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American Resources Corporation (NASDAQ: AREC) is a next-generation, environmentally, and socially responsible supplier of high-quality raw materials critical to global infrastructure and electrification markets. Headquartered in Fishers, Indiana, the company was founded in 2006 and has a robust portfolio of operations in the Central Appalachian basin of eastern Kentucky and southern West Virginia.
American Resources focuses on the extraction and processing of metallurgical carbon, essential for steelmaking, and critical and rare earth minerals, vital for the electrification market. The company’s operations are centered on providing premium-quality metallurgical carbon and rare earth mineral deposits. In recent years, American Resources has expanded its efforts to include reprocessed metal recycling.
The company boasts a cutting-edge subsidiary, ReElement Technologies Corporation, which specializes in the high-performance refining of rare earth and critical battery elements. ReElement has developed the innovative 'Capture-Process-Purify' process chain, which is both scalable and environmentally safe. This patented technology, supported by 16 licensed patents and partnerships with leading universities, redefines how critical and rare earth elements are sourced and processed, particularly focusing on recycling end-of-life products like rare earth permanent magnets and lithium-ion batteries.
Recent achievements include the establishment of the advanced ReElement refining campus in Marion, Indiana. This facility aims to reduce reliance on Chinese refining capabilities by significantly increasing domestic production of high-purity rare earth and battery elements. Notable projects include collaborations aimed at processing lithium brine feedstocks and integrating advanced technologies for the separation and purification of critical minerals.
The company is also known for its nimble, low-cost business model that emphasizes growth and efficiency. This approach allows American Resources to maximize margins while reducing costs, making it highly competitive in the global market. Additionally, the recent $150 million tax-exempt bond offering for the development of the Kentucky Lithium refining facility highlights its strategic focus on scaling operations and securing growth capital.
American Resources is actively engaged in several international and domestic collaborations aimed at enhancing the supply chain for critical minerals, including partnerships with LVC Global Holdings and membership in the Defense Industrial Base Consortium. These efforts are intended to bolster the company's role in supporting national security and advancing sustainable practices in critical mineral refining.
For more information, visit americanresourcescorp.com or connect with the company on Facebook, Twitter, and LinkedIn.
American Resources Corporation (NASDAQ:AREC) will be featured on The RedChip Money Report on Bloomberg Network on May 22nd at 7 p.m. local time. CEO Mark Jensen will discuss milestones and the company's commitment to producing high-quality raw materials for the infrastructure and electrification markets, focusing on metallurgical carbon, critical minerals, and recycling. The company operates mainly in the Central Appalachian basin, where it sources premium materials. View the segment here.
American Resources Corporation (NASDAQ: AREC) has appointed a project manager for its 2kW mobile electrolytic cell rare earth element (REE) processing plant, marking a key step towards commercialization. The project manager will work at Texas Tech University's Innovation Hub, collaborating with the institution's sponsored research program. The facility is expected to be operational by Q4 2021. This initiative aligns with American Resources' commitment to sustainable raw material supply for electrification, aiming to maximize value for investors while reducing legacy costs.
American Resources Corporation (NASDAQ:AREC) has announced it will report its first quarter 2021 financial results on May 12, 2021. The management will host a conference call at 4:30 PM ET that day to discuss the results and provide a business outlook. The company focuses on sustainable resource supply for the infrastructure and electrification markets, particularly in metallurgical carbon and rare earth minerals. Investors can join the call via phone or webcast, with an audio replay available afterward.
American Resources Corporation (NASDAQ:AREC) has expanded its partnership with Purdue University to enhance rare earth element purification technology. Building on prior successes, the expansion includes refining processes to recycle critical materials from lithium-ion batteries and coal byproducts. The company aims to establish a sustainable supply chain for rare earth elements and focuses on the recycling of waste products from electric vehicles and other technologies. This initiative positions American Resources as a key player in the U.S. market for rare earth elements, enhancing its operational efficiency and growth potential.
American Resources Corporation (AREC) has been selected as a member of the CORE-CM consortium led by Penn State, securing a $1.2 million grant from the Department of Energy. This initiative aims to assess and recover rare earth elements and critical minerals from waste streams in Northern Appalachia. The company, which has acquired 16 patents for producing REEs and critical minerals, aims to commercialize its Capture - Process - Purify technology. CEO Mark Jensen emphasized the partnership's role in strengthening the domestic supply chain for these essential resources.
Novusterra Inc. has expanded its operational capabilities by hiring key personnel to develop a graphene and carbon nanotube supply chain. The new hires include Michael Laub as Director of Sales, Gloria Lynch as Director of Purchasing, and Evelyn Nichols as a marketing consultant. CEO Andrew Weeraratne emphasized the company's commitment to driving growth in the graphene market. Novusterra aims to harness low-cost carbon-based feedstock for high-tech applications in energy storage and water filtration, leveraging patents through a sublicense with American Resources Corporation (AREC).
American Resources Corporation (NASDAQ:AREC) is advancing its fly ash sampling program to extract critical rare earth elements (REEs) using innovative electrolysis technology. This approach aims to monetize coal waste while addressing environmental concerns. CEO Mark Jensen emphasized the project's cost-effectiveness and scalability, differentiating their process in the market. The company is currently sampling multiple fly ash deposits across North America and plans to deploy a mobile electrolytic facility by Q4 2021. This initiative aligns with their strategy to supply sustainable raw materials for infrastructure and electrification.
Novusterra Inc. has appointed Dr. Byron E. Price as an Independent Director, aiming to enhance its business in graphene applications within water filtration and energy storage. Dr. Price, a seasoned academic with extensive international experience, will support Novusterra's expansion strategies. CEO Andrew Weeraratne expressed excitement about Dr. Price's solutions-driven approach. Novusterra's technology leverages low-cost coal feedstock for environmentally friendly graphene production, supported by patents licensed from American Resources Corporation (NASDAQ:AREC).
American Resources Corporation (NASDAQ:AREC) announces its participation in the Virtual Investor 'Ask the CEO' event on April 21, 2021, at 1:00 PM ET. Mark Jensen, Chairman and CEO, will present and engage in a live Q&A session, allowing retail investors to ask questions either live or pre-submit via virtualinvestorco.com. The Company focuses on providing raw materials for the electrification market, with operations in the Central Appalachian basin.
American Resources Corporation (NASDAQ:AREC) announced that CEO Mark Jensen will present at the H.C. Wainwright Mining Conference on November 30 at 2:30 PM ET. The event will include a live video webcast, allowing participation from qualified investors for one-on-one meetings. American Resources focuses on supplying high-quality metallurgical carbon for the infrastructure market, with operations in eastern Kentucky and southern West Virginia. Its low-cost model positions the company for growth while mitigating industry risks.
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