Published: June 7, 2022 |

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American Resources Corporation said it has successfully completed the first phase of commissioning of its rare earths facility in Indiana, paving the way for initial production.

The company’s American Rare Earth division wrapped up the commissioning of its critical and rare earth element isolation and purification facility, enabling it to prepare its chromatography columns for production, according to a release.

The commissioning phase of the processing facility was focused on ensuring that the flow rates, pressurization, and valves operated as intended, American Resources told shareholders.

The first production train will recycle end-of-life rare earth magnets to produce magnet-grade neodymium, praseodymium, and dysprosium at over 99.5 percent purity, while the second production train will recycle black mass from end-of-life lithium-ion batteries producing high-purity, battery-grade lithium, cobalt, manganese, nickel, and graphite.

American Rare Earth is now finalizing the preparation of its chromatography columns and moving towards initial throughput of material and production of isolated and purified rare earth elements.

“This is an extremely exciting accomplishment for the team to be able to test and complete the water commissioning and pressure testing of our initial rare earth and battery material purification facility on schedule,” American Resources CEO Mark Jensen said in a statement.

Jensen highlighted the work of Jeff Peterson, Dave Sauve, Bill Smith, Jay Campbell, and the Purdue team, who the CEO said worked “countless” hours advancing the facility.

“It’s an extremely exciting time to be able to move forward to advance our domestic supply chain and get away from the dependency of foreign nations for the supply of these critically important materials,” Jensen said.

“We believe this facility and technology will replace the environmentally and socially toxic solvent-based extraction for the isolation and purification of rare earth and battery elements utilizing a fraction of the space and inputs,” Jensen added.

The firm will now move forward with the initial production of magnet metals necessary to make electric motors operate efficiently while also advancing on the initial battery material production train, Jensen added.

American Resources estimates having its battery material production line, with the ability to purify individual battery elements, completed by the end of the third quarter of this year.

The firm forecasts scaling its initial facility and phase two facility over the next five years to process over five tons of magnet grade material per day, and scale its technology to produce 10 to 15 tons per day of battery grade materials from recycled black mass over the next three to five years.

Source: Proactive Investors

About American Resources Corporation
American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs.

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