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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American Resources Corporation (AREC) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.11 per share a year ago.

American Resources Corporation (AREC) Reports Q4 Loss, Misses Revenue Estimates

Royalty Management Holding Corp

Company successfully executed and closed $150 million tax exempt bond offering for the Company's Kentucky Lithium refining facility The first domestic, commercial producer of separated and high-purity REEs from recycled permanent magnets and high-purity battery elements from both ores and recycled feedstocks Company's patented chromatographic separation and purification process defining itself as the world-leading critical mineral refining technology Establishing first-of-their-kind partnerships pioneering full circular solutions for both rare earth elements and critical battery elements Strong balance sheet provides financial strength and flexibility to execute on its innovation, collaboration and growth plans Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / March 28, 2024 / 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 full year ended December 31, 2023. The Company will host a conference call and webcast, today, March 28, 2024, at 4:30 PM ET (details below).

American Resources Corporation Reports Full Year 2023 Financial Results and Provides Business Outlook

$150 million Tax-Exempt, Industrial Building Revenue Bonds will fund the development and operational commissioning of the United States' first-of-its-kind lithium processing and refining facility in Knott County, Kentucky Bond Purchase Agreement was executed with Hilltop Securities Inc. who acted as sole-underwriter for the bond offering FISHERS, IN / ACCESSWIRE / March 28, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, today announced that it has successfully executed and closed a Bond Purchase Agreement with Hilltop Securities Inc. for $150,000,000 principal amount of Kentucky Industrial Building Revenue Bonds, Series 2024, for the Company's Kentucky Lithium LLC ("KYL") complex located near the town of Kite, Kentucky. As previously stated, the Company's Knott County, Kentucky Lithium refining facility is being designed with an initial capacity to produce 15,000 metric ton per annum of either battery-grade lithium carbonate (Li2CO3) and/or lithium hydroxide (LiOH) and with the ability to modularly increase capacity beyond the initial build.

American Resources Corporation's ReElement Technologies Announces Successful Execution and Closing of Bond Purchase Agreement for $150 Million of Kentucky Industrial Building Revenue Bonds for its Kentucky Lithium Refinery

ReElement Technologies has signed agreements to recycle EV motor components from leading domestic auto manufacturer ReElement will recycle rare earth elements within EV motors back to ultra-pure rare earth oxides for new magnet production FISHERS, IN / ACCESSWIRE / March 26, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, is proud to announce a commercial partnership with a major U.S. auto manufacturer establishing a highly-efficient and world-leading circular economy for rare earth magnets in the United States. This commercial partnership follows an initial trial program whereby ReElement has showcased its low cost and environmentally friendly process to fully recycle and refine the high value rare-earth elements within EV motors back to ultra-pure magnet-grade rare-earth oxides (REO).

American Resources Corporation's ReElement Technologies Partners with Domestic Auto Manufacturer To Establish Circular Economy for Rare Earth Magnets

Company to host conference call on Thursday, March 28th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / March 20, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will report its fourth quarter and full year 2023 financial results on Thursday, March 28, 2024. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day.

American Resources Corporation to Report Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024

Joining in his individual capacity, Kamara is a former Ghanaian National Security Advisor and current high-level official for Economic Community of West African States (ECOWAS) Served as Ghana's Ambassador to Nigeria, the largest economy in Africa FISHERS, IN / ACCESSWIRE / March 18, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that its wholly owned subsidiary, ReElement Technologies Africa Ltd., has appointed His Excellency Baba Kamara to its Board of Directors as its first independent member of the African subsidiary.

American Resources Corporation Issues Corrected Press Release for the Appoint of His Excellency Baba Kamara to the Board of Directors of ReElement Technologies Africa Ltd. Subsidiary

Former Ghanaian National Security Advisor and current high-level official for Economic Community of West African States (ECOWAS) Served as Ghana's Ambassador to the country of Nigeria; one of the largest economies in the African continent FISHERS, IN / ACCESSWIRE / March 18, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that its wholly owned subsidiary, ReElement Technologies Africa Ltd., has appointed His Excellency Baba Kamara to its Board of Directors as its first independent member of the African subsidiary.

American Resources Corporation's ReElement Technologies Appoints His Excellency Baba Kamara to Board of Directors of ReElement Technologies Africa Ltd. Subsidiary

American Resources' (AREC) unit and EDPR NA join forces to revolutionize wind energy recycling, leading to sustainability in renewables.

American Resources (AREC), EDP Tie Up for Sustainable Wind Energy

Parties will collaborate to recycle rare-earth permanent magnets from decommissioned wind turbines through the Close the Loop Program Partnership synthesizes industry leaders to set a new standard for critical mineral sustainability for energy transition FISHERS, IN / ACCESSWIRE / March 12, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today a partnership with EDP Renewables North America ("EDPR NA"), a North American leader in the renewable energy sector, to advance sustainable practices in the wind energy sector through the EDPR NA's newly launched Close the Loop Program. The focus of this collaboration is efficient and sustainable recycling of neodymium-based permanent magnets from decommissioned wind turbines into magnet-grade rare earth elements, contributing to the development of a truly circular supply chain for renewable energy equipment and inputs.

American Resources Corporation's ReElement Technologies Joins Forces With EDP Renewables to Pioneer Sustainable Rare Earth Magnet Recycling

Term sheet represents a $300,000,000 valuation for ReElement Technologies and up to $50,000,000 investment round Certain members of management agree to coinvest in the round with a commitment of greater than $1,000,000 FISHERS, IN / ACCESSWIRE / March 7, 2024 / 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 the Company's Board of Directors has accepted the unsolicited term sheet received by an investment fund earlier this week. The terms of the proposed investment comes from an investment fund and includes the offer for leading an investment into the Company's wholly owned subsidiary, ReElement Technologies Corporation, for a total investment round of up to $50,000,0000 at a "pre-money" valuation of ReElement Technologies Corporation of $300,000,000.

American Resources Corporation's Board of Directors Approves ReElement Technologies Corporation's Proposed Term Sheet From Investment Fund

FISHERS, IN / ACCESSWIRE / March 5, 2024 / 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, due to regulatory and statutory requirements with the NASDAQ Capital Markets, the Record Date for the previously announced special dividend of Novusterra Inc. has been adjusted to now occur on March 18, 2024. Similarly, the distribution date for the special dividend is adjusted to now occur on March 25, 2024.

American Resources Corporation Adjusts the Record Date for Special Dividend of its Holdings in Novusterra Inc.

ReElement Technologies' patented process produces high purity rare earth oxides from recycled permanent magnets, returning the elements back to magnet grade materials The Company is currently scaling up its rare earth oxide refining capacity at its 425,000 square foot facility on its 42-acre Advanced Technology Campus located in Marion, Indiana FISHERS, IN / ACCESSWIRE / March 4, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that it has executed a sales and offtake agreement with USA Rare Earth LLC for the production and sale of ultra-pure rare earth elements using ReElement's patented purification and refining process, currently in production at its Noblesville, Indiana facility and being expanded at ReElement's Marion Advanced Technology Campus, located in Marion, Indiana. The sale of the purified elements to USA Rare Earth under the agreement commences in 2025 and expands to over 900 metric tons of high purity oxides (greater than 99.5% to 99.99% pure depending on the specific element being sold) annually by 2028, representing over $65 million in annual revenue (based on index and consensus pricing for the various rare earth elements) produced by ReElement.

ReElement Technologies Corporation Enters Into Purified Rare Earth Oxide Sales Agreement

FISHERS, IN / ACCESSWIRE / March 1, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, will be attending the following conferences in March where they will be presenting, providing thought leadership or meeting with customers and industry partners. PDAC Mineral Exploration & Mining Conference: March 4th and 5th, 2024 Location: Toronto, Ontario Canada PDAC is the premier North American mineral conference bringing together Investors, financiers, banking executives, fund managers, brokers, analysts, lawyers, mining developers, exploration managers, prospectors, geoscientists, students, government officials from around the world.

American Resources Corporation's ReElement Technologies Announces March Slate of Conferences

Novusterra has filed an S1 registration statement to prepare for a public listing which is currently under review by the Securities and Exchange Commission American Resources is distributing 1 share of Novusterra Inc. for every 12 shares of American Resources Corporation owned as of the Record Date in preparation of its proposed public listing FISHERS, IN / ACCESSWIRE / March 1, 2024 / 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 set a record and ex-dividend date to distribute a majority of the shares it holds in Novusterra Inc. via a special dividend to its underlying shareholders of record. Mark Jensen, CEO and Chairman of American Resources Corporation commented, "We are very pleased with the execution that Novusterra has demonstrated over the last twelve months; signing high value partnerships with Kenai Defense along with the United States Army and United States Air Force as well as furthering its technology development.

American Resources Corporation Sets Record Date of March 6, 2024 for Special Dividend of Its Holdings in Novusterra Inc.

American Resources Corporation is a coal company with multiple mining complexes, primarily focused on metallurgical coal. AREC has acquired mining rights to several large areas, with potential deals that could significantly increase shareholder value. AREC also has a promising processing business that could disrupt China's dominance in rare earth metals and strategically important minerals markets.

American Resources Is Misunderstood And Has An Enormous Upside

Novusterra's patented technology will be further developed and implemented through a research and development investment by the United States Army FISHERS, IN / ACCESSWIRE / February 13, 2024 / 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 their affiliated company, Novusterra Inc. (Private) ("Novusterra") a company specializing in the development and production of carbon nanomaterials and graphene for the infrastructure, agriculture, electrification economy, and national security announced today that the United States Army will be using its patented technology to develop greater protection of sensitive technologies. Through this collaborative partnership between Novusterra, Texas Tech University (its academic research partner), and under subcontract with Kenai Defense (a prime defense contractor with a focus on material technology development), the parties will further develop Novusterra's patents for the production of carbon nanostructures and graphene utilizing coal as its primary, low-cost feedstock for next-generation defense applications.

American Resources Corporation's Affiliated Company, Novusterra Inc., Announces Strategic Partnership with Kenai Defense, Texas Tech University, to Support U.S. Army Objectives

Novusterra's patented technology will be further developed and implemented through a research and development investment by the United States Army. FISHERS, IN / ACCESSWIRE / February 12, 2024 / Novusterra Inc. (Private) ("Novusterra" or the "Company"), a company specializing in the development and production of carbon nanomaterials and graphene for the infrastructure, agriculture, and electrification economy, and national security announced today that the United States Army will be using its patented technology to develop greater protection of sensitive technologies.

Novusterra Inc. Announces Strategic Partnership with Kenai Defense, Texas Tech University, to Support U.S. Army Objectives

American Resources (AREC) believes that the completed initial reserve study and material assays can make the mineral asset a world-class asset for iron ore, titanium & other key or strategic elements.

American Resources (AREC) Closes Mineral Asset Interest Buyout

Jamaican-based resource deposit further establishes American Carbon's foothold in the steelmaking supply chain for infrastructure development and expansion Acquisition of mineral deposit and exclusive offtake rights for six percent of American Carbon establishes an acquisition value of approximately $19.3 million Initial reserve analysis represents over 212.9 million tons of total feedstock deposits FISHERS, IN / ACCESSWIRE / February 7, 2024 / 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 acquired a 51% ownership interest in a diversified mineral asset with a focus on iron ore, titanium and vanadium with an initial estimated deposit of 212,925,000 tons of raw feedstock with an estimated 106,462,500 tons of ore body, based on an average of 50% magnetic material. Tarlis Thompson, Chief Executive Officer of American Carbon Corporation, emphasized the importance and expansion into the broader supply chain for infrastructure and steel inputs stated, "This project is a diversified and high-quality asset that our team and colleagues have worked on for over a year to evaluate the market need and importance for high value assets in the iron ore and titanium markets.

American Resources Corporation's American Carbon Corporation Completes Strategic Acquisition of 51% Interest in Iron Ore and Titanium Assets

FISHERS, IN / ACCESSWIRE / February 1, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, will be attending the following conferences in February where they will be presenting, leading discussions or meeting with customers and industry partners. Center for Strategic & International Studies (CSIS) - Mineral Processing Private Roundtable: February 1, 2024Location: Washington D.C.

American Resources Corporation's ReElement Technologies Announces February Slate of Conferences

Parties will collaborate to support a complete and EU-compliant, life-cycle solution for lithium-based batteries deployed in the EU marketplace Second MOU executed by ReElement to refine recycled black mass sourced from the German market back to high-purity, battery cell-grade products FISHERS, ID / ACCESSWIRE / January 30, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has executed a MOU with Battery Damage Service GmbH(BDS). This MOU forms the collaborative framework to support a complete and EU-compliant, life-cycle solution for lithium-based batteries deployed throughout the EU marketplace, and marks the second recently announced agreement from ReElement to source recycled black mass from the German market.

American Resources Corporation's ReElement Technologies Executes MOU with Battery Damage Service GmbH

Parties will collaborate to support the construction of African lithium-ion cell manufacturing plants or "gigafactories" within the African markets ReElement to support Afrivolt's construction of comprehensive circular lithium-battery ecosystem with African critical minerals refined in Africa utilizing ReElement's innovative chromatographic purification technology FISHERS, IN / ACCESSWIRE / January 23, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has executed a MOU with Afrivolt Pty Ltd ("Afrivolt"), a pioneer in developing large industrial projects to support the build-out of Africa's regional and global lithium-ion battery supply chains. The agreement between ReElement and Afrivolt will focus on establishing a comprehensive closed-loop lithium-battery and EV manufacturing ecosystem within Africa utilizing critical minerals mined in regional localities with refining and purification performed by ReElement Africa and its subsidiaries including ReElement Ghana.

American Resources Corporation's ReElement Technologies Executes MOU with Afrivolt Pty Ltd to Establish a Comprehensive Closed-Loop African Battery & EV Supply Chain

American Resources' (AREC) unit demonstrates that its patented chromatographic separation and purification method is a low-cost, scalable, flexible and environmentally safe alternative.

American Resources' (AREC) Arm Executes MOU With Duesenfeld

Law firm Alexander & Partner Rechtsanwälte mbB has strong representation in key markets for ReElement including Ghana, Nigeria, Senegal and Germany ReElement Technologies Ghana LLC will initially be wholly owned by ReElement Technologies Africa Ltd, a wholly owned subsidiary of ReElement Technologies Corporation FISHERS, IN / ACCESSWIRE / January 16, 2024 / 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 it has engaged law firm Alexander & Partner Rechtsanwälte mbB for the formation of ReElement Technologies Ghana LLC ("ReElement Ghana") under Ghanaian law along with future work in other key ex-US markets under development by ReElement Technologies. Shane Tragethon, Vice President of International Strategy of ReElement Technologies commented, "We are excited to work with the preeminent team of Alexander & Partner on the formation of our Ghanaian.

American Resources Corporation's ReElement Technologies Engages Law Firm Alexander & Partner for Formation of ReElement Ghana

The partnership includes regular deliveries of high quality LFP black mass, Duesenfeld Black®, for ReElement to refine back to battery-grade products The Duesenfeld battery shredding system for lithium-ion batteries is a world-leading technology for the sustainable processing of end-of-life batteries FISHERS, IN / ACCESSWIRE / January 11, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has executed a MOU for the supply of lithium iron phosphate (LFP) black mass with Duesenfeld GmbH (Duesenfeld). ReElement will refine the recycled LFP battery material feedstock back to battery grade lithium products such as lithium carbonate (Li2CO3) and/or lithium hydroxide (LiOH) at its Marion, Indiana and Noblesville, Indiana refining facilities.

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