American Res Corp Stock Price, News & Analysis

American Resources Corporation (NASDAQ:AREC) plans to establish a new recycling facility for lithium-ion batteries and rare earth magnets by 2025, targeting an annual capacity of 90,000 tons of battery black mass and 5,000 tons of rare earth magnets. Site options are narrowed to Indiana or West Virginia, with engineering already underway. The facility will utilize patented chromatography technology for high-purity material production. The initiative aligns with growing demand for domestically sourced materials, driven by the Inflation Reduction Act and electric vehicle adoption.

American Resources Corporation (NASDAQ:AREC) has announced a partnership with RecycleForce to create the first commercial-scale facility for rare earth elements and critical battery materials in the U.S. The partnership aims to source end-of-life products for rare earth and battery elements, which will be processed by ReElement Technologies. This initiative seeks to reduce the dependency on foreign sources and enhance the domestic supply chain while providing job training and employment opportunities for disadvantaged communities. The innovative technology will contribute to environmental sustainability and efficient recycling.

American Resources Corporation (NASDAQ:AREC) announced its participation in the H.C. Wainwright 24th Annual Global Investment Conference, held from September 12-14, 2022, in New York and virtually. Mark LaVerghetta, VP of Corporate Finance and Communications, will present at the conference. The company aims to engage with qualified investors through one-on-one meetings. A video of the presentation will be available on-demand for registered attendees starting September 12. American Resources focuses on providing carbon, rare earth, and critical elements for the electrification market.

American Resources Corporation (NASDAQ:AREC) announced its participation at The Battery Show North America from September 13-15, 2022, in Novi, Michigan. Key executives from its subsidiary, ReElement Technologies, will attend the event to showcase their innovative processes for producing battery-grade materials from recycled sources.

With the recent Inflation Reduction Act, there is heightened interest in domestic supply chains for battery materials. ReElement aims to reduce reliance on foreign sources and foster a circular economy in the electrified market.

American Resources Corporation (NASDAQ:AREC) will present a live video webcast on September 8, 2022, at 1:00 PM ET. CEO Mark Jensen and COO Jeff Peterson of ReElement Technologies will be featured, discussing the company's role in providing carbon and rare earth products for infrastructure and electrification. The presentation will allow live Q&A from investors and will be accessible on the company’s Investors page for 90 days post-event.

Novusterra has acquired exclusive patent rights for graphene and carbon nanostructure technology from American Resources Corporation for $16 million in stock. This acquisition positions Novusterra to leverage low-cost waste carbon in manufacturing, significantly advancing its sustainability goals. Management from American Resources will lead Novusterra, and partnerships with Texas Tech University and ReElement Technologies are expected to enhance commercialization efforts. The global graphene market is expanding, targeting applications in semiconductors, electronics, and energy storage.

American Resources Corporation has sold its exclusive patent rights in carbon nanostructure and graphene technology to Novusterra Inc. for $16 million in stock. Members of American Resources will join Novusterra's management and Board. The company plans to dividend most of the shares received to investors before Novusterra's public offering, pending regulatory approvals. The transaction aims to unlock value for shareholders and support growth in sectors like batteries and sustainable infrastructure. The deal also includes collaborative efforts to advance technology commercialization.

American Resources Corporation (NASDAQ:AREC) has authorized a share repurchase program for up to $10 million in stock. This initiative reflects the company's commitment to enhancing shareholder value and confidence in its market opportunities, particularly in its American Carbon and ReElement Technologies divisions. The program allows for repurchases through various means, subject to market conditions, and will expire on September 15, 2023. The management aims to leverage its financial flexibility to invest in long-term growth while maintaining streamlined operations.

American Resources Corporation (NASDAQ:AREC) has expanded its non-dilutive credit facility by $15 million to fuel growth initiatives at its American Carbon division. This traditional equipment loan offers operational flexibility, enabling management to draw funds as needed to enhance production and margins. The loan, secured by equipment, has a 36-month term with an effective initial interest rate of approximately 14.48%. The company aims to streamline operations and maximize shareholder value while focusing on sustainable practices and a robust growth pipeline in the electrification sector.