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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 (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.
JTC Team is hosting a Virtual Investor 'Ask the CEO' event from April 21-23, 2021, featuring American Resources Corporation (NASDAQ:AREC), urban-gro, Inc. (NASDAQ:UGRO), and SinglePoint Inc. (OTC PINK:SINGD). This event allows retail investors to engage directly with company executives, offering a brief presentation followed by a 20-minute Q&A session. Investors can submit questions live or in advance via virtualinvestorco.com. The initiative aims to empower the growing community of retail investors.
Novusterra Inc. has closed an oversubscribed private placement of $316,512, exceeding the $250,000 target by issuing 633,024 shares at $0.50 per share. The funds will support the S-1 registration and further development of graphene patents for energy storage and water filtration. The company has received approval for a 3-for-1 reverse stock split and has converted Class B shares to Class A shares, ensuring a 50% equity stake for American Resources Corporation in Novusterra.
American Resources Corporation (NASDAQ:AREC) announced the successful partial exercise of the underwriter's over-allotment option for their SPAC, American Acquisition Opportunity Inc., closing with an additional 506,002 units issued. The units consist of one share of Class A common stock and one-half of a redeemable warrant, with each warrant allowing the purchase of additional shares at $11.50. This offering highlights the SPAC's goal to merge with land and resource holding companies, supporting innovation in the new economy.
American Resources Corporation (NASDAQ:AREC) has announced a non-exclusive sublicensing of two graphene production patents to Novusterra Inc., aiming to enhance commercialization efforts in energy storage. This partnership allows American Resources to acquire a 50% equity stake in Novusterra. The company will also receive half of the operating income from graphene sales. Additionally, there are plans to distribute Class A Common Stock as dividends to shareholders after Novusterra raises a minimum of $5 million for development. This strategic move aligns with the growing demand for sustainable infrastructure and electrification.
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