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American Resources Corporation Signs Exclusive Licenses for Rare Earth Mineral Processing and Graphene Patents from Ohio University
Patents and technologies enhance the Company's "Capture. Process. Purify." technology chain for rare earth mineral production The processing technology
About this update from American Resources Corporation
[{"type":"text","content":"Patents and technologies enhance the Company's \"Capture. Process. Purify.\" technology chain for rare earth mineral production The processing technology utilizes coal, coal byproduct and fly ash electrolysis for rare earth separation, graphene, hydrogen, liquid fuels and carbon nanotubes productionFISHERS, IN / ACCESSWIRE / February 16, 2021 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\"), a next generation and socially responsible supplier of raw materials to the new infrastructure marketplace, today announced that it has expanded its patent and technology base to be used for rare earth element (\"REE\") and critical mineral separation as well as the future production of graphene and advanced carbon products. The suite of patents was originally developed by Dr. Gerardine Botte, the current Whitacre Department Chair in Chemical Engineering at Texas Tech University, an independent board member of American Resources Corporation and Chief Technical Officer of Advanced Carbon Materials, a subsidiary of American Resources Corporation. Dr. Botte developed and patented these technologies when she served as Ohio University's Distinguished Professor and Russ Professor of Chemical and Biomolecular Engineering.Pursuant to the licensing agreement, American Resources has the exclusive domestic rights, and the exclusive option on international rights for the following patents:Coal Electrolysis: Hydrogen, Liquid Fuels, and Carbon Nanotubes ProductionSimultaneous Removal of Ammonia, Urea, and Metals from WaterMethods for the Synthesis of Graphene from Coal, Carbon Chars, and Carbon Solid SourcesRoll-to-Roll Transfer of Graphene and Substrate RecoveryDr. Botte comments, \"I am excited and anxious to get started on commercializing these patents that I have put my heart and soul into developing and refining. These patents and further work we are conducting with electrolysis lives at the heart of the \"Process\" stage of American Rare Earth's \"Capture-Process-Purify\" technology chain that we have been building as a company. The amazing aspect of electrolysis is that it will not only help us separate and improve our rare earth oxide concentrate, but it can also be a profit center from the byproducts derived during the operation and be an overall environmentally positive process.\"The licensed suite of te...