American Resources’ ReElement Division Receives Manufacturing Readiness Grant, Indiana
American Resources Corporation said its ReElement Technologies division has been awarded a $200,000, state-level, advanced manufacturing grant from the Indiana Economic Development Corporation for its patented critical battery element purification and separation technology being commercialized in Noblesville, Indiana.
ReElement CCO Chris Moorman said the grant is a great vote of confidence and support from the Indiana Economic Development Corporation, adding that ReElement runs a battery material production train that uses a patented, multi-mode chromatography technology at the Noblesville plant.
“Indiana’s investments into action-oriented organizations like Connexus and the Battery Innovation Center are paying real dividends for Hoosiers by creating high-quality jobs for the new economy in Indiana. Our state has built an ecosystem that has put Indiana in pole position to create a truly circular supply chain for the electrified economy,” Moorman said in a statement.
ReElement has demonstrated that its technology performs better at commercial scale than in the lab for rare earth elements, according to Moorman.
“Now, we are weeks away from showcasing this technology for producing high-value battery grade lithium from multiple feedstocks. As we move forward, our plan is to scale aggressively at our site in Indiana as well as pursuing strategic co-located sites throughout the world to provide a more cost efficient and environmentally sustainable method to lithium refinement for our partners, compared to hydrometallurgical (solvent) extraction,” Moorman said.
The Fishers, Indiana-based company said that with its launch and scale, its innovative technology will capitalize on the demand for battery grade elements by processing end-of-life batteries and battery manufacturing waste for multiple battery chemistries as well as lithium-based ores.
The multi-mode chromatography process and technology has proven to be able to isolate and purify battery-grade materials such as lithium hydroxide or carbonate, cobalt, nickel, and manganese to a 99.9 percent plus purity to serve the rapidly growing EV and energy storage marketplace, according to ReElement.
The company also said it is in the final stages of site selection for its second facility in either Indiana or West Virginia.
The company also said it has begun the initial planning and design of a facility which, at full capacity, will be capable of processing approximately 95,000 tons of critical battery materials annually — over 4,000 tons of lithium carbonate or hydroxide — and 6,000 tons of rare earth magnets (REE) annually, adding up to 2,000 tons of high purity REEs by 2025.
Source: Proactive Investors
About ReElement Technologies
ReElement Technologies is redefining how critical and rare earth elements are both sourced and processed while focusing on the recycling of end-of-life products such as rare earth permanent magnets and lithium-ion batteries, as well as coal-based waste streams and byproducts to create a low-cost and environmentally-safe, circular supply chain. ReElement Technologies has developed its innovative and scalable “Capture-Process-Purify” process chain in conjunction with its licensed intellectual property including 16 patents and technologies and sponsored research partnerships with three leading universities to support the domestic supply chain’s growing demand for magnet and battery metals.
To stop by ReElement’s website, CLICK HERE
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