American Resources expands rare earth capacity – ICYMI

American Resources Corp (NASDAQ:AREC) said earlier this week it is advancing expansion at its ReElement Technologies facility in Marion, Indiana, as it scales rare earth and critical minerals processing capacity to meet rising demand. CEO Mark Jensen told Proactive planned production capacity has been increased to more than 16,000 metric tons from about 8,000 metric tons, citing growing interest from defense and commercial customers.