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American Resources' ReElement Signs Rare Earth Offtake Deal With POSCO; Shares Rise
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American Resources' ReElement Signs Rare Earth Offtake Deal With POSCO; Shares Rise
Sep 29, 2025 8:47 AM

11:19 AM EDT, 09/29/2025 (MT Newswires) -- American Resources ( AREC ) said Monday its ReElement Technologies unit signed a long-term offtake partnership with POSCO International America to strengthen US rare earth refining capacity.

The partnership combines ReElement's chromatographic separation platform with POSCO's industrial expertise and aims to support sustainable supply chains for defense, clean energy, and advanced technologies.

Key elements include a joint task force for sourcing rare earths, initial oxide offtake scaling to more than 3,000 metric tons by 2030, and co-development of refining capacity in the US.

Financial terms of the collaboration were not disclosed.

Shares of American Resources ( AREC ) were up more than 14% in recent trading.

Price: 3.18, Change: +0.40, Percent Change: +14.21

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