American Resources Signs Recycled Magnet Processing Agreement with ERI

Reuters11-20
American Resources Signs Recycled Magnet Processing Agreement with ERI

American Resources Corporation, through its minority holding in ReElement Technologies Corporation, announced a commercial processing agreement with Electronic Recyclers International, Inc. (ERI). Under the agreement, ERI will use its network and recycling centers to collect and pre-process end-of-life magnet materials, which ReElement will refine into high-purity rare earth oxides. This partnership aims to support domestic production of critical rare earth materials for applications in mobility, defense, and advanced technology sectors.

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