ReElement Technologies Partners with Transition Equity Partners to Expand Global Critical Mineral and Rare Earth Refining Capacity and Strengthen U.S. Supply Chains

Core Insights - American Resources Corporation has secured a $200 million strategic equity facility from Transition Equity Partners, LLC to enhance its rare earth element and critical mineral refining capabilities [1] - The investment aims to accelerate the commercial deployment of ReElement Technologies' multi-mineral refining platform, focusing initially on the Marion, Indiana facility to address domestic demand [1] Company Overview - ReElement Technologies is recognized as a leading innovator in the refining of rare earth elements and critical minerals for both commercial and defense sectors [1] - The Marion, Indiana facility is positioned as a scalable platform for heavy rare earths, defense minerals, and magnet supply chains [1] Investment Details - The $200 million investment will facilitate the buildout of the Marion facility, which is expected to meet near-term domestic demand for critical minerals [1]