Benzinga | Feb 9, 2021 08:12AM EST

American Resources Corporation Engages William E. Smith III As Advisor To Design, Build And Provide Operational Support Of Rare Earth Element Purification Facility

* William E. Smith III will advise the Company on the development of rare earth element processing using ligand-assisted chromatography; An environmentally safer method of rare earth and critical material separation and purification

* Company to supply the electrification market with isolated pure rare earth elements from domestic sources

FISHERS, IN / ACCESSWIRE / February 9, 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 they have engaged technology veteran William E. Smith III to lead the design, build and operation phase of its rare earth and critical mineral purification facilities utilizing ligand assisted displacement ("LAD") chromatography technology, which was recently licensed in partnership with Hasler Ventures and Purdue University.

Mr. Smith, president of CMID, Inc, gained his experience during his thirty-three year career at Eli Lilly and Co. (LLY) overseeing technical support of their worldwide manufacturing facilities and responsible for worldwide planning, design, and construction of capital projects. During his tenure at Eli Lilly, he was intimately involved with the chromatography process including the engineering, building out of their facilities and manufacturing operations. Mr. Smith received his Bachelor of Science in Chemical Engineering from Purdue University and is the recipient of the school's Distinguished Engineering Alumnus Award.