AREC's Portfolio Company Expands Critical & Rare Earth IP Portfolio

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AREC's Portfolio Company Expands Critical & Rare Earth IP Portfolio

American Resources Corporation’s AREC portfolio company, ReElement Technologies,  recently announced that it has broadened its intellectual property (IP) portfolio with the filing of five new patent applications designed to advance its high-purity refining platform for critical minerals and rare earth elements. 

The company stated that these filings build upon its proprietary chromatographic process and advanced separation methods, enabling ReElement to refine antimony, germanium, gallium, terbium, gadolinium and yttrium to exceptionally high purities ranging from 99.5% up to 99.999%, depending on the element. 

ReElement noted that these patents expand its ability to process both heavy and light rare earth elements as well as strategically important critical minerals essential for defense systems, semiconductors, magnets, advanced optics and clean-energy technologies.  

The company emphasized that the new IP strengthens its vision of a modular, clean and scalable domestic refining infrastructure that can be deployed near mining, recycling or concentration sites, reducing capital intensity and environmental impact compared with traditional solvent-extraction methods. The patent expansion was supported through a non-dilutive financial arrangement with Royalty Management Holding Corp., which will get a royalty interest on refined output under the patented processes. 

Shares of AREC have popped 153.4% year to date compared with the industry’s 31.5% rise. 

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AREC Zacks Rank & Other Key Picks

AREC currently carries a Zacks Rank of #2 (Buy). 

Some other top-ranked stocks in the Basic Materials space are BHP Group Limited BHPOR Royalties Inc. OR and Vox Royalty Corp. VOXR. BHP sports a Zacks Rank of #1 (Strong Buy), while OR and VOXR carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank here.

The Zacks Consensus Estimate for BHP’s current-year earnings is pegged at $4.59 per share, indicating a 26.1% year-over-year increase. Shares of BHP have jumped 15.4% over the past year. 

The Zacks Consensus Estimate for OR’s current fiscal-year earnings is 83 cents per share, indicating a 60% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing one, with the average surprise being 4%. 

The Zacks Consensus Estimate for VOXR’s current fiscal-year earnings is pegged at 6 cents per share, indicating a 300% year-over-year increase. Shares of VOXR have surged 112.7% over the past year. 


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BHP Group Limited Sponsored ADR (BHP): Free Stock Analysis Report
 
OR Royalties Inc. (OR): Free Stock Analysis Report
 
American Resources Corporation (AREC): Free Stock Analysis Report
 
Vox Royalty Corp. (VOXR): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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