Core Insights - American Resources Corp's subsidiary, ReElement Technologies, has entered a new agreement with Impossible Metals to deploy refining technology in American Samoa, enhancing the company's strategic position in the rare earth elements sector [1][3][4] Company Developments - The partnership with Impossible Metals is yielding positive results, allowing ReElement Technologies to utilize its environmentally friendly refining technology locally [3][5] - The technology enables the extraction of nodules from the seabed and the subsequent refining of materials to a purity of 99.5% or higher, which is crucial for the production of critical minerals [5][8] Economic Impact - The initiative aims to create jobs in American Samoa while ensuring minimal environmental impact, addressing local community needs and concerns [4][6][8] - The collaboration with the American Samoa Economic Development Group highlights the commitment to environmentally sensitive practices and local economic development [7][8] Operational Timeline - The setup process for the refining facilities is expected to take approximately six months to a year, with the company poised to move quickly in establishing operations [9][10] - The infrastructure requirements are minimal, allowing for rapid deployment without straining local resources [10][11]