American Resources Corporation Updates Progress on Indiana Rare Earth Project
American Resources Corporation provided a progress update on the Phase 1 buildout of the Marion, Indiana rare earth and critical mineral refining campus being developed by its affiliated minority holding, ReElement Technologies. The first commercial production line planned for Marion is focused on germanium and related strategic materials from recycled and primary sources. A majority of the key equipment required for the initial germanium line is on site or currently being delivered and assembled, with the Company targeting commercial operations during the third quarter of 2026. Mark Jensen, Chief Executive Officer and Chairman of ReElement Technologies and American Resources Corporation, commented, "ReElement is not building a legacy refining facility around one mine, one feedstock or one product. We are building a modular, multi-element, multi-feedstock refining platform designed to compete in the global market on quality, cost, speed and flexibility."