American Resources Expands Rare Earth Element Purification Capacity

American Resources Corporation AREC, through its stake in ReElement Technologies Corporation, a leader in high-performance refining for rare earth elements, critical defense materials and battery components, has unveiled a groundbreaking preparative scale sequential simulated moving bed (SSMB) production unit. This cutting-edge technology marks a major leap for AREC in the process of refining critical minerals. AREC is at the forefront of the domestic market and committed to deploying the fastest and most efficient refining solutions for vital materials, including rare earth elements, battery materials and other strategic metals like antimony, all of which are aimed at supporting national defense and industry needs.The newly commissioned equipment marks the addition of a third dedicated chromatography line at American Resources’ Noblesville, IN facility. Each of these lines has been meticulously designed to handle specific rare earth and critical elements. This expansion will significantly boost the facility's daily refining capacity for essential rare earth elements like neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb) while broadening the range of minerals the platform can process, while accelerating its speed to market.By investing in cutting-edge technology, American Resources underscores its dedication to excellence, scientific progress and providing the world’s most scalable and versatile refining solutions. Looking ahead, the company is eager to harness this new capability to drive innovation and fast-track advancements in refining critical materials.AREC stock has lost 73.1% in the past year compared with the 6.1% decline of the industry.Image Source: Zacks Investment ResearchAREC’s Rank & Key PicksAREC currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, ArcelorMittal MT and Axalta Coating Systems Ltd. AXTACarpenter Technology currently carries a Zacks Rank #2 (Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.7%. The company's shares have soared 178.9% in the past year. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for ArcelorMittal’s current-year earnings is pegged at $3.72 per share. MT, which carries a Zacks Rank #2, surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed one, with the average earnings surprise being 4.11%. The company's shares have rallied 21.8% in the past year.Axalta Coating Systems, which currently carries a Zacks Rank #1, beat the consensus estimate in each of the trailing four quarters. In this time frame, it delivered an earnings surprise of roughly 16.3%, on average. AXTA’s shares have gained 3.4% over the past year.  Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ArcelorMittal (MT): Free Stock Analysis Report Carpenter Technology Corporation (CRS): Free Stock Analysis Report Axalta Coating Systems Ltd. (AXTA): Free Stock Analysis Report American Resources Corporation (AREC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks