MAY 26·proactiveinvestors.com▲
American Resources achieves major U.S. Tungsten refining milestone
American Resources Corp said its subsidiary ReElement Technologies has refined tungsten concentrate into refined tungsten with purity approaching 99.9% after processing material supplied by international mining partners, according to CEO Mark Jensen. The company converted concentrate grading about 28% tungsten and said it demonstrates U.S. domestic refining capability. It added tungsten processing will support its planned Marion facility and potential supply agreements.
MAY 26·californiatelegraph.com▲
Based Tungsten Separation and Purification Capability Critical to National Defense
American Resources (NASDAQ:AREC) said its minority holding in ReElement Technologies processed tungsten concentrate (~28% tungsten) into material at 99.9% purity, citing a demonstrated domestic capability for commercially viable tungsten refining. The company said it is working with international partners to source tungsten-bearing feedstocks, supporting U.S. and allied defense supply-chain optionality.
