Welcome to our dedicated page for American Res news (Ticker: AREC), a resource for investors and traders seeking the latest updates and insights on American Res stock.
American Resources Corporation (NASDAQ: AREC) generates news centered on the critical mineral supply chain, rare earth element refining partnerships, and financing activities that support domestic electrification and infrastructure markets. Company press releases highlight its focus on metallurgical carbon and iron ore for steelmaking, as well as critical and rare earth minerals and recycled metals that feed advanced refining platforms.
A recurring theme in AREC news is its affiliation with ReElement Technologies Corporation, a portfolio company that operates a multi-mineral, multi-feedstock refining platform for rare earth and critical battery elements. Updates often cover ReElement’s commercial agreements, intellectual property developments, and strategic equity facilities, in which American Resources participates through its minority holding and feedstock supply role.
Investors following AREC can expect coverage of partnerships and strategic agreements, such as tokenization and blockchain-based traceability initiatives with SAGINT Inc., commercial processing agreements for recycled magnet materials with electronics recyclers, and collaborations aimed at building vertically integrated rare earth magnet supply chains. News items also describe credit facilities and private placements that fund feedstock procurement, coal waste extraction, and critical mineral processing projects.
In addition, American Resources and ReElement frequently announce participation in industry conferences, forums, and investor events across the critical minerals, technology, and industrial innovation ecosystems. These updates provide context on how the company positions itself within U.S. and allied supply chains for high-purity critical minerals. For readers tracking AREC, this news feed offers an ongoing view into its capital formation, strategic partnerships, and operational milestones in critical minerals, recycling, and advanced refining.
American Resources Corporation (NASDAQ:AREC) reported a record preliminary revenue of $16.2 million for Q2 2022, marking a remarkable 78% QoQ and over 4000% YoY growth. This surge is attributed to the company's robust asset base, positioning it to capitalize on ongoing market strength in carbon and rare earth materials. CFO Kirk Taylor emphasized the company's focus on operational efficiency and innovation to enhance shareholder value, with full Q2 results expected by August 15, 2022.
American Resources Corporation (NASDAQ:AREC) announced that its subsidiary, reELEMENT Technologies, secured a $2.0 million working capital facility from Maxus Capital. This funding aims to enhance the production capacity of its rare earth and battery element purification facility in Noblesville, Indiana. The initiative will enable reELEMENT to establish credit history and expand its operations, including a focus on high-purity elements critical for EV and green energy sectors. The facility will soon produce key elements like neodymium, praseodymium, and dysprosium, supporting domestic supply chains.
American Acquisition Opportunity Inc. has announced a merger with Royalty Management Corp., positioning the combined entity for listing on the Nasdaq Stock Market under the ticker symbol RMCO. The transaction values RMC at an implied $111 million enterprise value, with gross proceeds of about $16 million. RMC aims to generate cash flow through undervalued assets and is expected to pay dividends as early as 2023. This merger is anticipated to drive shareholder value and enable the combined company to capitalize on growth opportunities in the infrastructure and electrification markets.
American Resources Corporation (NASDAQ:AREC) has completed the first phase of commissioning its rare earth element isolation and purification facility in Noblesville, Indiana, paving the way for initial production. The facility will recycle end-of-life rare earth magnets and lithium-ion batteries, producing high-purity materials like magnet-grade neodymium and battery-grade lithium. The company aims to process over 5 tons of magnet-grade materials daily and 10-15 tons of battery-grade materials from recycled sources within the next few years, positioning itself as a key player in the domestic supply chain for critical materials.
American Resources Corporation has secured a non-dilutive financial commitment of $2.5 million from Integrity Coal Sales to initiate operations at the Carnegie 2 mine. This partnership aims to enhance production of high-vol metallurgical carbon, essential for steelmaking. Anticipated yearly revenue from the mine is projected to be between $25 to $35 million, supporting the company's low-cost production model. American Resources emphasizes sustainable operations, aligning with global demands for infrastructure and electrification materials.
American Resources Corporation (AREC) reported a significant increase in first quarter 2022 revenues, reaching $9.08 million compared to $0.01 million in the same period last year. Adjusted EBITDA stood at $5.8 million, a turnaround from a loss of $2.8 million in Q1 2021. The company aims to be the first U.S. producer of isolated rare earth elements and has a $110 million carbon backlog. Despite a net income loss of $2.75 million, improving carbon production and strategic partnerships signal potential growth. A conference call is scheduled for May 16, 2022.
American Resources Corporation (NASDAQ:AREC) has partnered with Kenai Defense Company, LLC for the exclusive marketing of graphene and carbon nanostructure patents targeting defense and space applications. The agreement anticipates over $1.5 million in Air Force contracts for fiscal year 2022 and an additional $10 million in fiscal year 2023 for developing advanced concrete products. This partnership aims to enhance concrete strength and sustainability while ensuring American Resources retains rights for private sector applications.
American Resources Corporation (NASDAQ:AREC) will announce its first quarter 2022 financial results on May 16, 2022, followed by a conference call at 4:30 PM ET. The company is dedicated to supplying rare earth and critical elements and is focused on environmentally responsible practices. American Resources operates in the Central Appalachian basin, emphasizing metallurgical carbon and rare earth minerals to meet growing demands in the electrification market. The company has a streamlined business model aimed at reducing costs while maximizing margins.
American Resources Corporation (NASDAQ: AREC) has announced a multi-year lease of its Deane Mining complex to Bluegrass Resources. This partnership aims to capitalize on current global carbon market strengths, with projections of 1.0 million tons of production in the first year. American Resources will receive an upfront payment of $100,000 monthly for two months and then $20,000 monthly until production begins. Once operational, earnings will be either $5.00 per ton or 5% of gross sales price. The lease is set for five years with renewable options.
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