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ReElement Technologies Announces Recycled Magnet Processing Agreement with ERI
Accessnewswireยท 2025-11-20 14:00
Core Insights - The article discusses a commercial processing agreement between American Resources Corporation and Electronic Recyclers International to enhance domestic production of refined rare earth oxides from recycled magnet waste [1] Group 1: Company Developments - American Resources Corporation has a minority holding in ReElement Technologies Corporation, which is recognized as a leading innovator in rare earth element and critical mineral refining [1] - The partnership with the U.S. Department of War, valued at $1.4 billion, indicates significant governmental support and investment in the rare earth elements sector [1] Group 2: Industry Context - Electronic Recyclers International is the largest recycler of electronics in the U.S. and will utilize its extensive international collection network and eight U.S.-based recycling centers for the project [1] - The agreement aims to aggregate and pre-process end-of-life magnet materials, which is crucial for the recycling and recovery of rare earth elements [1]