American Resources and ReElement Technologies Secure Contract for Multi-Million Dollar Antimony Purification Agreement
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American Resources Corporation and ReElement Technologies have secured a multi-million dollar contract for antimony purification. ReElement will refine stibnite ore to produce ultra-pure antimony for defense and commercial industries, with initial shipments of 500 metric tons per month.
February 27, 2025 | 1:45 pm
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American Resources Corporation, along with ReElement Technologies, has secured a significant contract for antimony purification, which could enhance its market position in the defense and commercial sectors.
The contract for antimony purification is a significant business development for American Resources, likely to positively impact its stock price due to the potential revenue from the multi-million dollar agreement and its strategic importance in the defense and commercial sectors.
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RELEVANCE 90