Latest news with #rareEarthElements
Yahoo
15-07-2025
- Business
- Yahoo
ReElement Technologies Launches Urban Mining-to-Magnet Tolling Service for 99.5%+ Separated Rare Earth Oxides
Innovative offering enables cost-effective recycling of permanent magnets into high-purity Nd, Pr, Dy, and Tb oxides at $25-$35/kg ReElement achieves over 90% recovery rates and partners with domestic magnet producers to deliver a fully circular, U.S.-based supply chain FISHERS, IN / / July 11, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources") along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, is pleased to announce the launch of its urban mining-to-magnet rare earth supply chain. Through this offering, ReElement will provide toll processing services to separate and purify recycled rare earth magnets into high-purity Nd, NdPr, Dy, and Tb oxides - achieving purities of 99.5% or greater - for an average cost of $25 to $35 per kilogram. These refined materials will then be converted back into magnets by ReElement's domestic partners, establishing a cost-effective and fully integrated U.S.-based magnet supply chain. ReElement is also recycling a range of strategic and esoteric critical minerals - many of which are subject to China's export controls or near-monopoly - including Terbium (Tb), Gallium (Ga), Germanium (Ge), Gadolinium (Gd), Samarium (Sm), Cobalt (Co), Yttrium (Y), and others essential to both commercial and defense-related high-tech applications. Under these partnerships, ReElement accepts material for recycling and returns the separated and purified oxides - or other desired chemical compound forms - with purities ranging from 99.9% to 99.999%. These refined products are typically provided to the recycling partner at or below prevailing Chinese market prices. Mark Jensen, CEO and Chairman of ReElement, commented, "Over the past decade, we've built an innovative platform - along with the processes and partnerships - to establish an economically viable rare earth and critical mineral supply chain here in the United States. Our Indiana facilities are producing high-purity, separated, and refined Nd, NdPr, and Dy, which we've delivered to domestic partners at costs competitive with Chinese pricing. We're proud to launch this collaborative tolling service for customers committed to building stable, long-term U.S.-based supply chains. If your operations require separated and purified rare earth oxides, reach out to our team - we're ready to help reduce your dependence on inefficient and unstable global supply channels. We firmly believe there's no other group in the U.S. capable of matching our combination of technical performance and pricing in delivering high-purity, refined rare earth and critical mineral products." ReElement is feedstock-agnostic and has successfully processed magnets sourced from wind turbines, automotive rotors, power tool rotors, hard disk drives, electric motors, and magnetic separators. The company has also recycled magnetic swarf from magnet manufacturing operations, returning it to the production cycle. In the coming months, ReElement expects to announce additional tolling partnerships involving SEG, SEG+, MREC, MREO, and other ore-based feedstocks - in addition to existing antimony refining services. ReElement's refining platform - originally developed by Purdue for pharmaceutical purification - has been reengineered to separate rare earths and critical minerals with exceptional efficiency, scalability, and purity. Their patented, programmable platform handles multiple feedstocks and minerals, enabling rapid modular deployment across locations and resource types. Unlike legacy solvent extraction methods, it uses far fewer chemicals, requires less space, and generates minimal waste - making it faster to permit and simpler to co-locate near feedstock or end-use customers. This breakthrough eliminates a major chokepoint in global critical mineral supply chains, which has been dominated by single-source processing, no longer tenable as the U.S. must forge critical mineral supply chain independence, both through processing in the US and in partnership with allies abroad. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. About American Resources Corporation (NASDAQ:AREC) American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. 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. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire
Bloomberg
26-06-2025
- Automotive
- Bloomberg
US Rare Earths Refiner Phoenix Tailings Eyes IPO Within 3 Years
US metals refiner Phoenix Tailings plans to pursue an initial public offering within three years after building out plants to produce rare earth elements to go into automobiles, medical devices and military equipment. 'That's our big target,' Chief Executive Officer Nick Myers said in a Monday interview. 'It's an aggressive goal, but I like to wake up and do aggressive things on a daily basis.'
The Standard
26-06-2025
- General
- The Standard
China says it will strengthen approval of rare earths export licenses
Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China October 31, 2010. Picture taken October 31, 2010. REUTERS/Stringer/File Photo
South China Morning Post
17-06-2025
- Business
- South China Morning Post
‘A new China shock': von der Leyen revives hard line on Beijing at G7 summit
European Commission chief Ursula von der Leyen has accused Beijing of deliberately creating a near-monopoly in the global supply of rare earth elements , then weaponising the world's reliance on those chains. Advertisement Addressing the Group of Seven summit in Canada on Monday, von der Leyen made a hawkish return to form, reversing a course of toned-down criticism of China spurred by the return of US President Donald Trump in January. In two separate speeches in the first two months of the year, she surprised many observers by talking about 'deepening trade and investment' with China. But with Trump in the room on Monday , von der Leyen took aim at China's policies, reviving some of the aggressive language she has used over recent years, and setting the stage for a showdown at the EU-China Summit in Beijing next month. 'On this point, Donald is right – there is a serious problem,' von der Leyen said at a round-table leaders' meeting. Advertisement 'But we strongly feel that the biggest challenges are not the trade between G7 partners. Rather, the sources of the biggest collective problem we have has its origins in the accession of China to the WTO in 2001.'
Yahoo
12-06-2025
- Business
- Yahoo
Energy Fuels Announces Election of Directors
DENVER, June 12, 2025 /CNW/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (REE), and other critical minerals, today announced the results of the election of directors at its annual and special meeting of shareholders (the "Meeting") held virtually on June 11, 2025. The eleven (11) nominees proposed by management for election as directors were elected by the shareholders of the Company through a combination of votes by proxy and electronic poll, as follows: Nominee Votes For % For Votes Abstained % Abstained J. Birks Bovaird 60,640,323 90.90 % 6,068,345 9.10 % Mark S. Chalmers 62,781,778 94.11 % 3,926,890 5.89 % Benjamin Eshleman III 58,797,648 88.14 % 7,911,020 11.86 % Ivy V. Estabrooke 60,232,439 90.29 % 6,476,229 9.71 % Barbara A. Filas 62,661,845 93.93 % 4,046,823 6.07 % Bruce D. Hansen 62,025,787 92.98 % 4,682,881 7.02 % Jaqueline Herrera 62,290,714 93.38 % 4,417,954 6.62 % Dennis L. Higgs 65,193,117 97.73 % 1,515,551 2.27 % Robert W. Kirkwood 65,482,865 98.16 % 1,225,803 1.84 % Alexander G. Morrison 65,105,536 97.60 % 1,603,132 2.40 % Michael H. Stirzaker 65,967,109 98.89 % 741,559 1.11 % In addition, the Company is pleased to welcome Bruce D. Hansen as the new Chair of the Board of Directors of Energy Fuels, effective June 11, 2025. Mr. Hansen succeeds J. Birks Bovaird, who has served as Chair since 2006. Mr. Bovaird will continue to serve as a director of the Company. Mark S. Chalmers, President and CEO of Energy Fuels, thanked both for their many years of service to the Company and its shareholders: "The Board and the entire team at Energy Fuels sincerely thanks Mr. J. Birks Bovaird for his nearly 20-years of leadership as Chair of the Board of Energy Fuels as the Company transformed into a recognized U.S. leader in uranium, rare earths and critical minerals production. At the same time, we welcome Bruce Hansen as the new Chair of the Board. Mr. Hansen has served as a director of Energy Fuels since 2007 and is a retired mining executive with +40 years of industry experience, and his election as Chair reinforces the Board's confidence in his vision and leadership." ABOUT ENERGY FUELS Energy Fuels is a leading US-based critical minerals company, focused on uranium, REEs, heavy mineral sands (HMS), vanadium and medical isotopes. The Company has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities that process it further for the production of carbon-free nuclear energy and owns and operates several conventional and in-situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill (the Mill) in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States. At the Mill, the Company also produces advanced REE products, vanadium oxide (when market conditions warrant), and is evaluating the recovery of certain medical isotopes from existing uranium process streams needed for emerging cancer treatments. The Company also owns the Kwale HMS project in Kenya which ceased mining and commenced final reclamation activities at the end of 2024, and is developing three (3) additional HMS projects: the Toliara Project in Madagascar; the Bahia Project in Brazil; and the Donald Project in Australia in which the Company has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. The Company is based in Lakewood, Colorado, near Denver. The primary trading market for Energy Fuels' common shares is the NYSE American under the trading symbol "UUUU," and the Company's common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR." For more information on all we do, please visit View original content to download multimedia: SOURCE Energy Fuels Inc. View original content to download multimedia: Sign in to access your portfolio
