ReElement Technologies Appoints Anthony Carroll to the Board of Directors of ReElement Technologies Africa Ltd. Subsidiary | AREC Stock News

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May 15, 2025
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  • ReElement Technologies, a subsidiary of American Resources Corporation (AREC, Financial), appoints Anthony Carroll to the Board of Directors of ReElement Technologies Africa Ltd.
  • Carroll brings over 40 years of experience in U.S.-Africa trade, policy, and investment.
  • ReElement's technology offers an environmentally friendly refining method for critical minerals, focusing on partnerships across Africa.

ReElement Technologies, a subsidiary of American Resources Corporation (NASDAQ:AREC), has announced the appointment of Anthony Carroll to the Board of Directors of its African subsidiary, ReElement Technologies Africa Ltd. Carroll, a seasoned expert with more than four decades of experience in U.S.-Africa trade, policy, and investment, will guide the company's African partnerships to ensure long-term mutual benefits for all stakeholders.

ReElement Technologies utilizes a patented chromatographic separation and purification process, which is modular, scalable, and environmentally friendly. This technology represents a significant advancement in mineral refining, using significantly less energy, water, and chemicals compared to traditional methods. By employing columns and resins instead of toxic acids, the process offers a low CapEx and OpEx solution, further enhancing the efficiency of critical mineral refining.

The company is focused on creating value chains through local mineral processing facilities across Africa. These facilities will process key minerals such as lithium, cobalt, nickel, niobium, and rare earth elements. By strengthening local partnerships and building refining capacity close to mineral resources, ReElement aims to foster sustainable economic growth while supporting both African and U.S. interests.

ReElement Technologies Africa Ltd. is committed to leveraging its innovative refining technology to unlock the value of Africa's mineral resources. Anthony Carroll's leadership is expected to bolster the company's mission in creating sustainable partnerships that address both local and international needs for critical minerals.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.