American Resources Corporation Selected as a Consortium Member in U.S. Department of Energy Contract to Assess Northern Appalachian Critical and Rare Earth Elements
Company expands its partnership with Penn State as a member of CORE-CM consortium
FISHERS, IN / ACCESSWIRE / May 5, 2021 / American Resources Corporation (NASDAQ:AREC) ( American Resources or the Company ), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that the Department of Energy s National Energy Technical Laboratory ( NETL ) has selected a Consortium to Assess Northern Appalachia Resource Yield ( CANARY )
, led by Penn State , which includes American Resources, for an award targeting rare earth element ( REE ) and critical mineral recoveries from waste streams. The grant, Carbon Ore, Rare Earth and Critical Minerals (CORE-CM) Initiatives for U.S. Basins, will assess and catalog Northern Appalachian sources of REEs an