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.

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American Resources Corporation (NASDAQ:AREC) subsidiary ReElement Technologies announced that it has gained a controlling interest in the former RCA Thomson plant in Marion, Indiana to be its second rare earth and battery material refining facility.  The site comprises 425,000 square feet of manufacturing capacity on a 42-acre campus, allowing ReElement to expand to 675,000 square feet of purified rare earth and critical mineral production.

American Resources subsidiary ReElement Technologies gains second critical minerals refining facility

Site includes 42 acres with approximately 425,000 square feet currently under roof, with ability to expand to 675,000 square feet of purified rare earth and critical mineral production Site will produce ultra-pure battery elements (lithium, cobalt, nickel and manganese) and rare earth elements (neodymium, dysprosium and praseodymium) for EV battery and permanent magnet supply chains FISHERS, IN / ACCESSWIRE / July 13, 2023 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies LLC, a leading provider of high performance refining capacity of battery and rare earth elements, is pleased to announce it has taken a controlling interest in the former RCA Thomson plant in Marion, Indiana, comprising 425,000 square feet manufacturing capacity on a 42 acre total campus for ReElement Technologies' rare earth and battery material refining. Mark Jensen, CEO of American Resources commented, "After almost a year of careful analysis and extensive due diligence, we are excited to announce our expansion in Marion, Indiana for our second battery and rare earth element refining facility.

American Resources Corporation's ReElement Technologies Selects Location for Its Next Critical Mineral Refining Facility in Marion, Indiana

Live moderated video webcast on Wednesday, July 12th at 2:00 PM ET FISHERS, IN / ACCESSWIRE / July 10, 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 LaVerghetta Vice President of Corporate Finance & Communicationsof American Resources Corporation, will participate in the Virtual Investor Summer Spotlight Series on Wednesday, July 12, 2023, at 2:00 PM ET. A live video webcast of the presentation will be available on the Events section of the Investors page of the Company's website (www.americanresourcescorp.com).

American Resources Corporation to Participate in the Virtual Investor Summer Spotlight Series

American Resources Corporation (NASDAQ:AREC) announced that its reElement Technologies division and its offtake partner have received a notice of allowance from the US Patent and Trademark Office.  The allowance was granted for a pending patent application covering magnets manufactured by a "powder-in-tube" process, which Advanced Magnet Lab (the offtake partner) calls PM-Wire.

American Resources' reElement Technologies division touts US patent allowance for its magnet manufacturing partner

Advanced Magnet Lab, Inc. (AML) has developed a novel and innovative approach to manufacturing magnets that contain both rare earth and non-rare earth elements FISHERS, IN / ACCESSWIRE / June 30, 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 celebrates AML's announcement that the United States Patent and Trademark Office has provided a notice of allowance for a pending patent application covering magnets manufactured by a "powder-in-tube" process. This breakthrough technology, called PM-Wire™, takes a new approach for the design, manufacture and optimized performance of permanent magnets and their end-use applications.

American Resources Corporation's ReElement Technologies Investment and Offtake Partner Advanced Magnet Lab Inc. Receives Notice of Allowance for Patent for Novel Method of Manufacturing Permanent Magnets with Powder-in-Tube Process

American Resources Corporation (NASDAQ:AREC) revealed that it has received an unsolicited bid for the assets of its wholly-owned metallurgical carbon division, American Carbon, which included upfront cash, assumption of debt, and a scaling royalty structure totaling an implied enterprise value of about $260 million.  The supplier of raw materials to the rapidly growing global infrastructure market said the proposal, which included $12 million in cash over the first six months, assumption of certain debts plus a structured royalty stream over a 12-year period, was not accepted due to the duration and structure of the consideration payments.

American Resources receives unsolicited bid for American Carbon division

Strategic Committee and members of the Board of Directors determine the proposed structure and duration of payments of the unsolicited proposal does not achieve the best interests of American Resources' shareholders Company remains committed on monetizing assets of its carbon business either through sale, lease or production of the divisions Company focused on expanding production at McCoy Elkhorn and Wyoming County Coal post the closing of $45 Million tax exempt bond financing FISHERS, IN / ACCESSWIRE / June 28, 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, shares that it has received an unsolicited bid for the assets of its wholly owned metallurgical carbon division, American Carbon, that included upfront cash, assumption of debt and a scaling royalty structure totaling an implied enterprise value of approximately $260 million. The proposal was not accepted due to the duration and structure of the consideration payments, but the Company remains committed to maximizing the value for shareholders including the sale, lease or expansion of production from the Company's first-class metallurgical carbon assets.

American Resources Corporation Receives Unsolicited Bid for American Carbon for Up To $260 Million in Total Enterprise Value

American Resources Corporation (NASDAQ:AREC) revealed that the initial shipment of lithium ore feedstock has been funded and shipped as part of an overall offtake partnership with its South African business collaborators. The Fishers, Indiana-based supplier of raw materials to the global infrastructure market, said it has started the shipment of lithium spodumene ores from Africa which will be refined to greater than 99.9% battery-grade lithium carbonate or hydroxide using its patented ReElement Technologies refining process.

American Resources funds initial shipments of lithium ores and narrows down potential US ore processing sites

Initial shipment of lithium ore feedstock has been funded and being shipped as part of overall offtake partnership from South African sources ReElement will develop initial processing capacity in the United States with concurrent development of up to 80% of processing in local economies in Africa FISHERS, IN / ACCESSWIRE / June 27, 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, as previously announced, has entered into an offtake from its South African partners and has funded and commenced the initial shipment of lithium spodumene to the United States for refining, with a goal of having refining capacity in the United States as well as large scale capacity throughout Africa. The Company is in site selection for its initial South African refining facility and has also narrowed down its U.S. based site selection for lithium refining capacity of 120,000 metric tons per year to four states (West Virginia, Kentucky, Tennessee and Indiana).

American Resources Corporation Funds Initial Shipments of Lithium Ores and Provides Update on Ore Processing Site Selection

Kirk Taylor, American Resources' CFO to Moderate "How Does Battery Energy Storage Help?" Roundtable ReElement Technologies' independent director, Bob Galyen, to give keynote address FISHERS, IN / ACCESSWIRE / June 19, 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 participate at the 2023 Honeywell User Group Event: Optimizing Transformation being held June 18-22, 2023.

American Resources Corporation to Participate at the 2023 Global Honeywell Users Group (HUG) Event: Optimizing Transformation

Live moderated video webcast on Monday, June 12th at 12:00 PM ET FISHERS, IN / ACCESSWIRE / June 9, 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, will present at the Virtual Investor Spotlight on American Resources' US / African Supply Chain For Critical Minerals Using the Three "E's" (Ethics, Economic and Environmental) on June 12, 2023, at 12:00 PM ET. As part of the event, members of the American Resources management team will discuss its recently announced signing of an offtake agreement to purchase 6%+ lithium spodumene ores from a series of regional operating mining concessions to be refined to greater than 99.9% pure, battery-grade lithium carbonate or hydroxide using its wholly-owned ReElement Technologies' patented refining and purification processes.

American Resources Corporation to Present at the Virtual Investor Spotlight on American Resources' US / African Supply Chain For Critical Minerals Using the Three "E's" (Ethics, Economic and Environmental)

American Resources Corporation (NASDAQ:AREC) closed the book on its largest financing to date, a $45 million revenue bond for its Wyoming County Coal complex in West Virginia. The bond, issued by the West Virginia Development Authority Solid Waste Disposal Facility Revenue Bonds, Series 2023, carry an interest rate of 9% and mature on June 8, 2038.

American Resources closes biggest financing to date for Wyoming County Coal Complex

$45 million Tax-Exempt Industrial Development Bonds will fund the expansion and technological improvements to the existing metallurgical carbon processing facility as well as the integration and construction of new rare earth processing capacity FISHERS, IN / ACCESSWIRE / June 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 successfully closed its offering of $45,000,000 principal amount of West Virginia Development Authority Solid Waste Disposal Facility Revenue Bonds, Series 2023, for the Company's Wyoming County Coal ("WCC") complex located near the town of Oceana, West Virginia. The bonds hold an interest rate of 9% and a maturity date of June 8, 2038.

American Resources Corporation Announces Successful Closing of $45 Million West Virginia Economic Development Authority Solid Waste Disposal Facility Revenue Bond Issuance

(Kitco News) - American Resources (NASDAQ: AREC) today announced that it has entered into the first stage of a South African partnership through the signing of an offtake agreement to purchase 6%+ lithium spodumene ores from regional operating mining concessions.

American Resources inks agreement to purchase lithium spodumene ores in South Africa for further refining

American Resources Corporation (NASDAQ:AREC) revealed that it has forged a solid South African partnership by signing an offtake agreement to buy over 6% of lithium spodumene ores from regional operating mining concessions which will be refined by it into pure, battery-grade lithium carbonate or hydroxide. The Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market, said the lithium spodumene ores from Africa will be refined to greater than 99.9% battery-grade lithium carbonate or hydroxide using its patented ReElement Technologies refining process.

American Resources secures long term lithium spodumene purchase deal in South Africa

Initial phase of agreement will procure 5,000 metric tons of lithium spodumene ore per month, and later phase expected to increase to over 20,000 metric tons per month from two lithium mining concessions Company will leverage its world-leading and patented ReElement refining technology to produce ultra-pure lithium carbonate or hydroxide Concurrent with site selection for large-scale, South African refining facility to reduce logistics cost, carbon footprint and create local jobs and economic benefits FISHERS, IN / ACCESSWIRE / June 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, today announced that it has entered into the first stage of a South African partnership through the signing of an offtake agreement to purchase 6%+ lithium spodumene ores from a series of regional operating mining concessions to be refined to greater than 99.9% pure, battery-grade lithium carbonate or hydroxide using its wholly-owned ReElement Technologies' patented refining and purification processes. Mark Jensen, CEO of American Resources Corporation commented, "Our relationships throughout Africa are expediting our ability to drive supply chain efficiency and move quickly into the continent in a method that will both benefit our domestic supply chain for the supply of ultra-pure critical and rare earth elements, while at the same point provide an economic and social benefit to the African nations where we are operating.

American Resources Corporation Enters into Long Term Lithium Spodumene Purchase Agreement in South Africa

American Resources Corporation (NASDAQ:AREC) announced that it has entered into a bond purchase agreement with Hilltop Securities, Inc, for the sale of the West Virginia Economic Development Authority (WVEDA) preliminarily approved issuance of, and a volume cap allocation for $45 million of private activity, Solid Waste Disposal Facility Revenue Bonds, Series 2023, for the company's Wyoming County Coal (WCC) complex in West Virginia. The socially-responsible supplier of raw materials to the new infrastructure and electrification marketplace said the $45 million Tax-Exempt Industrial Development Bonds will fund the expansion and technological improvements to the existing metallurgical carbon processing facility as well as the integration and construction of new rare earth processing capacity.

American Resources inks $45M bond purchase deal for carbon processing facility in West Virginia

Wyoming County Coal set to be the first commercial producer of rare earth and critical elements from carbon waste streams $45 million Tax-Exempt Industrial Development Bonds will fund the expansion and technological improvements to the existing metallurgical carbon processing facility as well as the integration and construction of new rare earth processing capacity FISHERS, IN / ACCESSWIRE / June 1, 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 entered into a bond purchase agreement with Hilltop Securities, Inc., for the sale of the West Virginia Economic Development Authority ("WVEDA") preliminarily approved issuance of, and a volume cap allocation for $45,000,000 of private activity, Solid Waste Disposal Facility Revenue Bonds, Series 2023, for the Company's Wyoming County Coal ("WCC") complex located near the town of Oceana, West Virginia. On May 31, 2023, WCC entered into a Bond Purchase Agreement to sell West Virginia Development Authority Solid Waste Disposal Facility Revenue Bonds, Series 2023, at the purchase price of $45,000,000 less an underwriting discount of $900,000.

American Resources Corporation's Integrated Rare Earth, Critical Element and Metallurgical Carbon Processing Facility Signs Bond Purchase Agreement for $45,000,000

American Resources Corporation (NASDAQ:AREC) told investors that its ReElement Technologies subsidiary has signed a partnership agreement with American Lithium Energy Corporation (ALE) aimed at enhancing the current supply chain for lithium-ion batteries to the energy storage industry. Under the agreement, ReElement Technologies will supply the high-purity lithium and other refined battery minerals to be used in creating ALE's state-of-the-art batteries that are used in a variety of applications and industries including medical, aerospace, defense, and electric vehicles.

American Resources subsidiary signs lithium offtake and partnership agreements with American Lithium Energy

ReElement Technologies will supply high-purity, battery-grade materials for use in American Lithium Energy's battery manufacturing process The companies will work to co-locate operations within the other's facilities for battery manufacturing and efficient recovery of high value elements to recirculate back into the manufacturing process. American Resources Corporation and affiliates intend to invest up to $3 million into ALE to further align core competencies and growth objectives FISHERS, IN / ACCESSWIRE / May 31, 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, is pleased to announce that it has signed a partnership with American Lithium Energy Corporation ("ALE") to enhance the current supply chain for lithium-ion batteries to the energy storage industry by supplying battery-grade materials, investing in and co-locating advanced refining capacity with ALE's battery manufacturing.

American Resources Corporation's ReElement Technologies Signs Lithium Offtake and Partnership Agreements with American Lithium Energy Corporation

American Resources Corporation (NASDAQ:AREC ) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET Company Participants Mark LaVerghetta - VP, Corporate Finance and Communications Mark Jensen - Chairman and CEO Kirk Taylor - CFO Conference Call Participants Heiko Ihle - H.C. Wainwright Operator Good day ladies and gentlemen and welcome to the American Resources Corporation's First Quarter 2023 Conference Call.

American Resources Corporation (AREC) Q1 2023 Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) has released first quarter financial results and a corporate update, highlighting the progress at its ReElement Technologies and American Carbon divisions.  "Throughout the first quarter of 2023 we continued to focus on solidifying our strategic positioning within the value chain of our addressable markets,” CEO Mark Jensen said in a statement.

American Resources CEO says excitement is at 'all-time high' after 1Q results

The first domestic, commercial producer of separated and high-purity REEs from recycled permanent magnets and high-purity battery elements from recycled lithium-based batteries Company's patented chromatographic separation and purification process defining itself as the world-leading critical mineral refining technology Company has showcased its ability to sustainably produce ultra-high pure lithium carbonate (99.986% pure) from recycled batteries 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 / May 15, 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 first quarter of 2023. The Company will host a conference call and webcast, today, May 15, 2023, at 4:30 PM ET (details below).

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

Company to host conference call on Monday, May 15th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / May 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, today announced it will report its first quarter 2023 financial results on Monday, May 15, 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 First Quarter 2023 Financial Results on May 15, 2023

American Resources Corporation (NASDAQ:AREC ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Mark LaVerghetta - Vice President, Corporate Finance and Communications Mark Jensen - Chairman and Chief Executive Officer Kirk Taylor - Chief Financial Officer Tom Sauve - President Conference Call Participants Heiko Ihle - H.C. Wainwright Mike Niehuser - ROTH Capital Partners Steve Segal - KBB Asset Management Kyle Gallagher - Merrill Lynch Derrick Stone - Private Investor Operator Greetings.

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