American Resources Corporation focuses on the entire supply chain for metallurgical coal, from its initial extraction and refinement to its transportation, distribution, and final sale, primarily serving the steel manufacturing sector. The company also supplies other essential raw materials and offers specialized coal for pulverized coal injection (PCI) applications. Its operational footprint includes facilities in Kentucky's Pike, Knott, and Letcher Counties, as well as Wyoming County, West Virginia. Established in 2006, American Resources Corporation is based in Fishers, Indiana.
ReElement Technologies Receives Air Permits for Marion, Indiana Rare Earth and Critical Mineral Refinery
ReElement Technologies, a minority holding of American Resources Corporation (NASDAQ:AREC), received a Minor Source air permit for all four Phase I production lines at its Marion, Indiana Supersite.
The permit clears the final regulatory hurdle for the facility, which is designed to refine rare earth elements and critical minerals such as germanium, gallium, and heavy rare earths using a chromatography-based platform.
ReElement CEO Mark Jensen noted that this milestone validates the company's commercialization strategy and shifts its immediate focus toward equipment installation and the start of commercial production.