STOCK TITAN

American Resources Corporation's ReElement Technologies Advances as Finalist for National Science Foundation Award as Part of the Critical Materials Crossroads Consortium

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)

American Resources (NASDAQ:AREC) announced that its portfolio company ReElement Technologies is part of the Critical Materials Crossroads consortium, which advanced as one of 15 finalists for the National Science Foundation Regional Innovation Engines competition.

The award offers up to $160 million over ten years to accelerate regional innovation, with on-site NSF assessments scheduled for January 2026 and awardees expected to be announced in early 2026. The consortium builds a vertically integrated critical materials hub in Kansas City and began with a $1 million, 24-month federal cooperative agreement awarded in May 2023.

American Resources (NASDAQ:AREC) ha annunciato che la sua società in portafoglio ReElement Technologies è parte del consorzio Critical Materials Crossroads, che è avanzato come una delle 15 finaliste per la competizione National Science Foundation Regional Innovation Engines.

L'offerta prevede fino a 160 milioni di dollari in dieci anni per accelerare l'innovazione regionale, con le valutazioni in loco della NSF previste per gennaio 2026 e i vincitori dovrebbero essere annunciati all'inizio del 2026. Il consorzio sta costruendo un hub di materiali critici verticalmente integrato a Kansas City ed è iniziato con un accordo di cooperazione federale di 1 milione di dollari, della durata di 24 mesi, assegnato a maggio 2023.

American Resources (NASDAQ:AREC) anunció que su empresa de cartera ReElement Technologies forma parte del consorcio Critical Materials Crossroads, que avanzó como una de las 15 finalistas para la competencia Regional Innovation Engines de la National Science Foundation.

El premio ofrece hasta 160 millones de dólares en diez años para acelerar la innovación regional, con evaluaciones in situ de la NSF programadas para enero 2026 y se espera que los ganadores sean anunciados a principios de 2026. El consorcio está construyendo un centro de materiales críticos verticalmente integrado en Kansas City y comenzó con un acuerdo de cooperación federal de 1 millón de dólares, de 24 meses, otorgado en mayo de 2023.

American Resources (NASDAQ:AREC)는 포트폴리오 회사인 ReElement Technologies가 Critical Materials Crossroads 컨소시엄의 일원이며, 이 컨소시엄이 National Science Foundation의 Regional Innovation Engines 대회에서 15명의 finalists 중 하나로 진출했다고 발표했다.

상은 지역 혁신을 가속하기 위해 10년간 최대 1억 6천만 달러를 제공하며, NSF의 현장 평가가 2026년 1월에 예정되어 있고 수상자는 2026년 초에 발표될 예정이다. 이 컨소시엄은 Kansas City에 수직적으로 통합된 중요한 소재 허브를 구축하고 있으며, 2023년 5월에 수여된 100만 달러의 24개월 연방 협력 협정으로 시작했다.

American Resources (NASDAQ:AREC) a annoncé que sa société de portefeuille ReElement Technologies fait partie du consortium Critical Materials Crossroads, qui s’est qualifié comme l’un des 15 finalistes pour la compétition Regional Innovation Engines de la National Science Foundation.

La récompense offre jusqu’à 160 millions de dollars sur dix ans pour accélérer l’innovation régionale, avec des évaluations in situ de la NSF prévues pour janvier 2026 et les lauréats devraient être annoncés au début de 2026. Le consortium construit un hub de matériaux critiques verticalement intégré à Kansas City et a débuté avec un accord de coopération fédérale de 1 million de dollars, d’une durée de 24 mois, attribué en mai 2023.

American Resources (NASDAQ:AREC) gab bekannt, dass sein Portfoliounternehmen ReElement Technologies Teil des Critical Materials Crossroads-Konsortiums ist, das sich als einer der 15 Finalisten für den Wettbewerb Regional Innovation Engines der National Science Foundation qualifiziert hat.

Die Auszeichnung bietet bis zu 160 Millionen US-Dollar über zehn Jahre, um regionale Innovation zu beschleunigen, mit Vor-Ort-Bewertungen der NSF, die für Januar 2026 geplant sind, und die Preisträger sollen voraussichtlich im Frühjahr 2026 bekannt gegeben werden. Das Konsortium baut ein vertikal integriertes Zentrum für kritische Materialien in Kansas City auf und begann mit einer 1 Million US-Dollar schweren, 24-monatigen föderalen Kooperationsvereinbarung, die im Mai 2023 vergeben wurde.

American Resources (NASDAQ:AREC) أعلنت أن شركتها في المحفظة ReElement Technologies جزء من ائتلاف Critical Materials Crossroads، الذي تقدم كأحد 15 متأهلاً لسباق National Science Foundation Regional Innovation Engines.

تقدم الجائزة حتى 160 مليون دولار على مدى عشر سنوات لتسريع الابتكار الإقليمي، مع تقييمات NSF في الموقع المقررة لـيناير 2026 ومن المتوقع إعلان الفائزين في أواخر 2026. يعمل الائتلاف على بناء محور للمواد الحرجة مدمج رأسياً في كانساس سيتي وبدأ بـ1 مليون دولار، اتفاقية تعاون اتحادية لمدة 24 شهراً مُنحت في مايو 2023.

American Resources (NASDAQ:AREC) 宣布其投资组合公司 ReElement Technologies 已成为 Critical Materials Crossroads 共同体的一部分,该共同体在美国国家科学基金会区域创新引擎比赛中晋级为 15 名决赛选手之一。

该奖项在十年内提供 高达 1.6 亿美元 以推动区域创新,NSF 的现场评估计划于 2026 年 1 月 进行,预计在 2026 年初 公布获奖者。该共同体正在堪萨斯城建设一个垂直整合的关键材料中心,并于 2023 年 5 月获得一项 100 万美元、为期 24 个月的联邦合作协议。

Positive
  • Named one of 15 NSF Engines finalists
  • Potential funding of up to $160M over 10 years
  • On-site NSF assessments planned for January 2026
  • $1M federal cooperative agreement
Negative
  • Final NSF award is competitive and not guaranteed; selection expected early 2026
  • Funding figure is up to $160M and may be lower if selected

Insights

Advancing to NSF Engines finalist ties ReElement/AREC to potential $160 million regional funding; outcome remains uncertain.

ReElement Technologies joins the Critical Materials Crossroads consortium as one of 15 national finalists for the NSF Regional Innovation Engines program, positioning the coalition to compete for up to $160 million over ten years to build a vertically integrated critical materials ecosystem. The consortium already received a $1 million federal cooperative agreement in May 2023, and the finalist selection reflects a multistage merit review process that narrowed nearly 300 letters of intent to 15 teams.

The business mechanism here is coalition-enabled non-dilutive funding that can underwrite research, workforce training, pilot-scale processing, and commercialization activities without issuing equity. Key dependencies include the NSF on-site assessments in January 2026 and NSF’s final award decisions expected in early 2026. The announcement does not guarantee funding, timelines, or specific award amounts to individual partners, so execution and sustained coalition alignment remain critical risks.

Watch for the on-site assessments in January 2026 and the NSF award announcements in early 2026; these milestones will materially change the program’s impact if funding is awarded. Short-term indicators to monitor include any disclosure of the consortium’s proposed budget split, defined lead roles for ReElement, and concrete pilot project commitments; absent an award, operational and workforce plans reliant on NSF Engines support will need alternative funding sources.

Critical Minerals Crossroads consortium, led by University of Missouri-Kansas City and including ReElement, is competing for major NSF Regional Innovation Engines Award

Total Award carries potential funding of up to $160 million over ten years

FISHERS, IN / ACCESS Newswire / October 7, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources") through its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, today announced that the Critical Materials Crossroads consortium - led by the University of Missouri-Kansas City (UMKC) in partnership with ReElement Technologies and other regional collaborators - has officially advanced as one of 15 national finalists for the National Science Foundation (NSF) Regional Innovation Engines competition.

Kirk Taylor, Chief Financial Officer of ReElement Technologies commented, "ReElement's multi-mineral refining platform has created a new standard for solving one of the most complex challenges in the critical mineral supply chain - economically viable refining. Through a collaborative approach, we're helping build domestic innovation and production ecosystems that are essential for long-term supply chain resilience. We're honored to partner with the Critical Materials Crossroads team on this vital initiative."

The NSF Engines program, launched in 2023, represents one of the nation's largest investments in regional innovation and workforce development. In early 2024, NSF received nearly 300 letters of intent for its second funding opportunity. From these, 71 teams advanced to submit full proposals, followed by a rigorous merit review process that selected 29 semifinalists. After in-depth virtual assessments of each team's leadership, partnerships, and vision, NSF selected 15 finalists - including the Critical Materials Crossroads - to move forward in the final round of competition.

As part of the final evaluation stage, the NSF will conduct on-site assessments of the finalist teams in January 2026 to further assess coalition alignment, leadership capacity, and research and innovation strategies. The NSF Engines awardees are expected to be announced in early 2026, with up to $160 million in funding over ten years available to accelerate regional economic growth, workforce development, and technology commercialization in key innovation areas.

The groundwork for the Critical Materials Crossroads initiative began in May 2023, when UMKC received a $1 million, 24-month federal cooperative agreement to develop a regional critical materials ecosystem in Kansas City. Since then, the consortium has been building a vertically integrated hub for critical materials processing, technology development, applied research, and workforce training - ensuring that the United States can produce, refine, and deploy critical materials domestically to strengthen economic security, national resilience, and global competitiveness.

The Critical Materials Crossroads ecosystem brings together universities, businesses, industry organizations, nonprofits, and state, local, and federal partners across Kansas and Missouri to advance regional manufacturing, create high-quality jobs, and promote broad access to innovation and entrepreneurship.

Anthony Caruso, vice chancellor for strategic initiatives and UMKC Curators' Distinguished Professor of Physics and Electrical Engineering, is the principal investigator for the grant.

"Being selected as an NSF Engines finalist is an extraordinary honor for the Critical Materials Crossroads and for the Kansas City region," Caruso said. "The NSF recognition underscores the strength of our partnerships across universities, industry and community organizations that have made this achievement possible. Together, we are positioning Kansas City as a national leader in critical materials innovation, workforce development and regional economic growth."

About Critical Mineral Crossroads

Critical Materials Crossroads is a regional innovation consortium led by the University of Missouri-Kansas City in partnership with universities, industry, government, and nonprofit organizations across Kansas and Missouri. The consortium is focused on creating a vertically integrated critical materials ecosystem-spanning research, processing, refining, applied technology development, and workforce training. As one of 15 finalists for the National Science Foundation's Regional Innovation Engines competition, Critical Materials Crossroads aims to boost domestic capacity, economic growth, and national security by helping the U.S. onshore critical mineral and rare earth value chains.

About NSF Regional Innovation Engines

Launched by NSF TIP, the NSF Engines program is building and scaling regional innovation ecosystems nationwide. Each NSF Engine is powered by a broad coalition of private sector, regional and scientific leaders and organizations to accelerate breakthrough emerging technology R&D that drives growth and ultimately bolsters U.S. economic competitiveness and national security.  

About ReElement Technologies Corporation

ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.

About American Resources Corporation (NASDAQ: AREC)

American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals.

Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Investor Contact:

JTC Team, LLC
Jenene Thomas
(908) 824 - 0775
arec@jtcir.com

Media Inquiries:

Marjorie Weisskohl
703-587-1532
mweisskohl@allseasonspr.com

Company Contact:

Mark LaVerghetta
317-855-9926 ext. 0
investor@americanresourcescorp.com

SOURCE: American Resources Corporation



View the original press release on ACCESS Newswire

FAQ

What did American Resources (AREC) announce on October 7, 2025?

AREC announced ReElement is part of the Critical Materials Crossroads consortium, now a NSF Engines finalist.

How much funding could the NSF Regional Innovation Engines award provide to the consortium?

The NSF Engines award carries potential funding of up to $160 million over ten years.

When will NSF conduct on-site assessments for AREC's consortium finalist?

NSF will conduct on-site assessments of finalists in January 2026.

When are NSF Engines awardees expected to be announced for the AREC-related finalist?

NSF Engines awardees are expected to be announced in early 2026.

What is the goal of the Critical Materials Crossroads consortium involving ReElement?

To build a vertically integrated regional hub for critical materials processing, refining, R&D, and workforce training in Kansas City.

What prior federal support has the Critical Materials Crossroads initiative received?

UMKC received a $1 million, 24-month federal cooperative agreement in May 2023 to develop the regional ecosystem.
American Res Corp

NASDAQ:AREC

AREC Rankings

AREC Latest News

AREC Latest SEC Filings

AREC Stock Data

313.05M
66.02M
21.97%
9.63%
7.47%
Coking Coal
Bituminous Coal & Lignite Mining
Link
United States
FISHERS