American Resources' Subsidiary, ReElement Technologies, Has Signed A Memorandum Of Understanding With Iris Metals For Downstream Lithium Conversion And The Production Of Battery Grade Lithium Carbonate Equivalent
Portfolio Pulse from Benzinga Newsdesk
American Resources' subsidiary, ReElement Technologies, has signed an MOU with Iris Metals for downstream lithium conversion and production of battery-grade lithium carbonate equivalent. This follows the production of spodumene concentrate from Iris Metals' Beecher Lithium Project.
October 10, 2024 | 8:24 am
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American Resources' subsidiary, ReElement Technologies, has entered into a partnership with Iris Metals to work on lithium conversion and production of battery-grade lithium carbonate. This partnership could enhance AREC's position in the lithium market.
The partnership with Iris Metals positions AREC's subsidiary, ReElement Technologies, to potentially benefit from the growing demand for lithium in battery production. This strategic move could positively impact AREC's market position and stock price.
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