Mon, 28 Nov 2022

Bob Galyen brings 46 years of battery industry experience which includes his time as CTO of CATL, the world's largest manufacturer of lithium batteries with over 84,000 employees

FISHERS, IN / ACCESSWIRE / September 29, 2022 / American Resources Corporation (NASDAQ:AREC) ('American Resources' or the 'Company'), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that its majority-owned ReElement Technologies LLC division ('ReElement') has added battery industry veteran and expert Bob Galyen to its advisory board.

Mark Jensen, CEO of American Resources Corporation commented, 'We are honored and excited that Bob has agreed to join the ReElement advisory board at such an exciting moment for our Company. From our conversations and his multiple visits to our facility in Noblesville, Indiana, it became very apparent that Bob was a natural fit for our team and culture. He brings a vast amount of experience to the Company in terms of battery manufacturing and recycling and will be extremely helpful in our ability to scale faster, better and stronger. The technical knowledge and understanding of the current market environment that he brings to ReElement is irreplaceable. Bob's time working with General Motors, Magna International, and CATL gives him tremendous breadth and depth of knowledge as well as industry relationships across all stages of the global battery supply chain that he is eager to share with our team as we scale the commercialization of our cost-effective, environmentally-sustainable battery metal recovery technology.

Bob Galyen, Advisory Board Member of ReElement Technologies LLC commented, 'I couldn't be happier to be joining ReElement Technology LLC at this pivotal moment of the Company. This team brings a very unique and exciting solution to the lithium-ion battery recycling sector at a time when lithium purification is desperately needed. I am excited to roll up my sleeves and share my technical and market experience with the team so that ReElement can expand their exciting technological solution within the growing battery sector.'

Bob Galyen Biography
Bob is recognized as one of the top executives in the battery energy industry with experience in technology and business operations of small and large corporations. His 46 years' work experience in battery technology, manufacturing and business operations has given him unique perspective on worldwide business, making him uniquely qualified as an energy storage global spokesperson. CATL became the largest battery manufacturer in the world in 5 years from startup with Bob as a part of the senior leadership serving as its Chief Technology Officer. He retired from CATL as CTO 3 years ago. He sits on multiple Board of Directors and Technical Advisory Boards of corporations within the USA. He was the first person to have been featured on the front cover of Batteries International magazine. Bob currently serves as Chairman Emeritus and CTO of NAATBatt International. His role as Chairman of the Battery Standards Steering Committee with 24 committees under his watch are very important to standards for ReElement.

ReElement Technologies is committed to expanding the zero-waste circular economy for both rare earth elements and critical battery metals. The Company has proven that its patented chromatographic separation and purification is a low cost, scalable, flexible and environmentally safe replacement to the existing environmentally and socially destructive alternatives used around the world for rare earth and critical element isolation and purification. As the Company executes and scales the production at our facilities, we will significantly reduce the United States' dependency on foreign nations for the supply of these critical raw materials while also creating a true circular life-cycle solution.

Learn more about ReElement Technologies' process and technology here - Video.

About American Resources Corporation
American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

About ReElement Technologies LLC
ReElement Technologies LLC is redefining how critical and rare earth elements are both sourced and processed while focusing on the recycling of end-of-life products such as rare earth permanent magnets and lithium-ion batteries, as well as coal-based waste streams and byproducts to create a low-cost and environmentally-safe, circular supply chain. ReElement Technologies has developed its innovative and scalable 'Capture-Process-Purify' process chain in conjunction with its licensed intellectual property including 16 patents and technologies and sponsored research partnerships with three leading universities to support the domestic supply chain's growing demand for magnet and battery metals. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words 'believes', 'may', 'will', 'should', 'would', 'could', 'continue', 'seeks', 'anticipates', 'plans', 'expects', 'intends', 'estimates', or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

PR Contact
Precision Public Relations
Matt Sheldon
917-280-7329
matt@precisionpr.co

Investor Contact:
JTC Team, LLC
Jenene Thomas
833-475-8247
arec@jtcir.com

RedChip Companies Inc.
Todd McKnight
1-800-RED-CHIP (733-2447)
Info@redchip.com

Company Contact:
Mark LaVerghetta
Vice President of Corporate Finance and Communications
317-855-9926 ext. 0
investor@americanresourcescorp.com

SOURCE: American Resources Corporation



View source version on accesswire.com:
https://www.accesswire.com/718068/American-Resources-Corporations-ReElement-Technologies-Adds-Battery-Industry-Veteran-Bob-Galyen-to-Advisory-Board

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