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American Res Corp - AREC STOCK NEWS

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) 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.

Rhea-AI Summary
ReElement Technologies Corporation, a subsidiary of American Resources Corporation (AREC), has executed a memorandum of understanding (MOU) with Battery Damage Service GmbH (BDS) to support a complete and EU-compliant, life-cycle solution for lithium-based batteries in the EU marketplace. This partnership marks the second agreement from ReElement to refine recycled black mass sourced from the German market back to high-purity, battery cell-grade products. ReElement will refine the recycled battery material feedstock back to battery grade lithium products such as lithium carbonate (Li2CO3) and/or lithium hydroxide (LiOH) and nickel, manganese, and cobalt sulfates at its refining facilities in Indiana. The collaboration aims to establish the most efficient and eco-friendly circular lifecycle solution to reintroduce high-value elements back into the battery supply chain, fostering high standards within the framework of European Union compliance and beyond.
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ReElement Technologies Corporation, a leading provider of high performance refining capacity of rare earth and critical battery elements, has executed a MOU with Afrivolt Pty Ltd to support the construction of African lithium-ion cell manufacturing plants or 'gigafactories' within the African markets. The collaboration aims to establish a comprehensive closed-loop lithium-battery and EV manufacturing ecosystem within Africa utilizing critical minerals mined in regional localities. ReElement Ghana is committed to community development and has partnered with University of Mines and Technology (UMaT) and Purdue University to cultivate high-skilled labor for the next generation of African industry and manufacturing.
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American Resources Corporation (AREC) announces partnership with Duesenfeld GmbH for the supply of lithium iron phosphate (LFP) black mass to refine back to battery-grade products
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American Resources Corporation (AREC) will be attending several important conferences in January 2024, including the Consumer Electronic Show, Mine to Magnet Workshop, and LCA, Recycling, Circular Design & Sustainable Sourcing for EV Batteries & Carbon Neutral Vehicles USA Congress. ReElement Technologies, a subsidiary of American Resources, will be presenting and leading discussions at these events, showcasing their high performance refining capacity of rare earth and critical battery elements. Key executives such as Chris Moorman, Shane Tragethon, Mark LaVerghetta, Mark Senti, and Ben Wrightsman will be representing ReElement Technologies at these conferences.
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American Resources Corporation (NASDAQ:AREC) appoints former U.S. Ambassador Mark Gilbert and former Vice Chairman of UBS Private Wealth Management to its Board of Directors for ReElement Technologies Corporation, a leading provider of rare earth and critical battery elements refining capacity.
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American Resources Corporation (NASDAQ:AREC) announced that their affiliated company, Novusterra Inc., has secured a $6.5 million investment from the United States Air Force to improve the durability of airfields using carbon nanomaterial additives to concrete. Novusterra's patented technology is being used in a comprehensive research project to enhance the future durability of airfields for the United States Air Force. The company aims to provide advanced, high-value technology to produce better, more durable, and greener materials and products to support the growth of modern infrastructure, aligning with the increasing worldwide infrastructure investment forecast to reach $94 trillion by 2040.
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ReElement Technologies Corporation (NASDAQ:AREC) appoints Kevin Higgins, a national security expert and former CIA senior executive, to its Board of Directors, aiming to expand operations and strengthen strategic alliances in the rare earth and critical battery elements industry.
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American Resources Corporation (AREC) and Royalty Management Holding Co. (RMCO) have jointly invested in Advanced Magnetic Labs, Inc. (AML) for commercial-scale manufacturing expansion in the United States. AML has made significant technological advancements and strategic partnerships, positioning itself for commercial manufacturing of permanent magnet products. AML's manufacturing capabilities, including a scalable and modular process, PM-Wire™, will enable high-rate production of non-sintered and sintered permanent magnets for various applications, particularly in electric motors and automotive industries.
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ReElement Technologies Corporation (AREC) partners with TECHGULF Ghana Limited to establish Africa's inaugural lithium processing and refining plant in Ghana, with an initial refining capacity to produce 30,000 metric tons of battery-cell-grade lithium carbonate per year. The partnership aims to drive sustainable energy solutions and economic development in Africa, aligning with Ghana's commitment to sustainable development and positioning the country as a key player in the electric vehicle sector.
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American Resources Corporation (NASDAQ:AREC) expands its Africa strategy with the appointment of Ben Kincaid as the Chief Executive Officer of its subsidiary, ReElement Technologies Africa Ltd. ReElement Technologies Africa focuses on developing commercial partnerships and working with regional and local communities to expand its high performance, environmentally sustainable critical mineral refining solution. Mr. Kincaid brings years of leadership experience to the company after serving as a U.S. Diplomat in multiple countries overseas. ReElement Technologies Africa provides the Company an efficient platform to incentivize and capitalize each local division and its partners in a way that best benefits local and regional stakeholders while also capitalizing each division at the local level.
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FAQ

What is the current stock price of American Res (AREC)?

The current stock price of American Res (AREC) is $0.5365 as of February 21, 2025.

What is the market cap of American Res (AREC)?

The market cap of American Res (AREC) is approximately 44.5M.

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 Res Corp

Nasdaq:AREC

AREC Rankings

AREC Stock Data

44.46M
50.70M
34.52%
7.51%
3.48%
Coking Coal
Bituminous Coal & Lignite Mining
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United States
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