American Resources Corporation invests in a subsidiary that recycles rare earth metals from used lithium-ion batteries and magnets.
Rare earth metals are a group of minerals essential to many modern technology platforms, including smartphones, laptops, EVs, wind turbines, and military systems. Without them, these technologies cannot exist in their current form.
As the name suggests, rare earth metals are in short supply and often concentrated in a few geographic regions. A more diversified and secure supply of these materials is essential for the continued advancement and growth of the global economy.
Recycling Rare Earth and Battery Metals
American Resources Corporation has announced its new subsidiary, ReElement Technologies, launched to diversify and secure the global supply of rare earth metals through recycling and reuse.
Seventeen rare earth elements and six battery metals comprise 23 essential metals that enable modern technology platforms. Today, many of the rare earth and battery metals used in energy generation platforms and electronic products are lost to landfills or smelting at end-of-life. ReElement’s mission is to change this, leveraging the company’s proprietary technology to capture, process and purify rare earth metals from end-of-life, such as lithium-ion batteries and magnets.
In this manner, a circular economy is enabled where, functioning as a closed-loop system, all raw materials from end-of-life products are recovered and re-used.
To achieve this, ReElement has built the first-of-its-kind metal recovery system that uses chromatography to separate and purify rare earth and battery metals like lithium, nickel, manganese, and cobalt.
Learn more: EE Power
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