ReElement Technologies Begins Weekly Shipments of High Purity Rare Earth Elements to Secure a Domestic Critical Mineral Supply Chain
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ReElement Technologies, a subsidiary of American Resources Corporation (NASDAQ:AREC), has started weekly shipments of high-purity rare earth elements, enhancing the U.S. supply chain for critical minerals. This development supports national security and economic prosperity by reducing reliance on Chinese sources.
February 06, 2025 | 1:15 pm
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American Resources Corporation, through its subsidiary ReElement Technologies, has initiated weekly shipments of high-purity rare earth elements. This move strengthens the U.S. supply chain for critical minerals, potentially boosting AREC's market position and stock price.
The commencement of weekly shipments of high-purity rare earth elements by ReElement Technologies, a subsidiary of American Resources Corporation, is a significant development. It positions AREC as a key player in the U.S. critical mineral supply chain, reducing dependency on Chinese sources. This strategic move is likely to enhance AREC's market position and could positively impact its stock price in the short term.
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