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AMERICAN RESOURCES CORP - AREC STOCK NEWS

Welcome to our dedicated page for AMERICAN RESOURCES news (Ticker: AREC), a resource for investors and traders seeking the latest updates and insights on AMERICAN RESOURCES stock.

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.

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American Resources Corporation (NASDAQ:AREC) announces $44.9 million bond for critical mineral refining campus in Marion, Indiana. The campus will produce battery-grade lithium, cobalt, nickel, and rare earth elements for EV battery and permanent magnet supply chains. The facility will also include space for industry partners, transportation logistics, and community support.
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American Resources Corporation (AREC) to report Q3 2023 financial results on November 14th, hosting conference call for investors. The company is a next-generation supplier of rare earth and critical elements, carbon, and advanced carbon materials to the new infrastructure and electrification marketplace.
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American Resources Corporation's subsidiary, ReElement Technologies Corporation, has received initial approval for up to $150 million in Tax-Exempt Industrial Revenue Bonds to fund the construction of a large-scale lithium refinery in Knott County, Kentucky. The facility will produce battery-grade lithium carbonate and lithium hydroxide, with a low carbon footprint, while also providing job opportunities for the community.
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American Resources Corporation (NASDAQ:AREC) has successfully closed its acquisition of Royalty Management Co (RMC), a next-generation royalty company targeting high-value assets and cash flow. RMC will trade on Nasdaq under the tickers RMCO and RMCOW. The merger positions RMC to capitalize on growth opportunities in the electrification and energy transition industry, natural resources, intellectual properties, and ag-tech investments.
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American Resources Corporation subsidiary, ReElement Technologies Corporation, has achieved an ultra-high purity of 99.96% battery-grade lithium carbonate from its patented multi-modal chromatography technology. The technology can efficiently separate and purify critical elements for the electrified economy. The company's refining solution is competitive in terms of operating cost and capital investment, and it can scale up its refining capacity as demand increases. The technology is environmentally friendly and can address the demands of critical mineral supply chains.
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American Resources Corporation subsidiary, ReElement Technologies Corporation, has appointed Swiss professional racecar driver Neel Jani as a brand ambassador. Jani has a network of key participants and decision-makers in the global critical element and high-performance auto ecosystems. ReElement's refining capabilities allow manufacturers to fully recycle and reuse high-value battery and magnet components, reducing reliance on rare earth and critical mineral mining.
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American Resources Corporation's subsidiary, ReElement Technologies, will participate in the Virtual Investor Ask the CEO Conference on October 24th at 2:00 PM ET.
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ReElement Technologies converts to a corporation in preparation for its spinoff into a standalone public company.
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American Resources Corporation's subsidiary, American Carbon Corporation, has entered into a letter of intent to sell its carbon mining assets for approximately $280 million. The sale includes certain debts and environmental reclamation bonds. The proposed acquirer plans to invest in additional mines and expand production. The CEO believes the structure of the deal represents an attractive return for shareholders. The letter of intent is expected to close before year end.
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American Resources Corporation's subsidiary, ReElement Technologies, expands executive team with the appointment of Shane Tragethon as VP of International Strategy. ReElement's critical mineral refining technology gains recognition in international markets. Company assessing international expansion opportunities.
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FAQ

What is the current stock price of AMERICAN RESOURCES (AREC)?

The current stock price of AMERICAN RESOURCES (AREC) is $1.07 as of December 20, 2024.

What is the market cap of AMERICAN RESOURCES (AREC)?

The market cap of AMERICAN RESOURCES (AREC) is approximately 82.8M.

What does American Resources Corporation do?

American Resources Corporation focuses on the extraction and processing of metallurgical carbon and critical and rare earth minerals, essential for steelmaking and the electrification market.

Where is American Resources Corporation located?

The company is headquartered in Fishers, Indiana, with operations primarily in the Central Appalachian basin of eastern Kentucky and southern West Virginia.

What is ReElement Technologies Corporation?

ReElement Technologies is a subsidiary of American Resources Corporation that specializes in the high-performance refining of rare earth and critical battery elements using innovative and environmentally safe processes.

What recent achievements has American Resources Corporation accomplished?

Recent achievements include establishing the ReElement refining campus in Marion, Indiana, and securing a $150 million tax-exempt bond offering for the Kentucky Lithium refining facility.

How does American Resources Corporation contribute to sustainability?

The company focuses on recycling end-of-life products such as rare earth permanent magnets and lithium-ion batteries, creating a low-cost and environmentally safe circular supply chain.

What are the main products of American Resources Corporation?

The main products include metallurgical carbon for steelmaking and rare earth minerals and critical elements used in electrification and advanced technologies.

How does American Resources Corporation support national security?

The company is a member of the Defense Industrial Base Consortium, contributing to the supply chain for defense-critical minerals and supporting national security through sustainable refining practices.

What is the 'Powered by ReElement' platform?

It is a service offering that includes advanced separation and purification techniques for critical and rare earth minerals, optimizing existing processing methods and supporting direct lithium extraction processes.

How does American Resources Corporation's business model benefit its operations?

The company's low-cost, growth-centered business model allows it to maximize margins while reducing costs, making it highly competitive in the global market.

Where can I find more information about American Resources Corporation?

More information can be found on their website, americanresourcescorp.com, as well as on their Facebook, Twitter, and LinkedIn pages.

AMERICAN RESOURCES CORP

Nasdaq:AREC

AREC Rankings

AREC Stock Data

82.84M
50.70M
34.52%
7.51%
3.48%
Coking Coal
Bituminous Coal & Lignite Mining
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United States of America
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