American Resources (AREC) Expands Rare-Earths Processing Capacity

American Resources Corporation (NASDAQ:AREC) is among the rare earth stocks to buy with high upside. On March 6, American Resources Corp (NASDAQ:AREC) announced that its Electrified Materials Corporation (EMCO) unit has expanded its processing capacity at its Indiana facility. This capacity expansion has been achieved through the addition of a new processing line, and it addresses growing demand for the rare-earth feedstock processing.

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What the EMCO unit does is takes end-of-line products and manufacturing scrap and processes them into rare-earth and critical mineral feedstocks. Its work is to produce feedstocks ready for conditioning into material forms that are suitable for refining.

American Resources’ other unit, called ReElement Technologies Corporation (ReElement), takes the conditioned materials and processes them into rare-earth oxides. These processed materials are used in defense, electrification, and advanced manufacturing markets.

In other news, American Resources announced on March 3 that ReElement had filed a patent for a lithium purification technology, marking the subsidiary’s eighth patent filing. ReElement’s lithium purification technology patent describes a platform that processes lithium from brine and other feedstocks in a more efficient manner. For example, the platform requires a smaller footprint and uses fewer chemicals than conventional refining processes.

Indiana-based American Resources Corp (NASDAQ:AREC) is engaged in the production and supply of raw materials for the infrastructure market. Its material supplies include steel, alloys, and critical minerals. Through its Electrified Materials Corporation and ReElement Technologies Corporation units, the company recovers, processes, and refines rare-earth elements and other minerals.

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