American Resources Corporation, through its subsidiary ReElement Technologies, has entered into a new $1.4 billion financing partnership with the U.S. Department of War's Office of Strategic Capital (OSC) and Vulcan Elements. The agreement includes two OSC loans-$620 million to Vulcan Elements and $80 million to ReElement Technologies-matched by private capital. This funding aims to expand domestic production of rare earth element separation, metallization, and magnet manufacturing, targeting a scale of 10,000 metric tonnes of NdFeB magnet production capability in the United States. As part of the arrangement, the U.S. Department of War will also receive warrants in ReElement Technologies Corporation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Resources Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096148) on November 03, 2025, and is solely responsible for the information contained therein.