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ReElement Technologies Receives Air Permits for Marion, Indiana Rare Earth and Critical Mineral Refinery

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American Resources (NASDAQ:AREC), through its minority holding in ReElement Technologies, announced that ReElement has received a Minor Source air permit covering all four Phase I production lines at its Marion, Indiana rare earth and critical mineral “Supersite”.

The permit authorizes installation, commissioning and operation of the chromatography-based facility, which is designed to produce high‑purity products including germanium, gallium, neodymium, NdPr, dysprosium, terbium, gadolinium, yttrium and samarium from recycled and mined feedstocks. According to the company, this completes air permitting for Phase I, removes a key non‑commercial risk, and allows ReElement to focus on equipment installation, commissioning, performance validation and scaling toward commercial multi‑element operations, while positioning the modular platform as a model for future U.S. and international deployments.

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Positive

  • Air permit secured for all four Phase I lines, removing a key non-commercial risk for the Marion Supersite
  • Authorization to install, commission and operate the Marion facility under defined emission limits and operating conditions
  • Multi-element product slate including germanium and heavy rare earths aligned with existing commercial and defense order book
  • Modular chromatography platform positioned as deployable model in the United States, Africa and Southeast Asia
  • Regulatory collaboration with state, local and federal authorities may support future permitting of similar facilities

Negative

  • None.

News Explained

The disclosure leaves the Marion facility in commissioning rather than operating status: ReElement says its immediate work is completing installation, commissioning the lines, validating performance, and advancing toward scaled commercial production.

Market Context

The prior 20.7% response to news_id 1187587 added a relevant operating-milestone comparison. The pla...
Analysis

The prior 20.7% response to news_id 1187587 added a relevant operating-milestone comparison. The platform record remained mixed, while disclosed material weaknesses in internal controls and the ongoing audit process were additional risks to monitor.

Key Figures

Permitted production lines: 4 production lines
1 metrics
Permitted production lines 4 production lines Phase I; air permit authorizes installation, commissioning, and operation

Historical Context

5 past events · Latest: Aug 12 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 12 Industry award Positive -3.8% ReElement CTO received Purdue engineering recognition following commercial germanium commissioning.
Aug 10 Government roundtable Positive +4.0% CEO attended a Department of State mining roundtable focused on secure mineral supply chains.
Aug 07 Commercial demonstration Positive +20.7% ReElement commissioned and operated its first commercial-scale germanium production chromatography column.
Jul 24 Special dividend Positive -1.7% American Resources declared a special cash dividend of $0.0431 per common share.
Jul 16 Private placement Negative -12.6% Electrified Materials closed a convertible preferred-stock placement generating approximately $9.5 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AREC's recent positive announcements produced mixed outcomes, with three negative reactions and two positive reactions.

Key Terms

minor source air permit, chromatography-based separation and purification platform, solvent-extraction
3 terms
minor source air permit regulatory
"received its Minor Source air permit for all planned production lines"
A minor source air permit is an official authorization from a government air-quality agency that allows a facility whose pollution emissions fall below federal “major source” thresholds to operate while meeting specific emission limits, monitoring, reporting, and control requirements. It matters to investors because the permit documents a facility’s legal right to emit certain pollutants, and its conditions, renewal timelines, and compliance obligations can affect operating costs, expansion plans, timeline risks, and potential regulatory liabilities—think of it as a driver’s license or operating permit for a site’s air emissions.
chromatography-based separation and purification platform technical
"using ReElement's advanced chromatography-based separation and purification platform"
A chromatography-based separation and purification platform is a set of laboratory and manufacturing processes that uses a medium (like resin-packed columns) to sort and isolate molecules—such as proteins, antibodies, or small molecules—based on size, charge, or chemical properties. Think of it like a highly selective coffee filter that separates desired ingredients from impurities; it matters to investors because the platform determines product purity, yield, production speed, cost, and regulatory compliance in drug and biologic manufacturing.
solvent-extraction technical
"Rather than attempting to improve upon the legacy solvent-extraction model"
Solvent-extraction is a chemical separation method where a liquid solvent is used to pull a desired substance out of a mixture, much like using a sponge to lift oil from water. For investors, it signals how a product is made and matters because the choice of solvent, equipment needs, yields, waste handling and regulatory limits affect production costs, environmental risk, and the scalability or reliability of supply.

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Milestone Completes the Air Permitting Required for All Four Phase I Production Lines and Advances the Marion Supersite Toward Multi-Element Commercial Operations

Germanium and Heavy Rare Earths (Y, Gd, Sm, Dy, Tb) Make Up a Significant Portion of ReElements' Order Book From Both Recycled and Virgin Ore From the Commercial and Defense Industries

FISHERS, IN / ACCESS Newswire / August 19, 2026 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), through its minority holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, today announced that it has received its Minor Source air permit for all planned production lines at its Marion, Indiana Supersite. The permit represents another major milestone in the commissioning and commercialization of the Marion Supersite and demonstrate how ReElement, the City of Marion, Grant County, State of Indiana and the federal government worked collaboratively to complete a comprehensive review of one of the nation's first modular critical mineral refining facilities.

The Marion Supersite is designed to refine and purify rare earth elements and other critical minerals using ReElement's advanced chromatography-based separation and purification platform for rare earth elements and critical minerals. The four-line facility is being developed to support the production of separated high-purity products including germanium, gallium, neodymium, neodymium-praseodymium, dysprosium, terbium, gadolinium, yttrium and samarium from a diverse range of recycled materials, industrial byproducts and mineral feedstocks.

The air permit authorizes installation, commissioning, and operation of all four production lines in accordance with the permit requirements, applicable emission limitations, and operating conditions.

Issuance of the air permit represents a critical milestone, resolving one of the final non-commercial risks associated with commissioning the Marion Supersite. With air permitting now complete for all four Phase I production lines, ReElement's primary focus shifts from regulatory readiness toward equipment installation, commissioning and commercial production.

"Receiving the principal approvals necessary to operate the production lines represents a significant milestone in ReElement's commercialization," said Mark Jensen, Chairman and Chief Executive Officer of ReElement Technologies Corporation. "The speed, diligence and professionalism demonstrated by the State of Indiana, the City of Marion, Grant County, federal authorities and the permitting authorities show what is possible when government and industry work together with urgency, transparency and a shared commitment to rebuilding critical-mineral supply chains in the United States."

Jensen continued, "This latest milestone validates more than our permitting strategy - it validates the philosophy behind our platform. ReElement was built on the belief that the critical mineral industry had fundamentally changed. Rather than attempting to improve upon the legacy solvent-extraction model, we developed a refining-first platform designed for a market that demands flexibility, speed, collaboration and capital efficiency. The future isn't about replicating legacy infrastructure and methodology; it's about enabling a new generation of refining capacity that can adapt to changing feedstocks, evolving technologies and shifting geopolitical priorities. We believe innovation - not imitation - will define the next generation of critical mineral supply chains."

ReElement worked closely with state and local authorities throughout the design, construction and permitting process. Because the Marion facility incorporates a differentiated refining process, the review required detailed technical coordination among ReElement's engineering and environmental teams, and air-permitting authorities. The parties were focused on completing the review on a commercially reasonable timeline without compromising environmental, health or safety standards.

The Company believes the permitting process establishes a strong model for deploying its modular platform elsewhere in the United States and most importantly with strategic international partners such as in Africa and Southeast Asia. Unlike conventional solvent-extraction facilities that commonly require extensive footprints, inelastic fixed infrastructure with numerous separation stages and large volumes of chemicals, ReElement's chromatography platform is designed to modularly scale by adding standardized production capacity that can share common infrastructure, controls, laboratories and finishing capabilities.

"America's critical-mineral challenge will not be solved by permitting and constructing only massive, centralized facilities that carry high intrinsic risk and take many years to bring online," Jensen added. "It will be solved through innovative technology, modular deployment and collaboration with jurisdictions that understand the urgency of the mission. The Marion Supersite is demonstrating that the United States can move quickly, maintain rigorous environmental safeguards and build advanced refining capacity at commercial scale. We believe this facility can serve as a model for future deployments in the United States and allied nations, supporting technology partnerships that enable countries to capture greater value from their natural resources while strengthening resilient global critical mineral supply chains."

With this permitting milestone achieved, ReElement's immediate focus is completing the installation and commissioning of the Marion facility's Phase I production lines, validating operating performance and advancing the facility toward scaled commercial production. When fully operational, the Marion Supersite is expected to serve as a flexible critical-mineral refining hub capable of supporting domestic defense, energy, automotive, semiconductor and advanced-manufacturing supply chains while serving as the commercial foundation for ReElement's future domestic and international expansion.

About ReElement Technologies Corporation

ReElement Technologies Corporation, a minority holding of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth elements and critical minerals. Its refining-first, multi-mineral, multi-feedstock platform is designed to process a wide range of inputs - including recycled materials from permanent magnets, lithium-ion batteries, and industrial, defense, and technology waste streams, as well as mined ores, brines, and coal-based byproducts - into high-purity products that support a cost-effective, environmentally responsible, and circular supply chain.

ReElement's innovative and scalable "Powered by ReElement" process leverages its exclusively licensed and internally developed intellectual property, integrating directly into partners' material processing flowsheets to enhance efficiency and adaptability across the global critical mineral supply chain. For more information, visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.

About American Resources Corporation (NASDAQ:AREC)

American Resources Corporation is strategically developing an integrated critical materials ecosystem through its Platform Orchestration strategy, which brings together complementary capabilities across commercial feedstock origination, industrial processing, and advanced refining. Through this capital-efficient approach, the Company is building a flexible platform designed to adapt to evolving technologies, customer requirements, and national priorities while strengthening domestic and allied critical mineral supply chains.

The Company's operating platforms span conventional and unconventional resource sourcing, feedstock aggregation, recycling, processing, conditioning, and advanced refining through its strategic affiliation with, and former parent relationship to, ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth elements and critical minerals. Together, these complementary capabilities enable American Resources to efficiently align diverse feedstock sources with growing commercial, industrial, and defense-sector demand.

American Resources' modular, asset-light business model emphasizes disciplined capital allocation, scalable growth, and strategic partnerships. By integrating complementary operating platforms rather than relying on traditional vertical integration, the Company is positioned to expand efficiently while supporting resilient, commercially sustainable supply chains across infrastructure, defense, advanced manufacturing, semiconductors, energy, and electrification markets. For more information, visit americanresourcescorp.com 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.

Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
investor@americanresourcescorp.com

SOURCE: American Resources Corporation



View the original press release on ACCESS Newswire

FAQ

What did American Resources (NASDAQ:AREC) announce about ReElement’s Marion, Indiana air permits on August 19, 2026?

American Resources announced that ReElement received a Minor Source air permit covering all planned Phase I production lines at its Marion, Indiana Supersite. According to American Resources, this authorization enables installation, commissioning and operation under specified emission limits, advancing the facility toward multi-element commercial refining operations.

What does the Marion Supersite air permit mean for AREC and ReElement’s commercialization timeline?

The air permit removes one of the final non-commercial risks for commissioning the Marion Supersite and shifts focus to installation and commissioning. According to American Resources, ReElement will now concentrate on validating operating performance and advancing the facility toward scaled commercial production across multiple critical minerals.

Which rare earths and critical minerals will ReElement’s Marion Supersite be able to produce under the new air permit?

The permitted facility is designed to produce separated high-purity germanium, gallium, neodymium, neodymium-praseodymium, dysprosium, terbium, gadolinium, yttrium and samarium. According to American Resources, these products will come from recycled materials, industrial byproducts and mineral feedstocks using ReElement’s chromatography-based refining platform.

How is ReElement’s chromatography-based refining platform at Marion different from traditional solvent-extraction plants?

ReElement’s platform uses chromatography and modular, standardized production capacity rather than large, fixed solvent-extraction infrastructure. According to American Resources, this design aims to share common infrastructure and enables flexible scaling while handling diverse feedstocks and maintaining environmental, health and safety standards at the Marion Supersite.

How could ReElement’s Marion Supersite impact future critical mineral projects for AREC shareholders?

American Resources views the Marion permitting process as a model for deploying ReElement’s modular platform in the United States and allied regions. According to American Resources, the Supersite is expected to serve as a flexible hub supporting defense, energy, automotive, semiconductor and advanced manufacturing supply chains.