American Resources Corporation (AREC) has partnered with Transition Equity Partners (TEP) to establish a $200 million strategic equity facility aimed at enhancing U.S. supply chains for critical minerals and rare earth refining. This partnership includes a minority holding in ReElement Technologies and will be pivotal for expanding refining capacities.
Initial capital will focus on expanding ReElement’s facility in Marion, IN, targeting a capacity of over 10,000 metric tons per year of refined critical minerals, including rare earths sourced from recycled materials. Additionally, the partnership plans to develop refining facilities across the U.S. and internationally, utilizing advanced chromatographic separation technology.
The collaboration aims to bolster U.S. defense supply chains by supporting the production of rare earth magnets and other defense-critical materials. Over the past six months, AREC’s shares have surged by 276%, significantly outperforming the industry average growth of 21.6%.
