American Resources' ReElement Technologies Begins Daily Production Of 99.5%+ Purified Light (Nd, Pr) And Heavy (Dy, Tb) Rare Earth Elements At Noblesville Plant To Support Domestic Supply Chain
Portfolio Pulse from Benzinga Newsdesk
American Resources Corporation's ReElement Technologies has started daily production of high-purity rare earth elements at its Noblesville plant, enhancing domestic supply chains. The company is expanding production capacity through automation and is building out its Marion, IN facility for further expansion.
October 09, 2024 | 12:25 pm
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American Resources Corporation's ReElement Technologies has initiated daily production of 99.5%+ purified rare earth elements, enhancing its production capacity with automation and expanding its facilities. This development supports the domestic supply chain for rare earth elements.
The initiation of daily production of high-purity rare earth elements by ReElement Technologies is a significant development for American Resources Corporation. This move not only supports the domestic supply chain but also indicates potential revenue growth and market expansion. The expansion of production capacity through automation and the build-out of a new facility further strengthens the company's position in the rare earth market.
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