American Resources Corp

American Resources Corp. engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on the operation of coal mining complexes located primarily within Pike, Knott, and Letcher Counties, Kentucky, and Wyoming County, West Virginia. The company was founded in 2006 and in headquartered in Fishers, IN.

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AREC reports Q1 cash decrease, highlights spin-off opportunities

AREC reported a significant decrease in cash balance, but highlighted the strength of its balance sheet and the strategic positioning of its divisions. The spin-off of ReElement Technologies aims to unlock value and attract different investors, presenting opportunities for diversifying the shareholder base. However, the restructuring process and evaluation of American Metals post spin-off pose potential challenges.

American Resources Corporation plans spin-offs and navigates revenue uncertainties

American Resources Corporation is strategically positioning itself within the global supply chain for critical minerals and met carbon. The company's focus on refining critical minerals and monetizing carbon assets presents opportunities for growth, despite revenue uncertainties and market-dependent challenges.

American Resources Corporation (AREC) reports $3.5M net income in Q3 2023, eyes rare earth revenue in 2024

American Resources Corporation (AREC) is strategically focused on maximizing the value of their businesses and unlocking value for shareholders. The company's emphasis on deploying critical mineral refining capacity outside of China and achieving commercial qualification milestones positions them strategically within the global supply chain. With a strong focus on efficiency, growth, and disruptive technology efforts, the company is poised for future revenue generation and expansion.

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FISHERS, IN / ACCESSWIRE / January 20, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of carbon, rare earth and critical elements and advanced carbon products to the infrastructure and electrification marketplace, today announced that Mark Jensen, Chief Executive Officer will present at the Virtual Investor 2022 Top Picks Conference on Thursday, January 27, 2022 at 11:00 AM ET. As part of the virtual event, the Company will provide a corporate presentation, followed by a moderated interactive Q&A session.

American Resources Corporation to Present at the Virtual Investor 2022 Top Picks Conference

American Resources Corporation (NASDAQ:AREC) unveiled a strategic partnership between its wholly owned subsidiary, American Rare Earth LLC, and The Heritage Group's venture capital investment arm HG Ventures LLC. Following a Membership Purchase Interest agreement, Heritage will receive a 7.5% ownership stake in American Rare Earth with American Resources retaining ownership of 92.5% of the equity interest.

American Resources says its Rare Earth division wins investment and strikes strategic partnership with Heritage Group

INDIANAPOLIS--(BUSINESS WIRE)--HG Ventures, a venture capital investment firm and division of The Heritage Group that supports a sustainable future in materials, infrastructure, environmental solutions and industrial systems, announced today that it has invested in and formed a strategic partnership with American Rare Earth LLC, a subsidiary of the American Resources Corporation (NASDAQ:AREC) to scale up recycling of batteries, magnets and e-waste to recover and supply critical and rare earth m

HG Ventures Invests in and Partners with American Rare Earth To Expand Battery Recycling and Metals Supply for U.S. Manufacturing

The Heritage Group brings ~100 years of experience and innovation in transportation and infrastructure materials, environmental services and specialty chemicals to American Rare Earth Partnership with The Heritage Group supports the development of American Rare Earth's circular economy supply chain partnerships and customer base Synergies expedite the path to being the first and lowest cost producer of domestically-sourced, purified and sustainable battery and magnet metals Heritage's investment will equal 7.5% of American Rare Earth LLC and have a right to invest $50 million at a $300 million pre-money valuation FISHERS, IN / ACCESSWIRE / January 11, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced its strategic partnership between its wholly owned subsidiary, American Rare Earth LLC ("American Rare Earth"), and the venture capital investment arm of The Heritage Group, HG Ventures LLC ("Heritage"); a multi-generational business with a diverse range of operating companies focused on innovation in material science, chemistry and environmental services which includes a major stake in the largest and most comprehensive battery recycling platform in North America. American Rare Earth and Heritage will be expediting the path of being the United States' first and lowest cost producer of domestically-sourced, purified and sustainable battery and magnet metals.

American Resources Corporation's Rare Earth Division Receives Investment and Enters into Long-Term, Strategic Partnership with The Heritage Group

Produces and sells metallurgical coal, which is used for steel making Currently owns a variety of complexes where metallurgical coal can be processed and transported, mostly by rail Recycling waste magnets and lithium-ion batteries for their critical and rare earth minerals (REEs)   What American Resources does: American Resources Corporation has spent the past several years consolidating assets to build out its metallurgical carbon platform. It is staffed by a team of former private equity executives and consultants with a sentimental attachment to Appalachia and its coal, who are keen to stage a turnaround in how business is done there.

American Resources supplying high-quality raw materials to the new infrastructure market

American Resources Corporation (NASDAQ:AREC) revealed that the West Virginia Economic Development Authority (WVEDA) preliminarily approved the issuance of a $45 million tax-exempt Solid Waste Disposal Facility Revenue Bond, Series 2022, for the company's Wyoming County Coal (WCC) complex located near the town of Oceana, West Virginia. The State of West Virginia has the authority to annually authorize the issuance of certain specified private activity bonds up to an annual amount determined under federal law.

American Resources wins initial West Virginia approval for issuing $45M tax-exempt industrial bonds for its carbon and rare earth processing facility

REX American Resources Corporation (REX) CEO Zafar Rizvi On Q3 2021 Results - Earnings Call Transcript

REX American Resources (NYSE:REX) reported its Q3 earnings results on Wednesday, December 1, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Recap: REX American Resources Q3 Earnings

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American Resources Corporation (NASDAQ:AREC) told investors it has reached another milestone for its American Rare Earth division after receiving the final permit approval for its initial rare earth and critical element isolation and purification facility currently being constructed in Noblesville, Indiana. The Indiana-based company said the facility will be its first as it continues to execute on its innovative objectives to help establish a competitive, domestic supply chain using the most economically viable and environmentally safe methods ever developed to isolate and purify critical and rare earth elements (REE).

American Resources Corporation receives final permit approval for rare earth and critical element purification and isolation facility

Company's facility currently being constructed in Noblesville, IN will be the first commercial scale facility in the United States able to isolate and purify rare earth and battery metals from a multitude of feedstocks Company's patented chromatography process and facilities will eliminate the dependency on China for the final stage of critical and rare earth metal refining Company's purification process is establishing and defining a competitive, domestic supply chain for battery and rare earth magnet metals which are at the heart of the electric vehicle and clean energy movement FISHERS, IN / ACCESSWIRE / November 23, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced another milestone for its American Rare Earth division in receiving the final permit approval for its initial rare earth and critical element isolation and purification facility currently being constructed in Noblesville, Indiana. The facility will be the Company's first as it continues to execute on its innovative objectives to help establish a competitive, domestic supply chain using the most economically viable and environmentally safe methods ever developed to isolate and purify critical and rare earth elements (REE).

American Resources Corporation Receives Final Permit Approval for Its First Rare Earth and Critical Element Purification and Isolation Facility

American Resources Corporation (NASDAQ:AREC) said it has named Tarlis Thompson as president of its American Carbon division, which covers mining operations in Kentucky and West Virginia. Thompson, who currently holds the COO (chief operating officer) title at American Resources, has been working towards the top spot in the mining division since joining the company in 2015.

American Resources names Tarlis Thompson as president of its American Carbon division

Tarlis Thompson, COO of American Resources, has been named President of the American Carbon Mining Division FISHERS, IN / ACCESSWIRE / November 22, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure marketplace, has named Tarlis Thompson as president of their American Carbon division, assuming the top role of the mining division in Kentucky and West Virginia. Mr. Thompson, who also holds the COO role of American Resources Corporation, will assume the top spot in the mining division, a position he has been working towards since joining the company in 2015.

American Resources Corporation Names Tarlis Thompson as President of American Carbon Division

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American Resources Corporation (AREC) CEO Mark Jensen on Q3 2021 Results - Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) said it pulled in $2.81 million in revenue during its third quarter of 2021. That's compared to $295,000 the company generated in the year-ago 3Q ended September 30, 2020.

American Resources reports significant increase in 3Q revenue

Company highly aligned with major U.S. priorities in both infrastructure and electrification Significant execution has positioned the Company to be a low-cost, stable provider of raw materials to high-growth markets Company seeing significantly increasing carbon demand and price realization as it scales operations Strong balance sheet provides financial strength and flexibility to execute on its innovation, collaboration and growth plans Company to host update conference call today at 11:00 AM ET FISHERS, INDIANA / ACCESSWIRE / November 15, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today reported its third quarter of 2021 financial results and provided a corporate update. The Company will host a conference call and webcast, today, November 15, 2021, at 11:00 a.m.

American Resources Corporation Reports Third Quarter 2021 Financial Results and Provides Business Outlook

Company makes key hire as it prepares for business expansion and public listing on a national exchange Demand for graphene-based products and innovation in the energy, defense and water filtration markets is extremely strong as the world experiences supply chain issues for raw materials MIAMI, FL / ACCESSWIRE / November 15, 2021 / Novusterra Inc. (Private) ("Novusterra" or the "Company"), a rapidly growing company focused on developing and commercializing high-value products and applications from graphene, today announced that it has expanded its team with the hiring of Farai Gundan as the Chief Financial Officer of the company. Andrew Weeraratne, CEO of Novusterra commented, "As we progress towards a public listing on a national exchange, we have put an emphasis on attracting a very high-caliber team to help drive the business forward.

Novusterra Inc. Expands Team with Hire of Farai Gundan as Chief Financial Officer

Live moderated video webcast discussion among members of management and Thought Leader, William E. Smith III, President of CMID, Inc., on Wednesday, November 17th at 9:00 AM ET FISHERS, IN / ACCESSWIRE / November 12, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that Mark Jensen, Chief Executive Officer will participate in the Virtual Investor Roundtable Event on Wednesday, November 17, 2021 at 9:00 AM ET.

American Resources Corporation to Present at the Virtual Investor Roundtable Event

American Resources Corporation (NASDAQ:AREC) announced it has started selling and shipping metallurgical carbon from its recently opened Carnegie 1 mine. In a statement, the Indiana-based company said the mine is currently running seven days a week and adding additional production and maintenance shifts.

American Resources starts shipping metallurgical carbon from Carnegie 1 to steel customers

Company's Carnegie 1 mine is ramping production in one of the strongest metallurgical carbon markets over the last decade Carnegie 1 mine is currently running a seven day a week schedule and adding additional production and maintenance shifts FISHERS, IN / ACCESSWIRE / November 11, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that it has begun selling and shipping metallurgical carbon produced from its recently reopened Carnegie 1 mine. Shipments of carbon are being sold to its customer base to be used for steel making in both the international and domestic steel markets.

American Resources Corporation Commences Initial Sales and Shipments from its Reopened McCoy Elkhorn Complex

Company to host conference call on Monday, November 15 at 11:00 AM ET FISHERS, IN / ACCESSWIRE / November 9, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced it will report its third quarter 2021 financial results on Monday, November 15, 2021. The American Resources management will host a conference call and live audio webcast to provide a business outlook at 11:00 AM ET that same day.

American Resources Corporation to Report Third Quarter of 2021 Earnings on November 15, 2021

American Resources Corporation (NASDAQ:AREC) revealed that it has completed the retrofit and rehab of its 1,300 ton per hour processing plant at its Perry County Resources (PCR) complex to begin to recover middling product during the carbon cleaning process. The Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market, estimated that the upgrade would increase the overall yield by over 5%.

American Resources upgrades its processing facility at Perry County Resources complex

Company adds middling circuit to increase recovery yield by over 5% of sellable product and further improve environmental impact of operations Investment enables higher carbon recovery with minimal additional operating expenses at the processing facility while reducing total landfilled material FISHERS, IN / ACCESSWIRE / November 3, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that it has completed the retrofit and rehab of its 1,300 ton per hour processing plant at its Perry County Resources (PCR) complex to begin to recover middling product during the carbon cleaning process. It is estimated that the upgrade will increase the overall yield by over 5% while also reducing operating costs, resulting in a very attractive internal rate of return for the Company, and further improves the environmental footprint from its operations.

American Resources Corporation Upgrades Its Processing Facility at Perry County Resources Complex

American Resources Corporation has commenced engineering and planning for the restart of its wholly owned Wyoming County Coal (WCC) mining complex in West Virginia.  The complex, the company noted, is unique in that it is one of the last fully permitted complexes accessing premium "mid vol" metallurgical carbon for steel production.

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