News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Rare earth buzz sends American Resources up 32% premarket

The date of: 2021-03-18
viewed: 0

source:Seeking Alpha

American Resources (NASDAQ:AREC) is moving forward with the commercialization of its rare earth element technology process chain with the building of a 2kW rare earth processing electrolysis facility. AREC +32% premarket to $5.62/share.

It will utilize the previously announced acquired technology and patents from Ohio University in addition to its partnership with sponsored research programs and Dr. Gerardine Botte.

The design of the initial facility has a total capex of less than $1M and is in the form of a mobile application that can be transported from internal and external sites to process and evaluate the specific fly ash and coal-based feedstocks at each location.

The facility will enable American Resources to determine the specific economics of each feedstock site and the revenues that will be generated from the critical and rare earth elements, the fly ash-to-concrete market, and the recovered carbon and the hydrogen generated during the process.

Last month, President Biden signed an executive order mandating a 100-day review of critical product supply chains in the U.S., focused on semiconductors, active pharmaceutical ingredients, advanced batteries and key minerals and materials.



Hot News / Related to recommend
  • 2021 - 07 - 23
    Click on the number of times: 0
    source:Energy StorageAustralia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wide...
  • 2021 - 07 - 21
    Click on the number of times: 0
    source:Design WorldThe TMR-075-16-001-2 limited angle torque motor utilizes a toroidally wound, stationary coil assembly with a two-pole permanent magnet rotor to generate torque.The rare earth perman...
  • 2021 - 07 - 20
    Click on the number of times: 0
    source:KFGO(Reuters) – As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – the magnet...
  • 2021 - 07 - 19
    Click on the number of times: 0
    source:YahooThe many-gigabit internet speed records of a decade ago now seem downright inadequate. Motherboard reports that scientists at Japan's National institute of Information and Communicatio...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务