Core Viewpoint - Century Lithium Corp. has announced significant findings regarding the recovery of rare earth elements (REEs) from its Angel Island Lithium Project, indicating the potential for REEs to become a strategically important by-product alongside lithium carbonate production [1][9]. Summary by Sections REE Recovery Process - The company utilized a patent-pending chloride-based process combined with targeted ion-exchange, achieving high recoveries of REEs from a bulk sample of claystone [1][2]. - The claystone sample contained 0.024% total rare earth oxides (TREO) and 1101 ppm lithium, with REE distribution showing approximately 75% light rare earth elements and 25% heavy rare earth elements [2][3]. Testing Results - Chloride leaching yielded solution concentrations of 210 mg/l lithium and 36 mg/l TREO, demonstrating that REEs can be extracted under the same conditions as lithium [3]. - Ion-exchange tests showed high recovery rates for various REEs, with total REO recovery reaching 99.6% [4][5]. Strategic Importance - The Angel Island project is expected to process between 2.75 to 5.5 million tonnes of claystone annually, generating 10 to 20 million tonnes of leach solution per year, which could translate into significant quantities of REEs [8]. - The project is positioned to contribute meaningfully to North America's critical mineral supply chain, enhancing the company's revenue streams [2][9]. Future Development - Century Lithium is currently focused on further reserve definition and metallurgical testing before evaluating the economic contribution of REE recovery [9]. - The company is committed to completing an updated feasibility study and advancing permitting for the Angel Island project, which is crucial for its development [9][12].

Core Insights - American Resources Corporation has secured $33 million in financing to enhance its position in the extraction of critical and rare earth elements from coal waste [1] - The financing is part of a strategy to commercialize the recovery of rare earth elements, effectively positioning the company to operate the largest rare earth mine in the United States [1] - The investment was executed through a common stock-only PIPE transaction, priced at $3.55 per share, aimed at developing regional coal waste processing hubs [1] Company Developments - The $33 million financing will accelerate the company's initiatives in extracting critical minerals and rare earth elements [1] - The focus on sustainable sources for extraction aligns with industry trends towards environmentally responsible mining practices [1] - The company aims to unlock vast reserves of critical and rare earth elements, which are essential for various high-tech applications [1]