American Rare Earth Partners with IN3 for Industry and Supply Chain Collaboration

American Resources Corporation, a socially responsible supplier of rare earths and critical elements, carbon and advanced carbon materials for new infrastructure and electrification markets, announced that its subsidiary American Rare Earth LLC (ARE) has partnered with a leading applied research institute and collaborative organization, the Indiana Innovation Institute (IN3), to further ensure the company’s commercial production of critical elements and rare earth elements such as lithium, cobalt, nickel, neodymium, praseodymium and dysprosium at its production facilities.

Comprised of top leaders from academia, government, and industry, IN3 will streamline processes and foster partnerships to accomplish business innovation in the face of strong demand.

IN3 builds research teams to increase the chances of winning major grants and contracts. Its vast resources and partners include the nation's top laboratories, research facilities and talent, enabling it to manage complex technology projects. This includes identifying viable technology options, working with new partners from industry, academia and government, and pairing with subject matter experts - all with the goal of turning ideas into results.

Stephen E. Kelly, President, and CEO of IN3, commented, "With the rapidly growing domestic demand for electric motors and battery pairs, we are excited about providing added value to the processes and technologies of U.S. rare earth companies. We are excited to be a part of this and to expand our expertise and help them grow."

Mark Jensen, CEO of American Resources, said, "IN3 is the organization we look to partner with as we expand the commercialization of our patents, and their network of business leaders, government relationships, and industry contacts will help us grow quickly; our initial collaboration with the organization has already yielded effective results, and we look forward to further collaboration. "

Through its innovative process chain, American Rare Earth. is bringing viable solutions to the domestic supply chain of critical and rare earth elements. In addition, its low-cost and environmentally safe proprietary processes address U.S. supply chain, sustainability, and safety challenges. With the depth and strength of the institute 's management, board of directors, and partners, American Rare Earth anticipates a productive collaboration.

IN3 works with academia, industry and government to create a National Security Innovation Center to help address critical defense priorities. The institute connects regional, state, and national partners in a variety of ways, including convening research and commercial teams to address emerging technology challenges for the Department of Defense. The institute focuses on hypersonic technologies, cyber-physical systems, trusted microelectronics, and artificial intelligence.

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