ:AREC), est en train d'élargir sa production d'oxydes de terres rares dans son installation de Noblesville tout en développant son supersite à Marion. L'entreprise produit des oxydes de terres rares de qualité magnétique avec une pureté supérieure à 99,5 % et est le seul producteur américain capable de séparer économiquement les éléments lourds des terres rares.
Les développements clés incluent : l'achèvement des commandes contractuelles de la phase 1a pour l'installation de Marion, la production réussie de sulfure d'antimoine(III) pur à 99,7 %, et la réception d'échantillons initiaux de matières premières contenant du germanium. L'entreprise tire parti du financement provenant d'obligations convertibles et de lignes de crédit pour équipements afin d'élargir ses opérations.
La technologie propriétaire de ReElement permet une mise à l'échelle modulaire de la capacité de raffinage, offrant des avantages par rapport aux méthodes traditionnelles d'extraction par solvant. L'entreprise a transféré le prétraitement des matériaux de Noblesville à Marion pour augmenter la production d'oxydes de terres rares et évalue une expansion au-delà de la capacité initiale prévue de 1 000 tonnes métriques.
ReElement Technologies, von dem etwa 19,9% im Besitz von American Resources (NASDAQ:AREC) sind, erweitert die Produktion von Seltenen Erden-Oxiden in seiner Einrichtung in Noblesville und entwickelt gleichzeitig seinen Supersite in Marion. Das Unternehmen produziert Seltene Erden-Oxide in Magnetqualität mit einer Reinheit von über 99,5 % und ist der einzige US-Produzent, der in der Lage ist, schwere Seltene Erden wirtschaftlich zu trennen.
Zu den wichtigsten Entwicklungen gehören: der Abschluss von Phase 1a der vertraglichen Bestellungen für die Einrichtung in Marion, die erfolgreiche Produktion von 99,7 % reinem Antimon(III)-sulfid und der Erhalt erster Proben von germaniumhaltigem Rohmaterial. Das Unternehmen nutzt Finanzierung durch wandelbare Anleihen und Kreditlinien für Ausrüstungen, um die Operationen zu erweitern.
Die proprietäre Technologie von ReElement ermöglicht eine modulare Skalierung der Raffineriekapazität und bietet Vorteile gegenüber traditionellen Lösungsmittel-Extraktionsmethoden. Das Unternehmen hat die Materialvorverarbeitung von Noblesville nach Marion verlagert, um die Produktion von Seltenen Erden-Oxiden zu steigern, und prüft eine Expansion über die ursprünglich geplanten 1.000 metrischen Tonnen hinaus.
- Successfully producing 99.5%+ magnet-grade rare earth oxides
- Phase 1a contracted orders for Marion facility completed
- Achieved 99.7% pure antimony(III) sulfide production
- Expanding production capacity through modular technology
- Secured financing through convertible notes and equipment credit lines
- None.
Insights
ReElement's expansion represents a significant technological breakthrough in U.S. critical minerals processing, addressing a important gap in domestic supply chains. The company's proprietary chromatography-based refining technology offers three distinct competitive advantages: modular scalability, multi-feedstock flexibility, and environmental sustainability.
The completion of Phase 1a contracts for the Marion facility demonstrates strong market validation. The facility's planned 1,000 metric ton capacity, with potential for expansion, positions ReElement to capture a meaningful share of the domestic rare earth oxide market. The successful production of 99.7% pure antimony(III) sulfide and expansion into germanium processing indicates technical capabilities beyond rare earth elements, diversifying potential revenue streams.
The strategic relocation of pre-processing operations from Noblesville to Marion optimizes operational efficiency while enabling increased rare earth oxide production capacity. This two-facility approach allows for risk mitigation and staged scaling of operations, reducing capital requirements and operational risks compared to traditional large-scale facilities.
The ownership structure, with American Resources holding 19.9%, suggests a strategic approach to value creation that could benefit both entities while maintaining operational independence. The company's ability to process both light and heavy rare earth elements positions it uniquely in the U.S. market, where heavy rare earth processing capabilities are particularly scarce.
From a national security perspective, ReElement's development of domestic rare earth processing capability addresses a critical vulnerability in U.S. industrial policy. The company's progress in establishing a reliable domestic supply chain for critical minerals could attract additional government support and strategic partnerships.
ReElement continues to expand production of
Marion facility's production is contracted for Phase 1a and evaluating expanding Phase 1 capacity in response to growing demand and feedstock availability
ReElement's multi-mineral, multi-feedstock refining platform is the only rare earth oxide producer able to economically separate and refine heavy rare earth elements in the U.S.
FISHERS, IN / ACCESS Newswire / February 18, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), through its holding in ReElement Technologies Corporation ("ReElement"), a leading midstream refiner of rare earth and critical defense minerals, continues to expand rare earth oxides production monthly. The growth is driven by the addition of refining capacity through additional modular chromatography columns. ReElement's innovative critical mineral refining technology is modularly scalable, cost-effective and environmentally safe, strengthening U.S. national security and economic prosperity.
Mark Jensen, Chairman and CEO of ReElement Technologies stated, "The world is increasingly recognizing that the key challenge in fortifying a domestic critical mineral supply chain is not mining or feedstock availability. The real bottleneck has always been sustainable midstream refining capacity - the ability to economically process and refine diverse feedstocks (virgin ores, recycled material, tailings) into high-purity commercial products without relying almost entirely on China. Given our production success, modular scalability of capacity, and growing customer demand, we are confident that ReElement will play a pivotal role in breaking the existing monopoly on refined rare earth and critical elements. As we build out our Marion Advanced Technology Center, we will continue to leverage the tools and capabilities of both our Marion and Noblesville facilities to continually grow production and develop optimized process flow sheets. This will enable our customers to source urgently needed refined products, including both light and heavy rare earths, semiconductor and battery materials and critical defense minerals like yttrium, antimony, zirconium, niobium, tantalum, etc. - essential to advanced technologies."
ReElement's proprietary and patented critical mineral refining technology allows for the efficient deployment of flexible and high-performing refining capacity. The ability to modularly scale is unique when compared to solvent extraction methods, allowing the company to deploy capacity to match feedstock availability and efficiently increase capacity as feedstock supply increases and demand grows. This unique approach reduces capital and project risk while operating at maximum efficiency.
The company has relocated and expanded material pre-processing from Noblesville to Marion, IN, enhancing support for Noblesville production while freeing up space for additional chromatography columns to increase rare earth oxide output. This transition also advances the development of its Marion supersite. Additional updates and milestones include:
The company is building a strong order book for its Marion, IN, supersite, with Phase 1a contracted orders for rare earth oxides now complete. It is currently evaluating an expansion beyond the initial 1,000 metric tons of planned capacity.
The company has successfully produced
99.7% pure antimony(III) sulfide and is advancing the optimization of process flow sheets to ensure scalable, low-cost production.
The company has begun receiving initial samples of germanium-bearing feedstock, which supports the AI, data center, and semiconductor industries.
ReElement is leveraging financing from the rolling close of its convertible note and equipment lines of credit to procure and install equipment in Marion, expanding its pre-processing capacity. Initially, preprocessed materials will be refined at the Noblesville facility until full production lines are operational in Marion.
ReElement strategically and efficiently expands production capacity through:
Integrating additional columns into existing production lines.
Establishing entirely new production lines within current facilities.
Implementing larger columns across both new and existing production lines
Continually innovating and optimizing resins utilization to enhance productivity per cubic meter.
As of December 31, 2024, ReElement Technologies, a private company, is approximately
Learn more about ReElement Technologies' process and technology here - Video.
About ReElement Technologies Corporation
ReElement Technologies Corporation 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.
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.
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
SOURCE: ReElement Technologies Corporation
View the original press release on ACCESS Newswire
FAQ
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