Welcome to our dedicated page for AMERICAN RESOURCES news (Ticker: $AREC), a resource for investors and traders seeking the latest updates and insights on AMERICAN RESOURCES stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMERICAN RESOURCES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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Rhea-AI Summary
American Resources (AREC) to report Q4 and full year 2023 financial results on March 28th, 2024. Conference call to provide business outlook.
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End-of-Day
-7.1%
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ReElement Technologies Africa , a subsidiary of American Resources (AREC), appoints His Excellency Baba Kamara as its first independent board member. Kamara, a seasoned diplomat and business leader, aims to unlock Africa's mineral resources' economic potential through partnerships and value addition. ReElement's technology focuses on refining critical elements sustainably and efficiently.
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Rhea-AI Sentiment
End-of-Day
-5.06%
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Rhea-AI Summary
American Resources 's subsidiary, ReElement Technologies Africa , appoints His Excellency Baba Kamara to its Board of Directors as the first independent member. The company aims to establish partnerships in Africa for long-term mutual benefits, focusing on creating value for all stakeholders. Kamara's extensive experience in diplomacy and business leadership enhances the company's mission to unlock the full value of critical mineral resources in African nations.
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Rhea-AI Sentiment
End-of-Day
8.54%
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American Resources Corporation's subsidiary, ReElement Technologies, partners with EDP Renewables North America to recycle rare-earth magnets from wind turbines, setting new sustainability standards in the renewable energy sector.
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End-of-Day
-4.24%
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American Resources Corporation (AREC) receives a $50,000,000 investment offer for its subsidiary ReElement Technologies at a $300,000,000 valuation. Management commits over $1,000,000 to the investment round, aiming to accelerate growth and unlock value for shareholders.
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Rhea-AI Sentiment
End-of-Day
2.47%
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American Resources Corporation (AREC) adjusts Record Date and Distribution Date for special dividend of Novusterra Inc.
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Rhea-AI Sentiment
End-of-Day
3.23%
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ReElement Technologies, a subsidiary of American Resources Corporation (AREC), has signed a sales agreement with USA Rare Earth LLC to produce and sell ultra-pure rare earth elements. The agreement will result in over $65 million in annual revenue by 2028. ReElement's patented technology allows for efficient and environmentally friendly refining of rare earth and battery materials, reducing costs and environmental impact. The company aims to establish a domestic supply chain for rare earth elements, enhancing national security and sustainability.
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Rhea-AI Sentiment
End-of-Day
-2.52%
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American Resources Corporation's subsidiary, ReElement Technologies Corporation, will be participating in key conferences in March 2024 to showcase their refining capacity of rare earth and critical battery elements.
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-2.52%
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American Resources Corporation (NASDAQ:AREC) announces a special dividend distribution of Novusterra Inc. shares to its shareholders in preparation for Novusterra's public listing. Novusterra has shown significant growth and technology advancements, securing high-value partnerships with Kenai Defense, the United States Army, and the United States Air Force. American Resources Corporation plans to distribute the majority of its Novusterra shares through a special dividend to eligible shareholders, positioning Novusterra as a low-cost platform for growth in the graphene, graphite, and carbon nanostructure marketplace.
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Rhea-AI Sentiment
End-of-Day
13.57%
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American Resources Corporation (NASDAQ:AREC) announces a research and development investment by the United States Army to further develop Novusterra's patented technology for carbon nanomaterials and graphene production. The partnership with Texas Tech University and Kenai Defense aims to enhance protection for sensitive technologies.
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Rhea-AI Sentiment
End-of-Day
-0.74%
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AMERICAN RESOURCES CORP
Nasdaq:AREC
AREC Rankings
AREC Stock Data
102.93M
51.17M
44.88%
9.23%
2.86%
Natural Gas Distribution
Utilities
United States of America
FISHERS
About AREC
american resources corporation supplies raw materials for the global infrastructure marketplace. the company focuses on the extraction and processing of metallurgical carbon used in steelmaking. it has a portfolio of operations located in the central appalachian basin of eastern kentucky and southern west virginia. the company was founded in 2006 and is headquartered in fishers, indiana.