American Resources Expands Rare Earth Element Purification Capacity

Group 1 - American Resources Corporation (AREC) has launched a new preparative scale sequential simulated moving bed (SSMB) production unit through its stake in ReElement Technologies Corporation, enhancing its capabilities in refining rare earth elements and critical materials [1] - The new technology represents a significant advancement for AREC in refining critical minerals, positioning the company as a leader in the domestic market for efficient refining solutions for vital materials [2] - The addition of a third dedicated chromatography line at AREC's Noblesville, IN facility will increase the daily refining capacity for essential rare earth elements such as neodymium (Nd), praseodymium (Pr), dysprosium (Dy), and terbium (Tb), while also expanding the range of minerals processed [3] Group 2 - AREC's investment in advanced technology highlights its commitment to scientific progress and scalable refining solutions, with plans to leverage this new capability for innovation in critical materials refining [4] - Over the past year, AREC's stock has declined by 73.1%, contrasting with a 6.1% decline in the industry [4] - AREC currently holds a Zacks Rank 3 (Hold), while other companies in the basic materials sector, such as Carpenter Technology Corporation, ArcelorMittal, and Axalta Coating Systems, have better rankings and performance [5][6][7]