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American Resources Corporation and ReElement Technologies Expands South African-Based Supply Partnership to Refine Antimony-Bearing Ore for Defense and Commercial Markets

1. AREC partners with ReElement to refine high-purity antimony critical for U.S. defense. 2. Partnership expands domestic supply chain for rare earth elements and antimony.

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FAQ

Why Bullish?

This partnership may enhance AREC's market position, similar to past successful collaborations in resource sectors.

How important is it?

The focus on critical mineral supply is crucial for U.S. defense, impacting AREC's future revenue potential.

Why Long Term?

The effects of establishing a domestic supply chain in critical minerals will materialize over time.

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REEMXOMSABR
The Company and ReElement have received antimony ore representing a concentration of greater than 50% In conjunction with the partnership, ReElement is developing an optimized flow sheet to refine high-purity antimony(III) sulfide or antimony(III) oxide in the United States for commercial and defense applications FISHERS, IN / ACCESS Newswire / January 31, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, has announced the expansion of their partnership with a previously announced South African-based mineral supplier for the sourcing and refining / tolling of antimony-bearing ore to produce high-purity antimony(III) sulfide or antimony(III) oxide for applications in the battery industry, fire retardants, munitions and other high value commercial and defense sectors. Mark Jensen, CEO of American Resources Corporation and ReElement Technologies Corporation commented, "Our approach of catalyzing and synthesizing a robust domestic supply chain through innovative, midstream refining solutions continue yield tremendous results, enabling us to effectively source critical, rare earth and other defense elements that are urgently needed in the United States and allied nations.

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