ReElement Technologies Corporation, a subsidiary of American Resources Corporation, has expanded its long-term antimony refining contract to ten years. The company has successfully demonstrated advanced refining capabilities, achieving over 99.7% purity in antimony$(III)$ sulfide from stibnite ore. This extension strengthens ReElement's position to supply high-purity antimony products to both commercial and defense markets. The initial phase of the agreement is projected to generate revenues exceeding $29 million annually. ReElement's operations, based in central Indiana, focus on refining critical battery elements and rare earth minerals, playing a vital role in supporting domestic markets amid global trade tensions.
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