AREC and ERI Join Forces to Strengthen U.S. Rare-Earth Supply Chain

American Resources Corporation’s (AREC) portfolio company, ReElement Technologies, recently entered a rare-earth elements processing partnership with ERI. Per the agreement, ERI will utilize its extensive nationwide electronics-recycling network and U.S. processing facilities to collect and pre-process magnet-bearing materials recovered from end-of-life devices. ReElement Technologies will then refine this recycled magnet feedstock into high-purity rare-earth oxides, with trial shipments of 99.99%+ pure rare-earth oxides already underway to qualified commercial and defense-sector customers. ReElement is currently taking orders for these materials, and production is ongoing at its Noblesville, IN, plant. Both companies note that this collaboration marks a step toward establishing a reliable domestic supply of refined rare-earth materials. The partnership is considered a critical move in building a circular, U.S.-based supply chain for rare-earth elements, reducing dependence on imports amid rising demand from electric mobility, defense and advanced-technology applications. The initiative is expected to gain further scale once large-scale commercial production at ReElement’s 400,000-square-foot Marion, IN, processing complex commences in early 2026. Shares of AREC have rallied 133.6% over the past year compared to its industry’s modest 14.8% rise. Image Source: Zacks Investment ResearchAREC Zacks Rank & Other Key PicksAREC currently carries a Zacks Rank of #2 (Buy). Other top-ranked stocks in the Basic Materials space include Equinox Gold Corp. EQX, Barrick Mining Corporation B  and CSW Industrials, Inc. CSW. EQX, B and CSW carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank here.The Zacks Consensus Estimate for EQX’s current fiscal-year earnings is pegged at 52 cents per share, indicating a 160% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with an average surprise of 87%. The Zacks Consensus Estimate for B’s current-year earnings is pegged at $2.25 per share, indicating a 79% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 9%. The Zacks Consensus Estimate for CSW’s current fiscal-year earnings is pegged at $10.4 per share, indicating a 24% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 7%.  Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. 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 Barrick Mining Corporation (B): Free Stock Analysis Report American Resources Corporation (AREC): Free Stock Analysis Report Equinox Gold Corp. (EQX): Free Stock Analysis Report CSW Industrials, Inc. (CSW): 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