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American Resources Corporation's Subsidiary, ReElement Technologies Corporation, Partners with TECHGULF Ghana to Launch Africa’s First Lithium Processing Plant in Ghana
Partnership showcases Reelement's value-added attributes as a scalable, low cost and clean critical mineral refining platformGhanaian, commercial-scale
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[{"type":"text","content":"Partnership showcases Reelement's value-added attributes as a scalable, low cost and clean critical mineral refining platformGhanaian, commercial-scale facility will be built with initial refining capacity to produce 30,000 metric tons of battery-cell-grade lithium carbonate per yearACCRA, GHANA and FISHERS, IN / ACCESSWIRE / December 11, 2023 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\") subsidiary, ReElement Technologies Corporation (\"ReElement\"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, announced today that it has joined forces with TECHGULF Ghana Limited, a prominent technology firm, to introduce Africa's inaugural lithium processing and refining plant in Ghana.This ground-breaking initiative, unveiled during a courtesy call on the Vice President of the Republic of Ghana, His Excellency Dr. Mahamudu Bawumia, signals a significant leap forward in Africa's quest for sustainable energy solutions and economic development driven by the growing lithium industry. This collaborative effort reflects a commitment to advancing Ghana's lithium discovery and supporting the global demand for electric vehicle components. The full scope includes improving the value step by importing ReElement's high-value technology in processing and refining lithium ore in Ghana by Ghanaians in Africa. In a statement, Dr. Mahamudu Bawumia expressed his enthusiasm for the partnership, stating, \"We are delighted to witness the collaboration between ReElement Technologies Corporation and TECHGULF Ghana in establishing Africa's first battery-grade lithium processing plant. This initiative aligns seamlessly with Ghana's commitment to sustainable development and positions the country as a key player in the rapidly evolving electric vehicle sector.\"The joint venture aims to initially construct an advanced pilot, training facility for lithium processing in Ghana emphasising workforce skill development and knowledge transfer to empower local talent in the burgeoning lithium industry through the University of Mines and Technology (UMaT). This facility will play a pivotal role in enhancing Ghana's technological capabilities and fostering innovation in the region. Given ReElement's unique technological advantages, the Ghanaian commercial-scale refining facilit...