American Resources Corp's ReElement Technologies Has Signed A Memorandum Of Understanding To Develop A Commercial Partnership For Rare Earth Element Refining, Recycling And Offtake
American Resources Corp's ReElement Technologies Has Signed A Memorandum Of Understanding To Develop A Commercial Partnership For Rare Earth Element Refining, Recycling And Offtake
This collaboration will integrate ReElement's efficient magnet recycling and rare earth ore refining processes into POSCO's global rare earth magnet manufacturing network. ReElement will become the primary North American refiner, supplying POSCO with both heavy and light rare earth elements, supporting POSCO's permanent magnet vertical as they satisfy the nearly $900MM in announced OEM contracts. Additionally, ReElement will recycle waste magnets and manufacturing scrap, reintroducing these materials into POSCO's production process. Together, ReElement and POSCO will also offer a circular supply chain solution for high-value magnet materials to POSCO's existing and future clients.Companies enter into a Memorandum of Understanding (MOU) to develop a commercial partnership for rare earth element refining, recycling and offtake
公司簽署諒解備忘錄（MOU），旨在開發稀土元素精煉、回收和銷售的商業合作伙伴關係
ReElement will utilize its proprietary technology for rare-earth magnet recycling and ore purification to produce magnet-grade rare earth oxides to power POSCO's magnet manufacturing
ReElement將利用其專有技術進行稀土磁鐵回收和礦石提純，生產磁級稀土氧化物，以供給浦項鋼鐵（POSCO）的磁鐵製造
FISHERS, IN / ACCESSWIRE / November 21, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has signed a Memorandum of Understanding (MOU) with POSCO International ("POSCO").
印第安納州費舍斯/ACCESSWIRE/2024年11月21日/美國資源公司（NASDAQ:AREC）（「美國資源」或「公司」）今天宣佈，其全資子公司ReElement Technologies Corporation（「ReElement」），作爲稀土和關鍵電池元素高性能精煉能力的領先提供者，已與浦項國際（「浦項鋼鐵」）簽署了一項諒解備忘錄（MOU）
This collaboration will integrate ReElement's efficient magnet recycling and rare earth ore refining processes into POSCO's global rare earth magnet manufacturing network. ReElement will become the primary North American refiner, supplying POSCO with both heavy and light rare earth elements, supporting POSCO's permanent magnet vertical as they satisfy the nearly $900MM in announced OEM contracts. Additionally, ReElement will recycle waste magnets and manufacturing scrap, reintroducing these materials into POSCO's production process. Together, ReElement and POSCO will also offer a circular supply chain solution for high-value magnet materials to POSCO's existing and future clients.
這一合作將使ReElement的高效磁鐵回收與稀土礦提煉工藝整合到浦項全球稀土磁鐵製造網絡中。ReElement將成爲主要的北美精煉廠商，向浦項提供重型和輕型稀土元素，支持浦項的永磁垂直產品線，滿足近9億美元的OEm合同。此外，ReElement還將回收廢棄磁鐵和製造廢料，將這些材料重新引入浦項的生產過程。ReElement和浦項將爲高價值磁體材料提供循環供應鏈解決方案，服務於浦項現有和未來的客戶
譯文內容由第三人軟體翻譯。
