American Resources Corporation's subsidiary, ReElement Technologies Corporation, has entered into a partnership with Pensana PLC to enhance the global rare earth oxide supply chain. This collaboration aims to develop a sustainable, non-China rare earth supply network to meet rising global demand. The Memorandum of Understanding outlines a proposed offtake of up to 20,000 tonnes per annum of ultra-clean Mixed Rare Earth Carbonate from the Longonjo mine over five years. The partnership will leverage the Lobito Corridor in Angola for efficient global market access and integrate ReElement's advanced refining platform for producing ultra-pure separated rare earth oxides. This marks a significant step towards establishing a resilient and scalable supply chain for magnet-grade rare earths.
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