American Resources (AREC)’ ReElement Technologies and its wholly-owned subsidiary, Electrified Materials, announced a strategic, multi-party collaboration with Blackion The collaboration includes a Recycling Services Agreement between Electrified Materials and Blackion, and a Memorandum of Understanding between ReElement and Blackion. This partnership aims to build a vertically integrated, sustainable supply chain for lithium-ion battery recycling and mineral recovery within the United States. It combines: Blackion’s global sourcing network of end-of-life battery materials, Electrified Materials’ capabilities in storage, disassembly, and pre-processing of lithium-ion batteries, and ReElement’s advanced refining platform to recover and refine battery-grade lithium carbonate from a wide range of battery chemistries – with a focus on LFP inputs. Key Highlights of the Collaboration: Battery-grade lithium carbonate production: ReElement will refine LFP black mass into high-purity lithium carbonate using its proprietary, low-cost, and environmentally sustainable technology. Sustainable domestic supply chain: The parties share a commitment to reducing reliance on foreign refining by establishing a closed-loop, U.S.-based battery recycling and mineral recovery ecosystem. Shared economics model: ReElement and Blackion will share net revenues from the sale of refined battery materials sourced through Blackion’s network. Integrated logistics and recycling services: Electrified Materials will manage secure storage, transportation, battery disassembly, and recycling logistics, all within full regulatory compliance. Global impact through local execution: The agreement ensures the value-added steps of the battery supply chain remain within the U.S., reinforcing economic and national security goals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AREC:
- American Resources’ ReElement enters collaboration with Impossible Metals
- American Resources’ ReElement launches urban mining-to-magnet tolling service
- American Resources’ ReElement expands commercial capabilities
- American Resources’ ReElement enters MOU with Pensana
- American Resources’ Electrified Materials finalizes grant agreement