American Resources Corporation's ReElement Technologies And LVC Global To Sustain Metal Refining And Recycling In Africa
Portfolio Pulse from Benzinga Newsdesk
American Resources Corporation (AREC) through its subsidiary ReElement Technologies, announced a strategic partnership with LVC Global Holdings to enhance metal refining and recycling in Africa. This collaboration aims to redefine refining and recycling practices for rare earth and critical minerals in Emerging & Frontier Markets, particularly in Sub-Saharan Africa, by leveraging innovative technology and market expertise.

May 13, 2024 | 12:42 pm
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AREC's partnership with LVC Global through its subsidiary ReElement Technologies aims to enhance metal refining and recycling in Africa, focusing on rare earth and critical minerals. This strategic move could position AREC as a leader in sustainable mining practices and potentially increase its market share in the critical minerals sector.
The partnership is directly related to AREC's business expansion and innovation in the critical minerals sector, which is increasingly important for technology and energy industries. By entering into this strategic partnership, AREC is likely to see a positive impact on its stock price in the short term due to the growing demand for sustainable and locally sourced minerals. The focus on sustainability and local production could also enhance AREC's reputation and operational efficiency, making it a more attractive investment.
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