American Resources establishes additional cash flow by leasing a non-core mining complex to a third-party operator
The Company’s Deane mining complex, located
Under the terms of the third-party lease,
American Rare Earth is redefining the way critical elements and rare earths are both mined and processed while focusing on the recycling of end-of-life products such as rare earth permanent magnets and lithium-ion batteries, as well than waste streams and coal-based by-products to create a low-cost, environmentally friendly circular supply chain. American Rare Earth has developed its innovative and scalable “Capture-Process-Purify” process chain in conjunction with its licensed intellectual property, including 16 patents and technologies, and has sponsored research partnerships with three leading universities to support the growing demand for magnets and batteries from the domestic supply chain. metals.
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 results, performance or industry achievements or results differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond
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