American Rare Earths and Materials Corp. (fka AREM)

[jcljack25]

American Rare Earths & Materials Fights Chinese Stronghold and Monopolization With American Based Solutions in Rare Earths Extraction and Applications

Press Release Source: American Rare Earths and Materials, Corp. On Tuesday October 26, 2010, 9:30 am EDT
TORONTO, Oct. 26, 2010 (GLOBE NEWSWIRE) -- Dr. Nataliya Hearn, CEO of American Rare Earths & Materials, Corp. (OTCBB:AREM - News) (the "Company"), announced new technology and business platforms to fight the Chinese stronghold of Rare Earth metals. Dr. Hearn noted China's refusal to resume exports of Rare Earth metals to Japan has now expanded to Europe and the United States according to The New York Times (http://www.nytimes.com/2010/10/25/business/global/25rare.html?ref=china) and stated that the Company's focus on Rare Earths and Materials processing and applications will provide economical alternatives to the "latest act of Chinese aggression."

The company's new structure consists of three (3) main business platforms providing immediate solutions to potential shortages and growth of the companies future revenue streams:

Industrial Applications -- providing Rare Earth metals, super alloys, and advanced chemicals to the industrial and commercial markets
Mining and Processing -- providing new supply of Rare Earth metals and other strategic resources to the global market from new mining sources and new extraction technologies of the tailings from current mining facilities
Licensing and Marketing -- selling industrial, ingredient and consumer brands and technologies under the AREM umbrella
"Our overall goal is to provide new applications and solutions for large industrial customers in the North American markets to compete and provide solutions to the current Chinese embargo. Our expertise in Rare Earth metals is substantial, including development of applications in consumer and industrial applications," stated Dr. Hearn.

Since 2002, the company has been commercializing Rare Earth metals. This has led to the development of a unique value chain that includes the extraction of Rare Earth metals, the development of patented Rare Earth metal super alloys and the manufacture of end products using Rare Earth metal components.

Dr. Hearn noted, "Our expertise in this category has begun to be recognized, we are approaching a 52-week high in our market capitalization and we are on path to announce several new strategic partnerships and relationships."