Benzinga | Feb 16, 2021 08:04AM EST

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 utilizes coal, coal byproduct and fly ash electrolysis for rare earth separation, graphene, hydrogen, liquid fuels and carbon nanotubes production

FISHERS, 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 Production

* Simultaneous Removal of Ammonia, Urea, and Metals from Water

* Methods for the Synthesis of Graphene from Coal, Carbon Chars, and Carbon Solid Sources

* Roll-to-Roll Transfer of Graphene and Substrate Recovery