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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American Resources Corp reports robust revenue growth and strategic positioning

American Resources Corp had a strong performance in 2022 with significant revenue growth and strategic positioning within the electrification economy. While facing challenges such as feedstock availability and SEC inquiries, the company is focused on capitalizing on opportunities to unlock value for shareholders through asset monetization and expansion.

American Resources Corp reports strong Q1 performance and strategic focus

AREC's Q1 performance strong despite cash balance decrease
Strategic focus on cash flow, value creation, and attracting investors
Challenges include cash balance decline and valuation concerns

American Resources Corp (AREC) demonstrates resilience and growth strategies

American Resources Corp (AREC) navigated revenue challenges with operational flexibility and is well-positioned for growth through strategic asset monetization and refining advancements.
The company's focus on unlocking shareholder value, expanding refining facilities, and exploring new market opportunities underscores a proactive approach to driving future success.
With a strong emphasis on innovation, partnerships, and market adaptation, American Resources Corp (AREC) is poised to capitalize on emerging trends in critical minerals and recycling.

American Resources Corp excels in Q3, eyes global mineral dominance

American Resources Corp and ReElement Technologies show promising growth potential in critical mineral markets
Strategic initiatives in asset unbundling and expansion into new refining operations position the company for future success
Commitment to innovation, cost-effectiveness, and shareholder value drives business development and competitive edge
Challenges in regulatory compliance and global competition require strategic planning and operational excellence

American Resources Corp reports Q4 revenue decline but anticipates Q2 growth

American Resources Corp navigates revenue challenges in Q4 2023 with a strategic focus on ramping up production, expanding partnerships, and positioning assets for separation into stand-alone companies.
The company's strengths lie in their competitive cost advantage, environmentally sound technology, and strategic positioning in rare earth circular supply chain and refining technology.
Challenges include cost competitiveness compared to China, balancing feedstock acquisition and sales growth, and managing operational complexities in refining and community impact.
Opportunities in German battery recycling partnerships, royalty income guidance, and strategic partnerships for refining technology and feedstock supply chain drive the company's growth and market positioning.

American Resources Corp (AREC) reports strong Q1 performance and strategic growth plans

American Resources Corp (AREC) showcased strong performance, strategic initiatives, and commitment to transparency and value creation in the Q1 earnings call.
The company's strengths lie in sustainable solutions, operational efficiency, and access to defense contracts, positioning it for long-term success and growth.
Challenges include spinoff execution, market dynamics, and capital allocation post-separation, requiring effective strategies and continuous innovation.
Opportunities in mining operations, technology advancements, defense contracts, and value creation post-separation offer promising growth prospects for AREC.

American Resources Corp (AREC) excels in Q2 2024 earnings call

American Resources Corp (AREC) showcased strong performance, strategic directives, and advancements in refining solutions during Q2 2024.
The company's focus on transparency, communication, and shareholder value generation underpins its strategic vision and operational excellence.
Challenges in capital raise plans, asset valuations, and market perception align with opportunities in partnerships, technology advancements, and revenue growth.

American Resources Corp reports strong Q3 performance and strategic growth plans

AREC's Q3 earnings call highlighted strong performance, innovation in rare earth elements, and strategic financial planning.
Focus on unlocking shareholder value, partnership progress, and future growth strategies were key takeaways.
Challenges include spin-off execution, revenue ramp-up, and partner disclosures, while opportunities exist in innovation and partnerships.

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Mark Jensen, CEO of American Resources to present on Wednesday, July 27 at 2:00 PM ET FISHERS, IN / ACCESSWIRE / July 20, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it will present at the SP 2022 Innovation Summit: "Accelerating sustainable innovation through the automotive value chain" being held July 27-28, 2022 in Columbus, Ohio. Details for the presentation are as follows: Session: Circular EV Batteries Title: Creating an Efficient Critical and Rare Earth Element Circular Life Cycle Speaker: Mark Jensen, CEO of American Resources Date &Time: Wednesday, July 27, 2022 at 2:00 PM ET Location: Performance Hall, The Ohio State University As part of the presentation, Mr.

American Resources to Present at the Suppliers Partnership for the Environment (SP) 2022 Innovation Summit

American Resources Corporation (NASDAQ:AREC) has reported preliminary second-quarter revenue of $16.2 million, 78% higher than the $9.1 million recorded in the previous quarter and over 4000% higher than the $393,210 posted in the second quarter of 2021. The record revenue growth comes despite supply chain hurdles, according to CFO Kirk Taylor.

American Resources posts record preliminary revenue growth in 2Q

Record Q2 2022 quarterly revenues of $16.2 million which represents the best in Company's history with significant expansion opportunities over the balance of the year Company's carbon platform well positioned to capitalize on continued market strength and opportunities over the next several years FISHERS, IN / ACCESSWIRE / July 19, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today reported its preliminary revenue for its second quarter ended June 30, 2022. American Resources expects its preliminary second quarter 2022 revenue to be $16.196 million as compared with $9.08 million in the first quarter 2022 and $393,210 in the second quarter 2021, representing 78% quarter-over-quarter growth and over 4000% year-over-year growth, respectively.

American Resources Corporation Reports Record Preliminary Revenue Growth for Second Quarter of 2022

American Resources Corporation (NASDAQ:AREC) (ARC) announced that its subsidiary reELEMENT Technologies has put in place a $2 million independent working capital facility to expand its critical battery material production facility in Indiana. The funds will also be used to increase internal lab space and put in place additional pre-processing to scale the production of high-purity and sustainable battery and magnet-grade critical and rare earth elements, the company said.

American Resources subsidiary scores $2M working capital facility to expand Indiana battery metal production

Enables reELEMENT Technologies to establish credit history and provides low cost, non-dilutive, growth capital to expand current rare earth and battery element purification facility Maxus Capital has put in place an initial facility of $2.0 million to expand the production capabilities of rare earth and battery element recycling FISHERS, IN / ACCESSWIRE / July 1, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that reELEMENT Technologies (reELEMENT) has put in place an independent working capital facility that will enable the division to expand to revenue and cash flow generation. This initial working capital facility of $2.0 million will be used to expand reELEMENT's first-of-a-kind facility in terms of critical battery material production, internal lab space and additional preprocessing to scale the production of high-purity and sustainable battery and magnet grade critical and rare earth elements.

American Resources Corporation Subsidiary, reELEMENT Technologies, Secures Working Capital Facility to Expand First Purification Facility

American Resources Corporation (NASDAQ:AREC) announced that the special purpose acquisition (SPAC) vehicle it sponsored has entered a merger agreement with a next-generation royalty company that will result in the combined company listing on Nasdaq. The deal will see American Acquisition Opportunity Inc (AMAO) merge with Royalty Management Corp and take the name Royalty Management Company.

American Resources says SPAC vehicle lands merger agreement with Royalty Management, plans Nasdaq listing

American Acquisition Opportunity Inc ("AMAO") has entered into a merger agreement with Royalty Management Corp. ("RMC" or the "Company"); upon closing, it is anticipated that the combined company will be listed on the Nasdaq Stock Market RMC is a next-generation royalty company focused on expanding its current cashflow and revenue streams by identifying undervalued assets while constructively supporting communities The transaction positions RMC to capitalize on organic and inorganic growth opportunities with the goal of paying dividends from cashflow as early as 2023 FISHERS, IN / ACCESSWIRE / June 29, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that the special purpose acquisition vehicle it has sponsored has successfully entered into a definitive agreement that will result in Royalty Management Corporation becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Royalty Management Company and expects to be listed on the Nasdaq Stock Market under the ticker symbol "RMCO.

American Resources Corporation's Sponsored Special Purpose Acquisition Vehicle Has Entered into Definitive Merger Agreement

Name change better reflects the brand of recycling rare earth and battery elements back to magnet and battery grade products. FISHERS, IN / ACCESSWIRE / June 13, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that its majority-owned American Rare Earth division has changed its name to reELEMENT Technologies LLC.

American Resources Corporation subsidiary American Rare Earth LLC Changes Name to reELEMENT Technologies LLC

American Resources Corporation (NASDAQ:AREC) announced that it has successfully completed the first phase of commissioning of its rare earths facility in Indiana, paving the way for initial production. The company's American Rare Earth division wrapped up commissioning of its critical and rare earth element isolation and purification facility, enabling it to prepare its chromatography columns for production, according to a release.

American Resources completes first phase of commissioning its rare earth and battery materials facility in Indiana

Company successfully completes water flow and pressurization of system and moves to preparing chromatography columns for initial production First production train will recycle end-of-life rare earth magnets to produce magnet-grade neodymium, praseodymium, and dysprosium at 99.5%+ purity Second production train will recycle black mass from end-of-life lithium-ion batteries producing high-purity, battery-grade lithium, cobalt, manganese, nickel and graphite FISHERS, IN / ACCESSWIRE / June 7, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that its majority-owned American Rare Earth division has successfully completed the first phase of commissioning of its critical and rare earth element isolation and purification facility in Noblesville, Indiana enabling the Company to progress to preparing its chromatography columns for initial production. Mark Jensen, CEO of American Resources Corporation commented, "This is an extremely exciting accomplishment for the team to be able to test and complete the water commissioning and pressure testing of our initial rare earth and battery material purification facility on schedule.

American Resources Corporation Successfully Completes First Phase of Commissioning Rare Earth and Battery Element Isolation and Purification Facility in Preparation of Initial Production

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American Resources Corporation (NASDAQ:AREC) announced that it has signed a carbon offtake agreement along with a non-dilutive financial commitment of $2.5 million with a long-standing customer and premier supplier of metallurgical carbon to the global steel and alloy metal marketplace, Integrity Coal Sales, to start its Carnegie 2 mine.  The company said this incremental production will enable it to benefit from the current strength in the high volume metallurgical carbon market, aligning the risk and return for both Integrity and American Resources.

American Resources signs offtake and financial partnership to start Carnegie 2 mine

Company's long-standing partner and customer has provided a non-dilutive financial commitment of $2.5 million to start the Carnegie 2 mine with top tier equipment and infrastructure FISHERS, IN / ACCESSWIRE / May 18, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it has signed a carbon offtake agreement along with a non-dilutive financial commitment of $2.5 million with a long-standing customer and premier supplier of metallurgical carbon to the global steel and alloy metal marketplace, Integrity Coal Sales ("Integrity"), to start its Carnegie 2 mine. This incremental production will enable the Company to benefit from the current strength in the high vol met carbon market, aligning the risk and return for both Integrity and American Resources.

American Resources Corporation Signs Offtake and Financial Partnership to Start Carnegie 2 Mine

American Resources Corporation (NASDAQ:AREC ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Mark Jensen – Chairman of the Board and Chief Executive Officer Kirk Taylor – Chief Financial Officer Mark LaVerghetta – Vice President, Corporate Finance and Communications Conference Call Participants Steven Segal – KBB Asset Management Michael Samuels – Berthel, Fisher and Company Heiko Ihle – H.C. Wainwright & Co. Phil Cordell – Cordell Enterprise Operator Good day, ladies and gentlemen.

American Resources Corporation (AREC) CEO Mark Jensen on Q1 2022 Results - Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) reported its 1Q financial results that showcased the steady progression of its carbon business. The majority of the firm's carbon sales during the first quarter occurred during the month of March thanks to a more consistent run rate of production with additional operating sections now online at its producing mines, the company said in a statement.

American Resources sees big 1Q revenue jump as carbon sales from its US mines ramp up

Company reports adjusted EBITDA for the 1Q 2022 of $5.8 million On track be the first in the U.S. to produce isolated and purified critical and rare earth elements (REEs) and bring the most environmentally-safe refining solutions to the domestic marketplace Significant increase in carbon demand and price realization being seen as Company scales operations and on track this March to realize operating profit Current specialty and metallurgical carbon backlog represents approximately $110 million Company highly aligned with major U.S. priorities in both infrastructure and electrification 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 4:30 PM ET FISHERS, IN / ACCESSWIRE / May 16, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced financial results for the first quarter of 2022 and provided a corporate update. The Company will host a conference call and webcast, today, May 16, 2022, at 4:30 PM ET (details below).

American Resources Corporation Reports First Quarter 2022 Financial Results and Provides Business Outlook

American Resources Corporation (NASDAQ:AREC) revealed it has expanded its reach as the company and its affiliate Novusterra had struck an exclusive license arrangement with Kenai Defense Company LLC to advance and commercialize carbon nanostructure and graphene technologies. In 2022, Kenai anticipates winning Air Force contracts worth over $1.5 million to develop advanced applications to be used as concrete additive and it anticipates an additional $10 million of development funding in partnership with the US Department of Defense.

American Resources and Novusterra strike exclusive tie-up with Kenai Defense Company, LLC

Graphene and Carbon Nanostructures industry is a rapidly growing for infrastructure (concrete) and battery / energy storage applications Kenai anticipates Air Force contracts exceeding $1.5 million to develop advanced applications using carbon nanostructure and graphene for concrete additive Agreement will provide Kenai Defense Company, LLC with the exclusive rights to market graphene and carbon nanostructure patents to the Defense and Space Industries FISHERS, IN / ACCESSWIRE / May 16, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, alongside its affiliate, Novusterra Inc. ("Novusterra"), has entered into an exclusive license arrangement with Kenai Defense Company, LLC ("Kenai") to further develop and commercialize carbon nanostructure and graphene technologies in partnership with its defense and space industry relationships. Additionally, Kanai has agreed to hit certain milestones, funding commitments for the technology and commercialization dates of which it will pay a split of cashflow generated to American Rare Earth and Novusterra.

American Resources Corporation and Novusterra Inc. Sign Partnership for Department of Defense and Space Industries

Company to host conference call on Monday, May 16th at 4:30 PM ET FISHERS, INDIANA / ACCESSWIRE / May 9, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will report its first quarter 2022 financial results on Monday, May 16, 2022. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day.

American Resources Corporation to Report First Quarter 2022 Financial Results on March 16, 2022

American Resources Corporation (NASDAQ:AREC) said it has struck a multi-year lease for its Deane Mining complex to a high-quality, local, third-party operator, Bluegrass Resources. Under the terms of the lease, American Resources will receive an upfront cash payment of $100,000 a month for the first two months followed by a $20,000 monthly minimum until production.

American Resources creates new cash flow stream by leasing non-core Deane Mining complex to Bluegrass Resources

Company's Deane Mining complex is a state-of-the-art facility with operator projecting 1.0 million tons of production in the first year Multi-year lease allows Company to further monetize its extensive asset base and generate high-margin revenue Lessee takes over holding costs for permits and agrees to pay American Resources the higher of $5.00 per ton for or 5% of gross sales price for processed coal FISHERS, IN / ACCESSWIRE / April 29, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it has entered into a multi-year lease of it Deane Mining complex to a high quality, local, third-party operator named Bluegrass Resources. Mark Jensen, CEO of American Resources Corporation commented, "As one of the largest owners of mining infrastructure in our region, we are happy to have entered into this lease and partnership with a very reputable local operator.

American Resources Corporation Establishes Additional Cash Flow Stream By Leasing Non-Core Mining Complex to Third-Party Operator

American Resources Corporation (NASDAQ:AREC) said it has secured the exclusive worldwide rights for a new provisional patent filed by the company's technology and research partner, Purdue University, for the isolation and purification of battery-grade materials using multi-mode chromatography for all feedstocks. The provisional patent was filed on March 25, 2022, by the Purdue Research Foundation to establish and protect the company's "versatile multi-dimension and multi-mode chromatography methods for producing high-purity lithium, cobalt, nickel, and manganese salts with high yields from all feedstocks including end-of-life batteries," the company said.

American Resources secures exclusive worldwide rights for new provisional patent to produce battery-grade lithium, cobalt and nickel

New patent advances the Company's chromatography technology and process to more efficiently produce all critical battery materials from all feedstocks including end-of-life batteries Patented process and technology differentiates American Rare Earth from peers by producing battery-grade quality materials in an environmentally and cost competitive solution FISHERS, IN / ACCESSWIRE / April 28, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it has secured the exclusive worldwide rights for a new provisional patent filed by the Company's technology and research partner, Purdue University, for the isolation and purification of battery-grade materials using multi-mode chromatography for all feedstocks. Mark LaVerghetta, Head of Corporate Finance and Communications commented, "This is an exciting technology and addition to our existing patent portfolio for producing isolated and high-purity critical and rare earth metals utilizing our low cost, environmentally-safe and sustainable isolation and purification methods.

American Resources Corporation Secures Worldwide Rights to New Provisional Patent for Producing Battery-Grade Lithium, Cobalt and Nickel

American Resources Corporation (NASDAQ:AREC) announced that it has joined the global Rare Earth Industry Association (REIA), an international non-profit organization representing the global rare earth element (REE) industry. The company said REIA provides a platform for stakeholders to network, conduct research, and develop strategies and supply chain standards.

American Resources joins global Rare Earth Industry Association

Founded in 2019, the global Rare Earth Industry Association (REIA) is an international non-profit organization representing the global REE industry. FISHERS, IN / ACCESSWIRE / April 27, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it has joined the global Rare Earth Industry Association (REIA), an international non-profit organization representing the global rare earth element (REE) industry.

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