American Resources Corporation (NASDAQ:AREC) today announced the recent commissioning of a state-of-the-art preparative scale sequential simulated moving bed (SSMB) production unit, marking a significant advancement in its processing capabilities for the refining of critical minerals.
The Company is leading the domestic market and is committed to delivering and deploying the most efficient refinery platform for critical materials, including rare earth elements, battery materials, and other strategic defense materials including antimony and other metals, with unprecedented speed.
This new commissioned equipment marks the third dedicated chromatography operating line within the Noblesville, Indiana facility, with each designed for specific rare earth and critical elements.
This processing expansion will increase the facility's daily refinement capacity of key rare earth elements, including neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb) while also broadening the range of minerals which the platform can address and accelerating its speed to market.
AREC shares lost a penny first thing Wednesday to 50 cents.
