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April 16 - American Resources Investor's Webinar Highlights ReElement's status
Expanding ReElement's workforce was just one of the topics covered during American Resources' (AREC) April 16 investor webinar. As CEO of AREC, which retains an approximate 17% stake in ReElement, I recognized ReElement's strategic separation and deconsolidation from its former parent and its establishing operations as an independent entity.
This separation allows AREC to concentrate on a streamlined business model of building a global pipeline of strategic feedstock, which naturally aligns and supports ReElement’s leading separation and purification platform. At the same time, ReElement continues executing on its standalone growth strategy, including commissioning its Marion facility this summer ahead of an eventual IPO.
We are working vigorously to launch the Phase 1 Product Lines at Marion beginning in the July and August time frame.
Phase I Product Lines are:
✅ Specialty Hard Products Recycling Line – 2,000 metric tons annually of high purity Y, Gd, Zr, Sm, Co
✅ Rare Earth Elements - Recycled Feedstocks – 7,000 metric tons annually of high purity Nd, Pr, Dy, Tb
✅ Rare Earth Elements - Primary Feedstocks – 7,000 metric tons annually of high purity Nd, Pr, Dy, Tb, Y, Gd, Sm
✅ Semiconductor and Strategic Materials Line – 500 metric tons annually of high purity Ge, Ga
This initial growth phase addresses some urgent gaps within our domestic supply chain. Our second phase will include refining materials from LFP and NMC lithium-ion battery chemistries.
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