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ReElement Technologies Corporation and The American Samoa Economic Development Authority Launch Deep Sea Nodule Refining Collaboration

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ReElement Technologies, a portfolio company of American Resources Corporation (NASDAQ:AREC), has signed a Memorandum of Understanding (MOU) with the American Samoa Economic Development Authority (ASEDA) to develop a critical mineral refinery focused on deep sea nodules processing.

The collaboration aims to create a sustainable, domestic supply chain for rare earth and critical minerals, focusing on copper, cobalt, nickel, manganese, and rare earth elements from nodules found in the American Samoa region. The initiative aligns with President Trump's 2025 Executive Orders on offshore critical minerals and American mineral production.

This partnership follows ReElement's recent MOU with Impossible Metals and will leverage existing Defense Department infrastructure, combining Impossible Metals' nodule collection technology with ReElement's refining platform to establish an end-to-end U.S. supply chain from seabed mining to local refining.

ReElement Technologies, società controllata da American Resources Corporation (NASDAQ:AREC), ha firmato un Memorandum d'Intesa (MOU) con la American Samoa Economic Development Authority (ASEDA) per sviluppare una raffineria di minerali critici focalizzata sul trattamento dei noduli di profondità marina.

La collaborazione mira a creare una catena di approvvigionamento sostenibile e nazionale per terre rare e minerali critici, concentrandosi su rame, cobalto, nichel, manganese ed elementi delle terre rare provenienti dai noduli della regione di Samoa Americane. L'iniziativa è in linea con gli Ordini Esecutivi del Presidente Trump del 2025 riguardanti i minerali critici offshore e la produzione mineraria americana.

Questa partnership segue il recente MOU di ReElement con Impossible Metals e sfrutterà l'infrastruttura esistente del Dipartimento della Difesa, combinando la tecnologia di raccolta dei noduli di Impossible Metals con la piattaforma di raffinazione di ReElement per stabilire una catena di approvvigionamento statunitense integrata dalla estrazione sul fondale marino fino alla raffinazione locale.

ReElement Technologies, empresa perteneciente a American Resources Corporation (NASDAQ:AREC), ha firmado un Memorando de Entendimiento (MOU) con la American Samoa Economic Development Authority (ASEDA) para desarrollar una refinería de minerales críticos enfocada en el procesamiento de nódulos de aguas profundas.

La colaboración busca crear una cadena de suministro sostenible y doméstica para tierras raras y minerales críticos, centrándose en cobre, cobalto, níquel, manganeso y elementos de tierras raras provenientes de los nódulos encontrados en la región de Samoa Americana. La iniciativa está alineada con las Órdenes Ejecutivas de 2025 del Presidente Trump sobre minerales críticos offshore y la producción minera estadounidense.

Esta asociación sigue al reciente MOU de ReElement con Impossible Metals y aprovechará la infraestructura existente del Departamento de Defensa, combinando la tecnología de recolección de nódulos de Impossible Metals con la plataforma de refinación de ReElement para establecer una cadena de suministro estadounidense integral, desde la minería en el lecho marino hasta la refinación local.

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ReElement Technologies, une société du portefeuille de American Resources Corporation (NASDAQ:AREC), a signé un protocole d'accord (MOU) avec la American Samoa Economic Development Authority (ASEDA) pour développer une raffinerie de minéraux critiques axée sur le traitement des nodules en eaux profondes.

Cette collaboration vise à créer une chaîne d'approvisionnement durable et nationale pour les terres rares et les minéraux critiques, en se concentrant sur le cuivre, le cobalt, le nickel, le manganèse et les éléments des terres rares issus des nodules trouvés dans la région des Samoa américaines. L'initiative s'aligne sur les décrets exécutifs de 2025 du président Trump concernant les minéraux critiques offshore et la production minérale américaine.

Ce partenariat fait suite au récent protocole d'accord de ReElement avec Impossible Metals et tirera parti des infrastructures existantes du Département de la Défense, combinant la technologie de collecte des nodules d'Impossible Metals avec la plateforme de raffinage de ReElement pour établir une chaîne d'approvisionnement américaine complète allant de l'extraction sous-marine au raffinage local.

ReElement Technologies, ein Portfoliounternehmen von American Resources Corporation (NASDAQ:AREC), hat ein Memorandum of Understanding (MOU) mit der American Samoa Economic Development Authority (ASEDA) unterzeichnet, um eine Raffinerie für kritische Mineralien zu entwickeln, die sich auf die Verarbeitung von Tiefseeknollen konzentriert.

Die Zusammenarbeit zielt darauf ab, eine nachhaltige, inländische Lieferkette für seltene Erden und kritische Mineralien aufzubauen, mit Fokus auf Kupfer, Kobalt, Nickel, Mangan und seltene Erden aus Knollen, die in der Region Amerikanisch-Samoa gefunden werden. Die Initiative steht im Einklang mit den Exekutivbefehlen von Präsident Trump aus dem Jahr 2025 zu Offshore-Kritischen Mineralien und amerikanischer Mineralienproduktion.

Diese Partnerschaft folgt auf das jüngste MOU von ReElement mit Impossible Metals und wird bestehende Infrastruktur des Verteidigungsministeriums nutzen, indem die Knollensammeltechnologie von Impossible Metals mit der Raffinerieplattform von ReElement kombiniert wird, um eine durchgängige US-Lieferkette vom Meeresbodenabbau bis zur lokalen Raffination zu etablieren.

Positive
  • Strategic partnership to develop domestic critical mineral supply chain independent from China
  • Access to deep sea nodules rich in copper, cobalt, nickel, manganese, and rare earth elements
  • Potential to leverage existing Defense Department infrastructure for refining operations
  • Integration with Impossible Metals' proprietary collection technology creates complete supply chain solution
  • Alignment with federal executive orders supporting domestic mineral production
Negative
  • Project is still in early MOU stage with no definitive agreement
  • Significant regulatory and environmental approvals needed for deep sea mining operations
  • Complex infrastructure development required in American Samoa
  • Potential environmental concerns associated with deep sea mining

Insights

AREC partners with American Samoa to develop critical mineral refinery for deep sea nodules, strengthening domestic rare earth supply chain.

This MOU between ReElement Technologies and the American Samoa Economic Development Authority represents a strategically significant development in the U.S. critical minerals landscape. The agreement aims to establish a refining operation for processing deep sea nodules found near American Samoa, targeting copper, cobalt, nickel, manganese, and rare earth elements—all essential materials with supply chain vulnerabilities.

What makes this partnership particularly noteworthy is its alignment with two recent Executive Orders from the Trump administration that prioritize domestic mineral production and offshore resource development. This policy backing significantly enhances the partnership's viability and potential for government support. The agreement explicitly mentions leveraging Defense Department infrastructure, which could streamline permitting and reduce capital requirements for facility development.

This announcement builds upon ReElement's earlier MOU with Impossible Metals for toll processing of deep sea nodules, suggesting a rapidly developing vertical integration strategy. The company is positioning itself as a critical link in creating a non-Chinese supply chain for these strategic materials, addressing a major national security concern.

The technical significance here stems from combining ReElement's refining capabilities with access to nodule resources in American Samoa's waters. Deep sea nodules are particularly valuable as they contain multiple critical minerals in a single deposit and can be harvested with potentially less environmental impact than traditional mining. If successfully implemented, this initiative could establish a precedent for sustainable seabed resource development under U.S. jurisdiction.

From a competitive standpoint, this positions ReElement and American Resources Corporation at the forefront of a nascent but potentially transformative industry that combines resource security, advanced processing technology, and strategic geopolitical considerations in the critical minerals sector.

Joint effort aims to create a sustainable, domestic supply chain for rare earth and critical minerals from deep sea nodules

ReElement is commercially producing magnet-, specialty- and defense-grade, separated critical minerals and rare earth oxides in the United States

Agreement comes within two weeks of MOU signed with Impossible Metals on toll processing of deep sea nodules

FISHERS, IN / / July 30, 2025 / American Resources Corporation ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, is pleased to announce the signing of a Memorandum of Understanding (MOU) with the ("ASEDA"), a leading force in community-based economic collaboration and development to create opportunities in the Territory for new infrastructure, industrial, commercial and residential development.

The MOU outlines strategic goals of jointly investigating the development and deployment of a critical mineral refinery with a focus on deep sea nodules found in the American Samoa region. The initiative will be consistent with the U.S. for managing the environmentally-sustainable development of this region. The major outcome is focusing on unlocking a vertically integrated critical mineral supply chain solution, combining ReElement's with Impossible Metals' proprietary nodule collection technology with ReElement's innovative and industry-leading critical mineral refining platform to create a globally competitive, sustainable, and independent rare earth supply chain in the United States.

Key highlights of the MOU include:

  • Focus on essential elements: Copper, cobalt, nickel, manganese, and rare earth elements which are prevalent in the local nodules.

  • Joint commitment to explore a sustainable, non-China critical mineral supply chain to meet growing global demand.

  • Military base installation: Explore options to leverage existing Defense Department infrastructure.

  • Strategic collaboration to enhance and secure the global critical mineral value chain and identify further joint opportunities.

  • Integration of ReElement's platform, delivering high-throughput, low-waste, cost-effective refining of ultra-pure critical minerals.

  • End-to-end U.S. supply chain: From seabed mining in federal waters near American Samoa and refine locally.

The MOU follows President Trump's April 2025 Executive Order, Unleashing America's Offshore Critical Minerals and Resources, which underscores the urgency of domestic collaboration across the exploration, harvesting, processing, and environmental stewardship of seabed mineral resources.

Additionally, as outlined in President Trump's March 2025 Executive Order, Immediate Measures to Increase American Mineral Production, which promotes the placement of critical mineral refineries on federal military installations. This uniquely allow for ReElement's modular refining systems to operate and leverage government facilities on site.

Impossible Metals has played a direct role in shaping global policy on responsible seabed mining. At the regulatory level, Impossible Metals successfully requested the Department of the Interior to initiate permitting for deep sea minerals in U.S. federal waters and has personally updated members of the U.S. Congress on the importance of this unique feedstock.

Mark Jensen, CEO and Chairman of ReElement, commented, "Our team is excited to bring ReElement's advanced refining capabilities to this important mission and community. Plus working directly with a fellow Hoosier who is a true visionary will be very fulfilling and a full circle moment."

John Wasko, Executive Director of ASEDC, added, "The community members of American Samoa are tremendously skilled, industrious and good natured. We feel that the technology platform ReElement can bring will unlock not only economic benefits but help secure critical mineral dominance as ordered by President Trump."

The agreement marks another key milestone in the journey to deliver U.S.-processed, high-purity rare earth products to the global value chain and reinforces both companies' commitment to building a resilient, environmentally sound and sustainable supply network.

About American Samoa Economic Development Authority

The American Samoa Economic Development Authority strives to promote economic development in the territory through collaborative efforts with our private sector, business community, our people and government. The ASEDC creates government diversification of our economic pillars and places for the community to live, learn, play, work and do business.

About American Resources Corporation (NASDAQ:AREC)

American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals.

Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on , , and .

About ReElement Technologies Corporation

ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on , , and .

Learn more about ReElement Technologies' process and technology here - .

Special Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Investor Contact:

JTC Team, LLC
Jenene Thomas
(908) 824 - 0775
[email protected]

Media Inquiries:

Marjorie Weisskohl
703-587-1532
[email protected]

Company Contact:

Mark LaVerghetta
317-855-9926 ext. 0
[email protected]

SOURCE: American Resources Corporation



View the original on ACCESS Newswire

FAQ

What is the partnership between ReElement Technologies and American Samoa Economic Development Authority (ASEDA)?

ReElement Technologies and ASEDA signed an MOU to develop a critical mineral refinery in American Samoa, focusing on processing deep sea nodules to create a domestic supply chain for rare earth and critical minerals.

What types of minerals will AREC's ReElement Technologies extract from deep sea nodules?

The refinery will focus on extracting copper, cobalt, nickel, manganese, and rare earth elements from deep sea nodules found in the American Samoa region.

How does this partnership align with U.S. government initiatives?

The partnership aligns with President Trump's 2025 Executive Orders on offshore critical minerals and American mineral production, supporting domestic mineral supply chains and allowing refineries on military installations.

What is the significance of ReElement's partnership with Impossible Metals?

The partnership combines Impossible Metals' proprietary nodule collection technology with ReElement's refining platform to create an end-to-end U.S. supply chain for critical minerals.

How will this project benefit American Samoa?

The project aims to bring economic benefits to American Samoa through new infrastructure development, industrial growth, and employment opportunities while establishing critical mineral processing capabilities.
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