American Resources Closes $200M Strategic Equity Facility From Transition Equity Partners

$200 Million Strategic Equity Facility Accelerates U.S. and Allied Critical Mineral Refining Capacity

Marion, Indiana Facility Anchors Scalable Platform for Heavy Rare Earths, Defense Minerals, and Magnet Supply Chains

FISHERS, IN / ACCESS Newswire / January 5, 2026 / American Resources Corporation (NASDAQ:AREC) ("American Resources") through its minority holding in ReElement Technologies Corporation ("ReElement" or the "Company"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining for the commercial and defense industries, today announced the closing of a $200 million strategic equity facility from Transition Equity Partners, LLC (TEP).

This investment will accelerate the commercial deployment of ReElement's proprietary, multi-mineral refining platform, with an initial focus on the buildout of the Company's Marion, Indiana facility to meet near-term domestic demand. From this foundation, ReElement and TEP plan to strategically develop additional facilities across the United States and select international markets. Leveraging its versatile and modularly scalable refining architecture and proprietary chromatographic separation processes, the Marion site will focus on processing light rare earths, heavy rare earths and other critical defense elements. With TEP's support, the Marion facility will scale to an initial capacity greater than 10,000 metric tons per annum (MTPA) of refined critical minerals production sourced from recycled feedstocks, and mined mixed rare earth concentrates, with an ability to further scale in Marion and several other strategic locations.

ReElement is developing large-scale critical mineral processing and refining capacity to strengthen strategic United States supply chains. This includes the Company's recently announced partnership with the U.S. Department of War and Vulcan Elements to support a fully vertically integrated, domestic rare earth magnet supply chain. ReElement is also partnering with POSCO International Corporation, a global leader in steel, magnetic materials, and advanced industrial solutions, to further reinforce U.S.-based critical minerals and magnet production capabilities.

Beyond magnet supply chains, ReElement's proprietary chromatographic refining platform is uniquely capable of meeting demand for heavy rare earth elements and other critical defense materials that are not currently produced at scale in the United States. These include yttrium, gadolinium, germanium, antimony, terbium, dysprosium, and other essential minerals that underpin U.S. energy, advanced technology, and defense applications - and that remain subject to severe supply constraints and export controls from China.