Welcome to our dedicated page for American Res news (Ticker: AREC), a resource for investors and traders seeking the latest updates and insights on American Res stock.
American Resources Corporation (NASDAQ: AREC) generates news centered on the critical mineral supply chain, rare earth element refining partnerships, and financing activities that support domestic electrification and infrastructure markets. Company press releases highlight its focus on metallurgical carbon and iron ore for steelmaking, as well as critical and rare earth minerals and recycled metals that feed advanced refining platforms.
A recurring theme in AREC news is its affiliation with ReElement Technologies Corporation, a portfolio company that operates a multi-mineral, multi-feedstock refining platform for rare earth and critical battery elements. Updates often cover ReElement’s commercial agreements, intellectual property developments, and strategic equity facilities, in which American Resources participates through its minority holding and feedstock supply role.
Investors following AREC can expect coverage of partnerships and strategic agreements, such as tokenization and blockchain-based traceability initiatives with SAGINT Inc., commercial processing agreements for recycled magnet materials with electronics recyclers, and collaborations aimed at building vertically integrated rare earth magnet supply chains. News items also describe credit facilities and private placements that fund feedstock procurement, coal waste extraction, and critical mineral processing projects.
In addition, American Resources and ReElement frequently announce participation in industry conferences, forums, and investor events across the critical minerals, technology, and industrial innovation ecosystems. These updates provide context on how the company positions itself within U.S. and allied supply chains for high-purity critical minerals. For readers tracking AREC, this news feed offers an ongoing view into its capital formation, strategic partnerships, and operational milestones in critical minerals, recycling, and advanced refining.
Bob Galyen, a veteran of the battery industry with 46 years of experience, joins American Resources Corporation's ReElement Technologies as an advisory board member. His past roles include CTO of CATL, where he contributed to its rise as the largest lithium battery manufacturer. CEO Mark Jensen emphasizes Galyen's industry expertise and relationships, which will aid in scaling ReElement’s innovative lithium-ion battery recycling technology. The company aims to reduce U.S. dependence on foreign minerals while promoting a zero-waste circular economy.
American Resources Corporation (NASDAQ:AREC) announced a Memorandum of Understanding (MOU) with USA Rare Earth Magnets to supply recycled rare earth oxides for magnet manufacturing in Stillwater, Oklahoma. This partnership aims to create a fully domestic supply chain for rare earth magnets, supporting U.S. manufacturing. The Stillwater facility is set to be the first of its kind in the U.S., with plans for production to begin in 2023. The initiative will utilize recycled materials from end-of-life products, enhancing sustainability in the supply chain.
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.
FAQ
What is the current stock price of American Res (AREC)?
What is the market cap of American Res (AREC)?
