American Resources’ Electrified Materials expands preprocessing capacity at Indiana facility

Reuters03-19
American Resources’ Electrified Materials expands preprocessing capacity at Indiana facility
  • American Resources said its subsidiary Electrified Materials expanded preprocessing capabilities at its Indiana facility by adding equipment to aggregate and condition magnet materials, copper, aluminum, and ferrous metals from end-of-life products and manufacturing scrap.
  • Conditioned rare earth and critical mineral feedstocks are expected to be supplied to sister company ReElement for separation and refining into ultra-high-purity materials.
  • The company said the expansion is expected to be supported by a Regulation D private capital raise at the subsidiary level and a State of Indiana recycling grant.
  • Management said it is advancing plans to spin off Electrified Materials as an independent publicly listed company.


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