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 Q4 2020

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Earnings data Q3 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.

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Proposed Transaction represents a $280 million consideration and assumption of certain debts and environmental reclamation bonds FISHERS, IN / ACCESSWIRE / October 4, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") subsidiary American Carbon Corporation ("American Carbon"), an owner and operator of low-cost, high-quality metallurgical and specialty carbon assets, has entered into a letter of intent to sell its carbon mining assets to a strategic party for the total consideration of approximately $280 million. The consideration takes the form of an upfront cash payment at closing, a share of profits generated from operations, an ongoing royalty payment based on carbon sales and minority equity interest upside.

American Resources Corporation Enters into Letter of Intent to Sell Carbon Mining Assets of Subsidiary American Carbon Corporation

Mr. Tragethon brings leadership capabilities to international expansion with over 10 years of experience in Africa with the United States Department of State ReElement's innovative critical mineral refining technology is being recognized in international markets as competitive and effective supply chain solution FISHERS, IN / ACCESSWIRE / October 2, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies LLC ("ReElement"), a leading provider of high performance refining capacity of rare earth and battery elements, announced today it has expanded its executive team with the appointment of Shane Tragethon as Vice President, International Strategy focusing on international development and growth. Mr. Tragethon will work alongside the executive team to expand the geographical footprint of the business through the deployment of its next generation refining capacity, commercial partnerships, as well as product offerings throughout North American and international markets.

American Resources Corporation's ReElement Technologies Expands International Team with the Appointment of Shane Tragethon as Vice President, International Strategy

Reviva Pharmaceuticals

Sharps Technology Inc

ORLANDO, FL / ACCESSWIRE / September 29, 2023 / RedChip Companies will air interviews with Sharps Technology, Inc. (NASDAQ:STSS), Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:RVPH) and American Resources Corp. (NASDAQ:AREC) on The RedChip Money Report®, a sponsored program on Bloomberg TV, this Saturday, September 30, at 7 p.m. Eastern Time (ET).

Sharps Technology, Reviva Pharmaceuticals, and American Resources Corp. Interviews to Air on the RedChip Money Report(R) on Bloomberg TV

Marion, Indiana has approved $46 million of local incentives for Company's 42-acre critical mineral refining campus for battery-grade lithium and magnet-grade rare earth elements First fully integrated domestic refinery producing ultra-pure battery elements (lithium, cobalt and nickel) and rare earth elements (neodymium, dysprosium and praseodymium) for EV battery and permanent magnet supply chains FISHERS, IN / ACCESSWIRE / September 21, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies LLC ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that it has received final approval for $46 million of local incentives from the City of Marion, Indiana in the form of an Economic Development Revenue Bond. This bond is being issued by the city as incentive for ReElement Technologies LLC to construct a state-of-the-art, commercial scale lithium, critical minerals, and rare earth elements refining facility utilizing ReElement Technologies' proprietary and patented chromatography technologies at the Company's recently announced 42-acre campus in Marion, Indiana.

American Resources Corporation's ReElement Technologies Secures $46 Million in Local Incentives for Lithium-Ion Battery and Rare Earth Element Recycling Campus

Genetic Technologies

ORLANDO, FL / ACCESSWIRE / September 15, 2023 / RedChip Companies will air interviews with Aridis Pharmaceuticals, Inc. (OTC:ARDS), Genetic Technologies Limited (ASX:GTG; NASDAQ:GENE), and American Resources Corporation (Nasdaq:AREC) on The RedChip Money Report®, a sponsored program on Bloomberg TV, this Saturday, September 16, at 7 p.m. Eastern Time (ET).

Aridis Pharmaceuticals, Inc., Genetic Technologies Limited, and American Resources Corporation Interviews to Air on the RedChip Money Report(R) on Bloomberg TV

Well-established visionary leader in capital markets and strategy Former Chief Strategy Officer of USA Rare Earth where he successfully led capital raising efforts, organizational growth and market penetration FISHERS, IN / ACCESSWIRE / September 6, 2023 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") a leading provider of next generation infrastructure inputs, announced today that its Board of Directors has appointed Josh Hawes as an independent director. Mr. Hawes brings over 20 years of experience in the areas of capital market construction, organizational and product strategy and driving shareholder returns.

American Resources Corporation Appoints Josh Hawes as Independent Director

American Resources Corporation (NASDAQ:AREC) said its ReElement Technologies subsidiary has expanded its executive team with the appointment of Ben Wrightsman as its president. The company noted that Wrightsman is a well-established leader in the battery sector who brings significant industry, operational and commercial expertise.

American Resources subsidiary ReElement Technologies appoints Ben Wrightsman as president

Well-established leader in the battery sector brings significant industry, operational and commercial expertise Former CEO of Battery Innovation Center (BIC) of Indiana where he successfully led it from a stalled rural engagement facility to a globally known innovation and incubation center of record impact, revenue, and recognition FISHERS, IN / ACCESSWIRE / August 21, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies LLC ("ReElement"), a leading provider of high performance refining capacity of rare earth and battery elements, announced today it has expanded its executive team with the appointment of Ben Wrightsman as President of ReElement. Mr. Wrightsman will work alongside the executive team to expand the business geographically through the deployment of its next-generation refining capacity, commercial partnerships, as well as product offerings within both North America and international markets.

American Resources Corporation's ReElement Technologies Expands Executive Team with Appointment of Ben Wrightsman as President

Graphex Group Ltd

ORLANDO, FL / ACCESSWIRE / August 18, 2023 / RedChip Companies will air interviews with American Resources Corporation (Nasdaq:AREC) and Graphex Group Limited (NYSE American:GRFX) on The RedChip Money Report®, a sponsored program on Bloomberg TV, this Saturday, August 19, at 7 p.m. Eastern Time (ET).

American Resources Corp. and Graphex Group Interviews to Air on the RedChip Money Report(R) on Bloomberg TV

American Resources Corporation (NASDAQ:AREC ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Mark LaVerghetta - Head of Corporate Finance and Communications Kirk Taylor - Chief Financial Officer Conference Call Participants Mike Niehuser - ROTH Capital Michael Samuels - Berthel Fisher & Co. Steve Segal - KBB Asset Management Operator Good day, everyone, and welcome to today's American Resources Corporation Second Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode.

American Resources Corporation (AREC) Q2 2023 Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) has reported its second-quarter financial results, and CEO Mark Jensen is optimistic about the trajectory the company is on in 2023.  "Throughout the past several months we've continued to execute on our strategic plan of action to monetize our unique platform of assets while continuing to solidify our strategic positioning within the value chain of our addressable markets,” Jensen said in a statement.

American Resources reports 2Q results ahead of planned ReElement Technologies spinoff

Company is executing on the monetization of its carbon platform receiving non-binding letters of intent (LOI) to sell the remaining assets of American Carbon and executing a LOI to sell Deane Mining LOI for American Carbon represents approximately $300 million in cash value or $3.83 per share The first domestic, commercial producer of separated and ultra-pure REEs from recycled permanent magnets and ultra-pure lithium from recycled lithium-based batteries and manufacturing scrap Company has showcased its ability to sustainably produce ultra-high pure lithium carbonate (>99.99% pure) from recycled feedstock through independent lab analysis Executing on global expansion and resource diversification strategy to secure partnerships to refine lithium ores from international sources Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 14, 2023 / 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 second quarter of 2023. The Company will host a conference call and webcast, today, August 14, 2023, at 4:30 PM ET (details below).

American Resources Corporation Reports Second Quarter 2023 Financial Results and Provides Business Outlook

American Resources Corporation (NASDAQ:AREC) has named a new CEO for its American Carbon mining division. Tarlis Thompson has more than 23 years of experience in the mining industry, most recently as president of American Carbon's Central Appalachian subsidiaries.

American Resources appoints Tarlis Thompson as CEO of American Carbon division

Tarlis Thompson has moved up in the ranks since joining the Company in 2015 and has demonstrated exemplary leadership and compassion while positioning and growing the carbon platform FISHERS, IN / ACCESSWIRE / August 11, 2023 / 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 Strategic Committee has approved the appointment of Tarlis Thompson as the Chief Executive Officer of its American Carbon subsidiary, a leading producer of high quality metallurgical and specialty carbon. Mark Jensen, CEO of American Resources Corporation commented, "As American Resources continues to grow, it is clear that there is a need to expand the team and enables those that have performed to move up through the ranks of the Company.

American Resources Corporation Names Tarlis Thompson as CEO of American Carbon's Mining Division

American Resources Corporation (NASDAQ:AREC) (AREC) said its subsidiary ReElement Technologies has achieved an ultra-high purity of 99.99% lithium from lithium iron phosphate (LFP) battery manufacturing waste using its exclusively licensed and patented multi-modal chromatography technology. The company said that its technology, developed in partnership with Purdue University, has been scaled up and achieved better than expected separation and purification results from commercial operation.

American Resources subsidiary ReElement Technologies produces ultra-high purity lithium from battery manufacturing waste

Patented Multi-Mode Chromatography technology has been scaled up and achieved better than expected separation and purification results from commercial operation Multi-Mode Chromatography technology scales modularly and is highly flexible to efficiently recycle and purify elements for an evolving battery chemistry landscape Lithium iron phosphate ("LFP") batteries are the key to large scale energy transition efforts FISHERS, IN / ACCESSWIRE / August 9, 2023 / 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 achieved an ultra-high purity of 99.99% lithium from its exclusively licensed and patented multi-modal chromatography technology that was developed in partnership with Purdue University. The results from LFP battery manufacturing scrap demonstrates the technology's ability to provide industry-best purity results across various lithium battery chemistries.

American Resources Corporation's ReElement Technologies Produces Ultra-High Purity, 99.99%, Battery-Grade Lithium from LFP Manufacturing Waste

American Resources Corporation (NASDAQ:AREC) chief executive Mark Jensen today presents on a panel at the NAATBatt Lithium Battery Recycling Workshop, in Indianapolis, Indiana. "Having our CEO discuss our world-leading innovation around recycling LFP battery material in the presence of the worldwide leaders in the battery industry is a great showcase of the work our team has done,” said Chris Moorman, chief commercial officer of AREC's wholly-owned subsidiary ReElement Technologies.

American Resources Corp CEO to showcase ‘world-leading innovation' at NAATBatt

Mark Jensen to Participate in NAATBatt Lithium Battery Recycling Workshop's Panel: Solutions for Recycling LFP FISHERS, IN / ACCESSWIRE / August 8, 2023 / 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, announced today that CEO, Mark Jensen, is presenting on a panel dedicated to innovations in recycling LFP battery chemistries. The NAATBatt Lithium Battery Recycling Workshop is bringing together over 200 global battery experts.

American Resources Corporation's ReElement Technologies Set to Present at NAATBatt, the Premiere Trade Association for Advanced Battery Technology

Company to host conference call on Monday, August 14th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 7, 2023 / 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 second quarter 2023 financial results on Monday, August 14, 2023. 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 Second Quarter 2023 Financial Results on August 14, 2023

American Resources Corporation (NASDAQ:AREC) subsidiary American Carbon struck a deal to sell certain assets of American Carbon Corporation associated with the Deane Mining Complex for a total enterprise value of about $20.6 million. The sale will further position American Carbon as a low-cost, streamlined, and pure play growth platform in the metallurgical carbon industry, CEO Mark Jensen told shareholders in a statement.

American Resources strikes $20.6M deal to sell non-core Deane Mining Complex assets

Offer represents a $20.6 million enterprise value in the form of upfront cash, royalty interest and replacement of environmental reclamation bonds FISHERS, IN / ACCESSWIRE / August 3, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") American Carbon subsidiary, a leading producer of high quality metallurgical and specialty carbon, has entered into a binding letter of intent to sell certain assets of American Carbon Corporation that are associated to the Company's Deane Mining Complex for a total enterprise value consideration of approximately $20.6 million. This consideration is payable to the Company in the form of an upfront cash payment, ongoing quarterly cash payments for up to $10.5 million, and the assumption of certain environmental reclamation bonds associated with related permits.

American Resources Corporation Enters into a Binding Letter of Intent to Sell Assets Associated to Its Deane Mining Complex

GRI Bio Inc

Live video webcasts with moderated interactive discussion with American Resources Corporation (NASDAQ:AREC) and GRI Bio (NASDAQ:GRI), respectively FRENCHTOWN, NJ / ACCESSWIRE / July 26, 2023 / JTC Team ("JTC"), a fully integrated corporate communications and investor relations firm, today announced it will host two Virtual Investor Spotlight events on Thursday, July 27, 2023 at 11:00 AM ET and 1:00 PM ET. (Details below).

JTC Team to Host Two Virtual Investor Spotlight Events on Thursday, July 27th

Live moderated video webcast on Thursday, July 27th at 11:00 AM ET FISHERS, IN / ACCESSWIRE / July 24, 2023 / 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, today announced that Mark Jensen, Chief Executive Officer and Kirk Taylor, Chief Financial Officer of American Resources Corporation and Mark Senti, Chief Executive Officer and Wade Senti, Chief Operating Officer of Advanced Magnet Lab, Inc. ("AML") of will present at the Virtual Investor Spotlight on Advanced Magnet Lab on July 27, 2023, at 11:00 AM ET. AML has developed PM-Wire™, a unique technology for the design, manufacture and optimized performance of permanent magnets and their end-use applications.

American Resources Corporation to Present at the Virtual Investor Spotlight with Advanced Magnet Lab, Inc.

American Resources Corporation (NASDAQ:AREC) said its subsidiary ReElement Technologies has appointed automotive and electric vehicle (EV) veteran Alex Hitzinger to its technical advisory board. The company said Hitzinger is a well-established industry expert with extensive experience leading autonomous and EV projects, having previously held roles at Toyota Motorsport, Red Bull Technology, Porsche, and Volkswagen Group (XETRA:VOW).

American Resources subsidiary ReElement Technologies adds auto and EV expert to technical advisory board

Well established industry expert with extensive experience including Toyota Motorsport, Apple's Titan electric car project, Red Bull Technology, Porsche LMP1 Project and Volkswagen Group FISHERS, IN / ACCESSWIRE / July 17, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") subsidiary, ReElement Technologies LLC ("ReElement Technologies"), a leading provider of high performance refining capacity of battery and rare earth elements, today announced the appointment of automotive and EV industry veteran Alex Hitzinger to its Technical Advisory Board. "We are extremely excited to welcome Alex to ReElement's Technical Advisory Board," commented Mark Jensen, Chief Executive Officer of American Resources.

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