American Resources Corp (NASDAQ:AREC) earlier this week announced that its subsidiary Electrified Materials Corporation has procured its first battery shredding line as part of an expansion into lithium-ion battery recycling focused on lithium iron phosphate (LFP) chemistry. Speaking with Proactive, CEO Mark Jensen said Electrified Materials is designed to complement the company's ReElement refining platform by preprocessing recycled materials and supplying feedstock for downstream recovery operations.
American Resources expands LFP battery recycling – ICYMI
Source: Proactive Investors