American Resources Corporation, through its subsidiary ReElement Technologies, has secured a significant anchor investment from South African firm Novare Holdings. This investment, a mix of equity and debt financing totaling approximately $150 million, aims to expand ReElement's rare earth element refining operations at its Marion, Indiana site. The move, highlighted by ReElement CEO Mark Jensen, is seen as a pivotal moment in reshaping the global critical minerals supply chain. The investment not only boosts U.S. industrial capacity but also strengthens Africa-U.S. commercial diplomacy, reinforcing critical sectors essential to national and global security.
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