American Resources Corporation (NASDAQ:AREC) announced that its majority-owned ReElement Technologies LLC division has appointed battery industry veteran and expert Bob Galyen to its advisory board.
The supplier of rare earth and critical elements said Galyen brings 46 years of battery industry experience that includes time as chief technology officer of CATL, the world's largest manufacturer of lithium batteries.
“Bob's time working with General Motors, Magna International (TSX:MG), and CATL gives him tremendous breadth and depth of knowledge as well as industry relationships across all stages of the global battery supply chain that he is eager to share with our team as we scale the commercialization of our cost-effective, environmentally-sustainable battery metal recovery technology,” American Resources Corporation (NASDAQ:AREC) CEO Mark Jensen said in a statement.
READ: American Resources says subsidiary signs MOU with USA Rare Earth Magnets to create first domestic supply chain for rare earth magnets
ReElement Technologies has proven that its patented chromatographic separation and purification is a low cost, scalable, flexible and environmentally safe replacement to the existing environmentally and socially destructive alternatives used around the world for rare earth and critical element isolation and purification, according to the company.
American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.
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