- American Resources Corporation (AREC, Financial) expands rare earth oxide production at its ReElement Technologies' Noblesville facility.
- Phase 2 expansion doubles daily production capacity, with Phase 3 expected to triple output.
- The facility processes key elements including neodymium, praseodymium, dysprosium, and terbium.
American Resources Corporation (NASDAQ:AREC) has announced a substantial expansion of rare earth oxide production at its ReElement Technologies' facility in Noblesville. The recently completed Phase 2 expansion, which was finished in under three weeks in April 2025, has doubled the facility's daily production capacity of high-purity light and heavy rare earth oxides to 99.5%+ purity. This expansion is crucial in meeting the increasing demand for domestically sourced rare earth elements.
The facility processes essential rare earth elements, including neodymium (Nd), praseodymium (Pr), dysprosium (Dy), and terbium (Tb), which are pivotal for applications in electric vehicles, wind turbines, and defense technologies. The expansion leverages ReElement's modular refining platform, recognized as the only scalable U.S.-based solution for economically separating both heavy and light rare earth elements.
A subsequent Phase 3 expansion is slated for completion by May/June 2025, anticipated to triple the production capacity over that of Phase 2. This strategic development comes as a response to recent global trade fluctuations and support from President Trump’s executive orders aimed at bolstering U.S. mineral independence.
ReElement Technologies' unique modular approach allows for rapid scaling, underscoring their operational flexibility. The Noblesville facility, though initially non-commercial, has become essential due to unprecedented customer demand and aligns with the national priority of reducing reliance on foreign mineral sources.
The company continues to demonstrate its capability to support the United States’ supply chain of critical minerals while maintaining operational efficiency and environmental responsibility. The ongoing developments and expansions are set to strengthen American Resources' position in the rare earth industry significantly.
