American Resources Corp

American Resources Corp. engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on the operation of coal mining complexes located primarily within Pike, Knott, and Letcher Counties, Kentucky, and Wyoming County, West Virginia. The company was founded in 2006 and in headquartered in Fishers, IN.

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American Resources Corp reports robust revenue growth and strategic positioning

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

American Resources Corp reports strong Q1 performance and strategic focus

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

American Resources Corp (AREC) demonstrates resilience and growth strategies

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

American Resources Corp excels in Q3, eyes global mineral dominance

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

American Resources Corp reports Q4 revenue decline but anticipates Q2 growth

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

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

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

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

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

American Resources Corp reports strong Q3 performance and strategic growth plans

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

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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%).

What To Expect From REX American Resources Stock After Stock Split?

American Resources Corporation (NASDAQ:AREC) said it has received an allocation commitment totalling $4.9 million in federal New Markets Tax Credits for its Wyoming County coal (WCC) complex in West Virginia. The company noted the funding follows the West Virginia Economic Development Authority's support of a resolution preliminarily approving the issuance of up to $45 million of Tax-Exempt Solid Waste Disposal Facility Revenue Bonds, Series 2022 on behalf of American Resources' wholly-owned subsidiary Wyoming County Coal LLC, which is expected to close within the next 90 days.

American Resources receives $4.9 million in federal New Markets Tax Credits for its West Virginia coal complex

Federal commitment comes in the form of $4,900,000 in Federal New Markets Tax Credits (NMTC) for Wyoming County, West Virginia mining complex (WCC) NMTC allocation will be combined with the previously announced $45 million Tax-Exempt Industrial Development Bonds from West Virginia Use of proceeds will fund the expansion and technological improvements to the existing WCC processing facility as well as the new construction of the rare earth and critical element processing Creation of domestically sourced rare earth and critical elements for the electrification economy will meet the stated goals of current U.S. administration FISHERS, IN / ACCESSWIRE / August 9, 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 in addition to its previously announced preliminarily approval for the issuance of, and a volume cap allocation for $45,000,000 of private activity, Solid Waste Disposal Facility Revenue Bonds, the Company has received an allocation commitment totaling $4,900,000 of federal New Markets Tax Credits for the Company's Wyoming County Coal complex located near the town of Oceana, West Virginia. Kirk Taylor, Chief Financial Officer of American Resources Corporation commented, "We are excited to see the continued support of our innovative business model by both the federal and state governments.

American Resources Corporation Receives Commitment of $4,900,000 in Federal Credits and Provides Update on West Virginia Tax Exempt Bond for Advanced Carbon, Rare Earth and Critical Element Processing

Company to host conference call on Monday, August 15th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 8, 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 second quarter 2022 financial results on Monday, August 15, 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 Second Quarter 2022 Financial Results on August 15, 2022

FISHERS, IN / ACCESSWIRE / August 5, 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 NAATBatt Lithium Battery Recycling Workshop V being held August 8th and 9th, 2022 in Ann Arbor, Michigan. Chris Moorman, newly appointed CCO of ReElement Technologies commented, "I am excited to hit the ground running and share the success we are having with our industry partners, customers and other industry participants.

American Resources Corporation's ReElement Technologies to Attend NAATBatt Lithium Battery Recycling Workshop V

American Resources Corporation (NASDAQ:AREC) said it has boosted its ReElement Technologies division with new hires and promoted Jeff Peterson to the role of its chief operating officer after he has successfully led the firm's operations to commercialization. ReElement Technologies is focused on critical and rare earths and has developed its 'Capture-Process-Purify' process chain, which is low cost, scalable, flexible and environmentally safe.

American Resources boosts ReElement Technologies division with new hires and promotes Peterson to COO

Jeff Peterson promoted to Chief Operating Officer of ReElement Technologies after a year of successfully leading its operations to commercialization Dr. Yi Ding joins as Director of Research & Development from Purdue University as the technical lead for the Company's rare earth and battery element purification technology Chris Moorman joins as Chief Commercial Officer as lead for product sales and feedstock relationships FISHERS, IN / ACCESSWIRE / August 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 its majority-owned ReElement Technologies LLC division ("ReElement") has promoted Jeff Peterson to Chief Operating Officer and expanded the ReElement team with the appointments of Dr. Yi Ding as Director of Research & Development and Chris Moorman as Chief Commercial Officer. Mark Jensen, CEO of American Resources Corporation commented, "We are excited to move aggressively and strategically to expand our Company coming off of an exciting event of commencing commercial operations at our initial rare earth and battery element purification facility.

American Resources Corporation Bolsters and Expands ReElement Technologies' Team with Key Hires

Live Video Webcast Presentation on Wednesday, August 3 rd at 11:00 AM ET FISHERS, IN / ACCESSWIRE / August 1, 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, post successfully commencing operations at ReElement Technologies' ("ReElement") first commercial-scale rare earth and battery element purification and refining facility whereby achieving greater than 99.5% pure REEs, it will present at the Virtual Investor Spotlight on Wednesday, August 3, 2022 at 11:00 AM ET. As part of the virtual event, the Company will discuss how reElement is leading the way in the production of critical and rare earth elements for the electrified economy using the most cost effective and environmentally and socially sustainable methods ever developed.

American Resources Corporation's reElement Technologies LLC to Present at the Virtual Investor Spotlight Event

American Resources Corporation (NASDAQ:AREC) announced that its majority-owned ReElement Technologies division has successfully produced greater than 99.5% pure isolated dysprosium, neodymium and praseodymium/neodymium rare earth elements (REEs) from its first commercial-scale rare earth and battery element isolation and purification facility in Indiana. Achieving ultra-high purity levels of these REEs comes from the facility's first commercial run through its ligand-assisted displacement (LAD) chromatography production train, the company said.

American Resource says ReElement Technologies division exceeds expectations with greater than 99.5% pure isolated rare earth elements (REE)

First commercial scale success in the United States for rare earth and battery element separation and purification Company's first commercial facility is 1000x larger than previous bench scale facility with significant opportunity for low cost expansion Facility utilizes proprietary and patented chromatographic separation and purification process; the most efficient and environmentally safe method ever developed FISHERS, IN / ACCESSWIRE / August 1, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that its majority-owned ReElement Technologies division has achieved groundbreaking success in producing greater than 99.5% pure isolated dysprosium (Dy), neodymium (Nd) and praseodymium (Pr) / neodymium (Nd) rare earth elements from its first commercial scale rare earth and battery element isolation and purification facility located in Noblesville, IN. The success of achieving ultra-high purity levels of these REEs comes from the facility's first commercial run through its state-of-the-art LAD displacement chromatography production train.

American Resources Corporation's ReElement Technologies Achieves Greater Than 99.5% Pure Isolated Rare Earth Elements at Commercial Scale Separation and Purification Facility

American Resources Corporation (NASDAQ:AREC) has said its Carnegie 1 mine is set to double metallurgical carbon production with the development of a continuous haulage bridge section. The section, when completed, is expected to add revenue of $2.25 million to $3.5 million per month at current prices.

American Resources says Carnegie 1 mine to double metallurgical carbon production with new section

Bridge section, upon completion, will add approximately $2.25 to $3.5 million per month of additional revenue. FISHERS, IN / ACCESSWIRE / July 29, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that it is in development of its second section that will operate as a continuous haulage bridge section, which upon completion, is expected to add $2.25 to $3.5 million per month of revenue at current market prices.

American Resources Corporation's Carnegie 1 Mine Set to Double Metallurgical Carbon Production with Development of Bridge Section

Through Website Redesign - The Clear Value Proposition of reELEMENT Is Made Clear FISHERS, IN / ACCESSWIRE / July 28, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced the rebranding of its reELEMENT Technologies ("reELEMENT") website, including newly produced industry and process and technology videos. Dave Sauve, Vice President of reELEMENT Technologies commented, "Highlighting and showcasing the efficiency and low environmental impact of our process and technology is important as we are creating a domestic alternative to the existing environmentally and socially disastrous alternatives used across the globe.

American Resources Corporation's reELEMENT Tecnologies Division Continues Brand Leadership and Differentiation

American Resources Corporation (NASDAQ:AREC) has announced that, at the request of an independent board member and shareholder, it has created a special committee to evaluate strategic opportunities that can unlock the value of the company for its shareholders. The extractor and processor of metallurgical carbon said the value-creating strategies may include the spin offs of certain divisions, stock repurchase programs, and going private or sale of certain divisions.

American Resources forms special committee to evaluate shareholder value creation events

Committee Comprised of Members of the Board and Management To Conduct Strategic Review To Evaluate and Explore Further Methods That Can Unlock Value of the Company FISHERS, IN / ACCESSWIRE / July 27, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that, at the request of an independent board member and shareholder, has created a special committee to evaluate strategic opportunities that can unlock the value of the Company for its shareholders. Mark Jensen, CEO of American Resources Corporation commented, "We are extremely excited about our progress as a business on a fundamental basis and the opportunities we have in front of us, but also concur that the enterprise value of the business is currently at a substantial discount to our peers.

American Resources Corporation Establishes Special Committee to Evaluate Strategic Valuation Creation Events

American Resources Corporation (NASDAQ:AREC) revealed that it has started initial production ahead of schedule at its greenfield Carnegie 2 metallurgical carbon operation in Pike County, Kentucky. The Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market said after the mine's initial production, it will increase the output at Carnegie 2 over the next several months to maximize production, revenue, and cash flow.

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