American Resources’ ReElement enters recycled magnet processing agreement

American Resources (AREC) through its minority holding in ReElement Technologies announced the signing of a commercial processing agreement with Electronic Recyclers International. Under the agreement, ERI will leverage its extensive international collection network and eight U.S.-based recycling centers to aggregate and pre-process end-of-life magnet materials. ReElement will refine this recycled feedstock into high-purity rare earth oxides, enabling the domestic production of critical inputs for mobility, defense, and advanced technology applications.