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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Bob Galyen brings 46 years of battery industry experience which includes his time as CTO of CATL, the world's largest manufacturer of lithium batteries with over 84,000 employees FISHERS, IN / ACCESSWIRE / September 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 its majority-owned ReElement Technologies LLC division ("ReElement") has added battery industry veteran and expert Bob Galyen to its advisory board. Mark Jensen, CEO of American Resources Corporation commented, "We are honored and excited that Bob has agreed to join the ReElement advisory board at such an exciting moment for our Company.

American Resources Corporation's ReElement Technologies Adds Battery Industry Veteran Bob Galyen to Advisory Board

American Resources Corporation (NASDAQ:AREC) said its subsidiary, ReElement Technologies LLC, has signed a memorandum of understanding with USA Rare Earth Magnets LLC to supply recycled, high-purity rare earth oxides for its Stillwater, Oklahoma magnet manufacturing facility. Once fully commissioned, the Stillwater facility should be the first fully domestic rare earth magnet manufacturer in the United States, according to American Resources.

American Resources says subsidiary signs MOU with USA Rare Earth Magnets to create first domestic supply chain for rare earth magnets

The Combined Relationship Establishes the First Complete Domestic Lifecycle for Rare Earth Magnet Manufacturing in the United States FISHERS, IN / ACCESSWIRE / September 22, 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 subsidiary, ReElement Technologies LLC, has signed a Memorandum of Understanding ("MOU") for offtake with USA Rare Earth Magnets, LLC ("USA Rare Earth Magnets"), a wholly-owned subsidiary of USA Rare Earth, LLC ("USARE"), to supply them with recycled, high-purity rare earth oxides for their Stillwater, Oklahoma magnet manufacturing facility. Once fully-commissioned, the Stillwater facility is expected to be the first fully domestic rare earth magnet manufacturer in the United States.

American Resources Corporation's ReElement Technologies and USA Rare Earth Magnets Sign MOU for Offtake to Establish First Fully Domestic Supply Chain for Rare Earth Magnet Manufacturing

American Resources Corporation (NASDAQ:AREC) announced that its subsidiary ReElement Technologies LLC has started engineering, planning and development work for its second lithium ion battery and rare earth magnet recycling and metal recovery facility, which will use its patented chromatography technology to produce 99.9% pure critical battery material and 99.5% rare earth elements. American Resources CEO Mark Jensen said the ReElement division is poised for growth given the demand for domestically produced battery and magnet grade materials.

American Resources Corporation to build lithium ion battery and rare earth magnets recycling facility

New Facility Will Expand To Process 90,000 Tons of Critical Battery Materials (Black Mass) and 5,000 Tons of Rare Earth Magnets Annually by 2025 Site Selection Has Been Narrowed to Controlled Property in Either Indiana or West Virginia With Design and Engineer Already Commenced FISHERS, IN / ACCESSWIRE / September 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 its majority owned subsidiary, ReElement Technologies LLC, has commenced engineering, planning and development for its second lithium-ion battery and rare earth magnet recycling and metal recovery facility utilizing its patented chromatography technology to produce 99.9%+ pure critical battery material and 99.5%+ rare earth elements. Mark Jensen, Chief Executive Officer of American Resources Corporation commented, "The opportunity to continue the growth of our ReElement division is real and present given the demand for domestically produced battery and magnet grade materials.

American Resources Corporation to Build 200,000 Square Foot Combined Commercial Scale Lithium Ion Battery and Rare Earth Magnets Recycling Facility

American Resources Corporation (NASDAQ:AREC) announced that its majority-owned ReElement Technologies LLC division has entered into a partnership with Indiana-based RecycleForce, whereby the parties will jointly and independently source and process end-of-life products for its rare earth and critical battery elements to feed the domestic supply chain.  The supplier of rare earth and critical elements said under the terms of the partnership, post the sourcing of end-of-life products, RecycleForce will aggregate and preprocess a high concentrate feedstock of battery elements or permanent magnets to provide to ReElement.

American Resources Corp division partners with RecycleForce to process rare earth and battery element feedstocks

American Resources Has Commercialized the First Commercial Scale Rare Earth Element and Critical Battery Element Facility in the United States RecycleForce Is Leader in Work Force Rehabilitation and Has Processed Over 90 Million Pounds of Electronic Waste Since Inception The Parties Will Jointly and Independently Source and Process Rare Earth and Battery Element Feedstocks Through Collaborative Relationship To Be Purified by ReElement FISHERS, IN / ACCESSWIRE / September 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 ReElement Technologies LLC division ("ReElement") has entered into a partnership with Indiana-based RecycleForce, a 501(c)3 organization committed to reducing crime through employment and job training while improving the environment through electronics recycling, whereby the parties will jointly and independently source and process end-of-life products for their rare earth and critical battery elements to feed the domestic supply chain. Under the terms of the partnership, post the sourcing of end-of-life products, RecycleForce will aggregate and preprocess a high concentrate feedstock of battery elements or permanent magnets to provide to ReElement.

American Resources Corporation's ReElement Technologies Signs Partnership with RecycleForce

FISHERS, IN / ACCESSWIRE / September 12, 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 LaVerghetta, VP of Corporate Finance and Communications of American Resources Corporation will present at the H.C. Wainwright 24th Annual Global Investment Conference being held in New York, NY and virtually on September 12-14, 2022.

American Resources Corporation to Present at the H.C. Wainwright 24th Annual Global Investment Conference

FISHERS, IN / ACCESSWIRE / September 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 that members of its ReElement Technologies ("ReElement") team will be attending The Battery Show North America being held September 13-15, 2022 in Novi, Michigan. Mark Jensen, CEO, Thomas Sauve, President, and Chris Moorman, CCO of ReElement will be attending along with the Battery Innovation Center who will be exhibiting at booth 2813 and the Indiana Economic Development Corporation.

American Resources Corporation's ReElement Technologies to Attend The Battery Show North America

Live video webcast presentation on Thursday, September 8th at 1:00 PM ET FISHERS, IN / ACCESSWIRE / September 6, 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 of American Resources Corporation and Jeff Peterson, Chief Operating Officer of ReElement Technologies will present at the Virtual Investor Spotlight on Thursday, September 8, 2022 at 1:00 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 and www.reelementtech.com).

American Resources Corporation's ReElement Technologies LLC to Participate in Virtual Investor "The Importance of Domestically Sourced Rare Earth and Critical Elements" Spotlight Event

American Resources Corporation (NASDAQ:AREC) said it has agreed to sell exclusive patent rights in carbon nanostructure and graphene technology to Novusterra Inc for US$16 million worth of Novusterra stock, paid in Class A common shares. Also, members of American Resources Corporation (NASDAQ:AREC) will take over the management of Novusterra as well as join its board of directors.

American Resources Corporation sells exclusive rights to carbon nanostructure and graphene patents; takes over management of Novusterra Inc

Novusterra has acquired the exclusive patent rights in Graphene and Carbon Nanostructure technology from American Resources Corporation in exchange for $16 million worth of Novusterra Stock Members of American Resources Corporation will take over the management of Novusterra Inc. as well join its Board of Directors MIAMI, FL / ACCESSWIRE / August 31, 2022 / Novusterra Inc. (Private) ("Novusterra" or the "Company"), a rapidly growing company focused on developing and commercializing high-value products and applications for graphene and carbon nanostructures, today announced that it has acquired the exclusive rights to patents for graphene and carbon nanostructure from American Resources Corporation in exchange for $16 million of Class A common Novusterra shares. Andrew Weeraratne, CEO of Novusterra Inc. commented, "We are excited to complete this transaction to drive fundamental value for our shareholders and build a world class team to help navigate the growth of the company in the future.

Novusterra Acquires Exclusive Rights to Carbon Nanostructure and Graphene Technology

American Resources Corporation has agreed to sell their exclusive patent rights in Carbon Nanostructure and Graphene technology to Novusterra Inc. in exchange for $16 Million worth of Novusterra stock Members of American Resources Corporation will take over the management of Novusterra Inc. as well as join its Board of Directors American Resources intends to dividend a majority of the shares that it receives through this transaction to its underlying investors at or before Novusterra's public offering, which is still subject to exchange and SEC approvals FISHERS, IN / ACCESSWIRE / August 31, 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 sold its exclusive patent rights in carbon nanostructure and graphene technology to Novusterra Inc. ("Novusterra") for $16 million paid in all Class A common Novusterra shares. Mark Jensen, Chief Executive Officer of American Resources Corporation commented, "We believe this transaction with Novusterra will enable us to unlock the value of these technologies for American Resources' shareholders as well as establish a platform and team for growing the business opportunity and maximizing the value of the technologies themselves.

American Resources Corporation Sells Exclusive Rights to Carbon Nanostructure and Graphene Patents

The stock price of Rex American Resources (REX) fell by 14.57% in the most recent trading session. This is why.

Rex American Resources (REX) Stock: Why It Fell 14.57%

Up to $10,000,000 of stock is authorized to be repurchased at the discretion of management over the board FISHERS, IN / ACCESSWIRE / August 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 its Board of Directors has authorized a stock repurchase program (the "Share Repurchase Program") for up to $10,000,000 of its shares of common stock outstanding. Kirk Taylor, Chief Financial Officer of American Resources Corporation commented, "Our special committee has been evaluating numerous initiatives that it believes will maximize shareholder value in the short term, medium term and long term.

American Resources Corporation Announces Board Authorization for Stock Repurchase Program

American Resources Corporation (NASDAQ:AREC) and its subsidiary American Carbon LLC have expanded a non-dilutive, traditional asset-backed credit line of $15 million that can be drawn upon to fund growth initiatives. The expanded credit facility is a traditional loan secured by certain equipment of the company's American Carbon division, and carries a 36-month term bearing an effective initial interest rate of approximately 14.48%, the company said.

American Resources expands $15M credit line for American Carbon subsidiary

$15 million credit facility provides access to non-dilutive, growth capital to further expand revenues and cashflow Provides company operational and strategic flexibility to expand production and maximize margins that can be drawn upon at the discretion of management FISHERS, IN / ACCESSWIRE / August 22, 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, along with its wholly-owned subsidiary American Carbon LLC, has expanded a non-dilutive, traditional asset backed credit line of $15 million that can be drawn against for growth initiatives. Kirk Taylor, Chief Financial Officer of American Resources Corporation commented, "We are excited to be able expand this non-dilutive capital source that can be drawn upon for additional growth initiatives at our American Carbon division.

American Resources Corporation Expands Non-Dilutive, Growth-Driven Credit Facility for Its American Carbon Division

American Resources Corporation (NASDAQ:AREC) has lauded the US Inflation Reduction Act's (IRA) support for a more resilient, domestic supply chain for critical minerals and highlighted how the bill is aligned with its industry-leading accomplishments. American Resources is 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.

American Resources applauds Inflation Reduction Act's support for domestic critical mineral production

The Inflation Reduction Act (IRA) Marks a New Era in Climate Policy With $369 Billion in Incentives To Navigate the Energy Transition IRA Provisions Aim To Bolster Domestic Critical Mineral Production and Is Highly Aligned With the Company's ReElement Technologies' Accomplishments FISHERS, IN / ACCESSWIRE / August 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 applauds the Inflation Reduction Act's support for a more resilient, domestic supply chain for critical minerals and highlights how the bill is highly aligned with its industry-leading accomplishments. Mark Jensen, CEO of American Resources commented, "We believe it is highly important for the United States to develop a resilient and sustainable supply chain of critical and rare earth elements to significantly reduce the dependency on foreign nations.

American Resources Corporation Applauds the Inflation Reduction Act's Support for Domestic Critical Mineral Production

American Resources Corporation (NASDAQ:AREC ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Mark LaVerghetta - Vice President, Corporate Finance & Communications Kirk Taylor - Chief Financial Officer Mark Jensen - Chairman of the Board & Chief Executive Officer Conference Call Participants Mike Niehuser - ROTH Capital Partners Steven Segal - KBB Asset Management Michael Samuels - Berthel, Fisher Operator Greetings, and welcome to the American Resources Corporation Second Quarter 2022 Conference Call. At this time, all participants are in a listen-only mode.

American Resources Corporation (AREC) CEO Mark Jensen on Q2 2022 Results - Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC) announced record 2Q revenues of $16.2 million – the best quarterly financial performance in the firm's history driven by steady expansion of its carbon and rare earths business. The company saw 78% quarter-over-quarter revenue growth and far above the $393,200 figure it posted in the same year-ago quarter.

American Resources posts record quarter with revenue of $16.2M as specialty and metallurgical carbon platform ramps up

Record quarterly revenues of $16.2 million represents the best in Company's history with significant expansion opportunities over the balance of the year Company boasts 78% quarter-over-quarter revenue growth; adjusted EBITDA for the 2Q 2022 of $11.5 million The first domestic, commercial producer of separated and high-purity REEs from recycled permanent magnets On track to commercially produce separated and high-purity battery elements from recycled lithium-based batteries in 4Q 2022 Company's patented chromatographic separation and purification process defining itself as the only complete recycling solution for all the critical and REEs in the EV powertrain Company's carbon platform well positioned to capitalize on continued market strength and opportunities over the next several years Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 15, 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 second quarter of 2022 and provided a corporate update. The Company will host a conference call and webcast, today, August 15, 2022, at 4:30 PM ET (details below).

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

American Resources Corporation (NASDAQ:AREC) announced it has started planning and development on another two carbon mines in Pike County, Kentucky, which will supply its McCoy Elkhorn complex. In a statement, American Resources told shareholders that the mines have a “low cost of development” and are capable of producing up to 45,000 tons per month.

American Resources starts development on two more carbon mines to feed McCoy Elkhorn complex

Mines have a low-cost of development and are capable of producing up to 45,000 tons per month Company's McCoy Elkhorn complex has substantial embedded organic growth with its hub and spoke model, existing permits, 2 onsite carbon processing facilities and rail load out facility FISHERS, IN / ACCESSWIRE / August 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 post the success of staffing and starting its Carnegie 2 mine, it has commenced planning and development on its next two carbon mines in Pike County, KY to supply its McCoy Elkhorn complex with additional low cost high quality metallurgical carbon for the global steel industry. Tarlis Thompson, COO of American Resources commented, "Over the last 7 years we have acquired, restructured and repositioned our extensive asset base enabling our carbon platform to deliver substantial organic growth that require low capital investment.

American Resources Corporation Commences Planning and Development on Next Two Metallurgical Carbon Mines

REX American Resources stock (NYSE: REX) has lost 1.9% in the last week, underperforming the S&P 500 (up 0.4%).

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