$20 million in non-dilutive capital will drive significantly expansion of of rare earth oxides, lithium carbonate and defense mineral production across Marion and Noblesville, Indiana

The equipment financing, combined with previously announced DoD contract and existing equity capital, will be directed toward scaling operations in Marion, IN for large-scale production of rare earth oxides from magnets and lithium carbonate from LFP black mass

FISHERS, IN / ACCESS Newswire / September 10, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), through its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, todayannounced that it has secured a $20 million equipment leasing facility from Maxus Capital Group, LLC. The capital will fund large-scale equipment purchases to expand rare earth, battery materials and critical defense element production lines at ReElement's Marion, IN and Noblesville, IN facilities.