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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Resources Corporation (NASDAQ:AREC) is set to buy rare earth element and carbon technology firm Energy Technologies Inc for cash and shares to boost its rare earth capabilities. Founded in Tennessee in 1994, ETI is focused on clean energy initiatives, infrastructure operating efficiency, and rare earth and battery metals extraction.

American Resources to buy rare earth and carbon technology firm Energy Technologies to boost capabilities

Energy Technology Inc. is widely recognized by DOE and industry participants for its analyzing equipment capabilities Advanced separation and analyzation capabilities add enhanced efficiencies to the Company's processing of critical and REEs Existing team will join the American Resources team and continue to drive the acquired business forward under the Company umbrella FISHERS, IN / ACCESSWIRE / April 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 has signed a binding letter of intent to acquire all of the outstanding stock of Energy Technologies Inc. ("ETI"), a rare earth element and carbon technology company with a focus on analyzing and separating materials for the recovery and concentration of high-value products. Mark Jensen, CEO of American Resources Corporation commented, "We have had the luxury of working with the Energy Technologies team, led by David Swindell, for the past several years.

American Resources Corporation Signs Binding Letter of Intent to Acquire Energy Technologies, Inc. for the Separation and Analyzation of Rare Earth Elements, Battery Metals and Energy Efficiency

New purchase order for specialty carbon will be shipped into the international marketplace for specialty fabrication and alloy metal production Company's expanded carbon production for Q2 2022 is providing customers with needed supply growth while realizing record prices from its facilities for specialty stoker carbon FISHERS, IN / ACCESSWIRE / April 4, 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 expanded its sales commitments for a portion of its specialty carbon stoker products for the second quarter of 2022 by approximately 15,000 tons at a record average price realization in the mid $200 per ton. Tom Sauve, President of American Resources Corporation commented, "Our ability to secure this business for the specialty carbon markets is a testament to the quality of our operations and efforts of our team to identify top-quality assets and position the Company to be the strongest producer in our region.

American Resources Corporation Increases Specialty Carbon Order Book at Record Prices

American Resources Corporation (AREC) CEO Mark Jensen on Q4 2021 Results - Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) posted its 4Q and full-year 2021 results that showed the firm generating strong revenues amidst an order backlog of over $100 million. The resource company generated just over $4.5 million in the three-month period to end December 2021, compared to revenues of $13,875 in the same year-ago quarter.

American Resources boosts revenue in 4Q as it closes in on becoming the first company in the US to produce critical and rare earth elements

Company highly aligned with major U.S. priorities in both infrastructure and electrification 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 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 / March 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 financial results for the fourth quarter and full year ended December 31, 2021. The Company will host a conference call and webcast, today, March 29, 2022, at 4:30 PM ET (details below).

American Resources Corporation Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Business Outlook

REX American Resources Corporation (REX) CEO Zafar Rizvi on Q4 2021 Results - Earnings Call Transcript

Company to host conference call on Tuesday, March 29th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / March 21, 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 fourth quarter and full year 2021 financial results on Tuesday, March 29, 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 Fourth Quarter and Full Year 2021 Financial Results on March 29, 2022

Facility Could Add 4,000 to 15,000 Tons per Month of Incremental Production to the Company's McCoy Elkhorn Complex Acquisition Expected To Increase Revenues for Company Beginning in June FISHERS, INDIANA / ACCESSWIRE / March 11, 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 acquired the operating rights to a PCI carbon surface mine operation to further expand the production of their McCoy Elkhorn Complex in Pike County, Kentucky. Thomas Sauve, President of American Resources Corporation commented, "We are excited to be able to bring incremental, near-term production opportunities to life given our vast asset base in the region.

American Resources Corporation Acquires Operating Rights to PCI Carbon Surface Mine

Company delivers second Joy 14cm15 continuous miner to expand production by 5,000 to 10,000 tons per month FISHERS, IN / ACCESSWIRE / March 10, 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 that it has added to its fleet of equipment at its Carnegie #1 mine to double its production of high-quality metallurgical carbon to meet the strong demand of the current and future market. Tarlis Thompson, COO of American Resources Corporation commented, "Equipment and people are the lifeline of any mining operation.

American Resources Corporation Increases Equipment Fleet at Carnegie #1 Mine to Double Production Expansion

American Resources Corporation (NASDAQ:AREC) has announced that the company's subsidiary American Rare Earth LLC (ARE) has partnered with IN3 (Indiana Innovation Institute), a leading applied research institute and collaborative organization.  The parent company said the collaboration will help expand its industry relationships and further secure inroads to promote American Rare Earth's commercial production of critical and rare-earth elements such as lithium, cobalt, nickel, neodymium, praseodymium, and dysprosium at its production facilities.

American Resources says American Rare Earth subsidiary partners with IN3 for industry supply-chain collaboration

IN3 to provide valuable advice and industry connections to American Rare Earth to address domestic supply chain, sustainability and national security challenges FISHERS, IN / ACCESSWIRE / March 2, 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 Company's subsidiary, American Rare Earth LLC ("American Rare Earth" or "ARE"), has partnered with IN3 (Indiana Innovation Institute), a leading applied research institute and collaborative organization, to help expand its industry relationships and further secure inroads to promote American Rare Earth's commercial production of critical and rare-earth elements such as lithium, cobalt, nickel, neodymium, praseodymium and dysprosium at its production facilities. IN3 is composed of top leaders from academia, government and industry.

American Resources Corporation's Rare Earth Division Partners with IN3 for Industry and Supply Chain Collaboration

American Resources Corporation (NASDAQ:AREC) has announced that its American Rare Earth subsidiary is furthering its feasibility study of the lithium, cobalt, and rare earth elements present in its various deposits among its 20,000 controlled acres in Central Appalachia. The company said the lands have demonstrated the potential to contain lithium and cobalt as part of its overall mix of elements, primarily through coal waste deposits and waste streams that possess other favorable cost attributes when processed with its patented electrolysis technology.

American Resources furthers feasibility study for lithium and cobalt reserves on 20,000 acres in Central Appalachia

Company utilizing patented electrolysis technology which has shown to increase its concentrates from parts per millions to attractive percentages The patent protected technology produces multiple monetizable products (hydrogen, carbon nanostructure slurry, etc.) in the process of utilizing bioproduct economics to make the rare earth and battery metal concentration process profitable FISHERS, IN / ACCESSWIRE / February 24, 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 Company's subsidiary, American Rare Earth LLC, is furthering its feasibility study of the lithium, cobalt and rare earth elements that are present in its various deposits among its 20,000 controlled acres.

American Resources Corporation Furthers Feasibility Study for Lithium and Cobalt Reserves on 20,000 Acres of Controlled Property

FISHERS, IN / ACCESSWIRE / February 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 that an interview with CEO & Chairman Mark C. Jensen will air on The RedChip Money Report® on Bloomberg TV, February 19th, at 7 p.m.

American Resources Corporation Interview to Air on Bloomberg U.S. on the RedChip Money Report(R)

Sphere 3D

BEST Inc - ADR

Wheels Up Experience

Hot penny stocks to watch this week. The post Best Penny Stocks To Buy Right Now?

Best Penny Stocks To Buy Right Now? 4 To Watch Under $5

American Resources Corporation (NASDAQ:AREC) announced its support for the US Senate's proposed bill: Restoring Essential Energy and Security Holdings Onshore for Rare Earths (REEShore) Act of 2022, which would establish a strategic reserve of rare earth metal and rare earth metal products.   The company said the strategic reserve would build a one-year supply of rare earth elements to meet the domestic needs of the US in the event of a supply disruption.

American Resources says it supports the proposed US Senate bill for a rare earth metals strategic reserve

The Bill would establish a strategic reserve of rare earth metal and rare earth metal products The strategic reserve would build a one-year supply of rare earth elements to meet the United States' domestic needs in the event of a supply disruption FISHERS, IN / ACCESSWIRE / January 26, 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 its support of the proposed Restoring Essential Energy and Security Holdings Onshore for Rare Earths (REEShore) Act of 2022 introduced by Senators Tom Cotton (R-Arkansas) and Mark Kelly (D-Arizona). Mark Jensen, CEO of American Resources commented, "In the first half of 2022 we will be operating our Noblesville, Indiana rare earth processing facility that will be producing isolated critical and rare earth elements to a 99.5% or greater purity through the recycling of end-of-life permanent magnets and lithium-ion batteries.

American Resources Corporation Supports the U.S. Senate Proposed Bill: Restoring Essential Energy and Security Holdings Onshore for Rare Earths Act of 2022

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

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

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

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

News for American Resources Corp Stock (AREC)