American Resources Corp CEO Mark Jensen joined Steve Darling to announce that its subsidiary, ReElement Technologies Corporation, has signed a Memorandum of Understanding (MOU) with the American Samoa Economic Development Authority to explore the development of a critical mineral refinery in the region. This strategic collaboration marks a significant step toward building a vertically integrated and sustainable rare earth and critical mineral supply chain within the United States.
The initiative will focus on investigating the potential of deep sea nodules found in the waters surrounding American Samoa—an area Jensen described as a promising opportunity for securing domestic mineral feedstock while aligning with environmental and regulatory guidelines set by the U.S. Department of the Interior.
The project would integrate Impossible Metals’ cutting-edge, environmentally responsible nodule collection technology with ReElement’s proprietary refining platform. Impossible Metals has actively influenced federal policy on seabed mining and has advocated for initiating permitting processes for deep sea minerals in U.S. federal waters.
Jensen emphasized the partnership's long-term vision: to create a globally competitive, U.S.-based rare earth supply chain that reduces dependence on foreign sources, supports national security, and fosters economic development in American Samoa. The collaboration aligns with broader federal priorities for sustainable resource development and critical mineral independence.
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