ReElement Technologies, an American Resources subsidiary, has expanded its focus at its Kentucky lithium refinery to include production of ultra-pure rare earth elements and byproducts from coal and other mining waste.
ReElement previously announced the closing of $150 million in financing for its Kentucky-based refinery, initially focused on processing lithium from domestic and international suppliers into battery-grade lithium. The company has now expanded its focus, leveraging flow sheet efficiencies and feedstock development, to economically process and refine coal mine waste containing high-value rare earth elements.
“This development marks a significant milestone in American Resources and ReElement Technologies evolution showcasing the versatility, flexibility and scalability of our refining technology on the global stage,” said Mark Jensen, chairman and CEO of ReElement Technologies.
American Resources will utilize its process flow expertise to maximize synergies with ReElement to supply an optimal rare earth concentrated feedstock, initially sourced from a site in Oceana, W.Va. Previously reported data shows pre-concentration contains over 550 ppm of rare earth elements and high levels of aluminum and silicon.
Source: American Resources