American Res Corp Stock Price, News & Analysis

American Resources Corporation (AREC) is enhancing its mobile rare earth element processing plant by procuring new equipment. This includes a microwave digestion system paired with ICP-OES technology, facilitating real-time analysis of feedstock. The initiative, bolstered by a research partnership with Texas Tech University, aims to optimize the electrolysis facility's scalability and efficiency. The company's strategy targets a sustainable supply chain for critical minerals, with plans for commercialization by early next year.

American Resources Corporation (NASDAQ: AREC) is advancing its supply chain for recycling waste wind turbine motors and lithium-ion batteries to recover critical and rare earth minerals. Utilizing its ligand assisted displacement (LAD) chromatography technology, the company aims to reduce landfill waste while securing a sustainable source of rare earth elements such as Neodymium and Dysprosium. CEO Mark Jensen emphasized the importance of addressing national security issues and environmental concerns through cost-effective recycling methods. The initiative aligns with President Biden's plan to enhance recycling in the electrification market.

American Resources Corporation (NASDAQ:AREC) announced its inclusion in the Russell Microcap® Index effective June 28, 2021, following the annual reconstitution. This membership highlights the company's focus on innovating sustainable materials for infrastructure and electrification markets. The Russell Microcap® Index, utilized by many investment managers for benchmark and investment strategies, provides exposure to a broad investment universe, representing assets totaling approximately $10.6 trillion.

American Resources Corporation (NASDAQ:AREC) has successfully closed a registered direct offering of 8.6 million common shares along with 4.3 million warrants, yielding approximately $30.1 million in gross proceeds. The offerings were priced at market rates under Nasdaq regulations. The warrants, with an exercise price of $3.50 per share, are exercisable immediately and expire in five years. This move, filed under an effective registration statement, aims to bolster the company's operations focused on raw materials for infrastructure and electrification markets.

American Resources Corporation (NASDAQ:AREC) has announced a registered direct offering, selling 8,600,000 shares of common stock and 4,300,000 warrants for approximately $30.1 million in gross proceeds. The warrants can be exercised immediately at an exercise price of $3.50 per share, expiring in five years. This offering is conducted under an effective shelf registration statement filed with the SEC. The funds from this offering are aimed at supporting the company's growth in the infrastructure and electrification markets.

American Resources Corporation (NASDAQ:AREC) has partnered with Purdue University to successfully isolate and purify Neodymium at a remarkable 99.5% purity. This achievement utilizes the company's proprietary ligand assisted displacement (LAD) chromatography technology, converting recycled waste permanent magnets into high-quality rare earth elements. CEO Mark Jensen emphasizes the significance of this milestone for the domestic supply chain as global demand for rare earth elements rises over 12% annually. The company is advancing its REE purification technology for various feedstocks.

American Resources Corporation (NASDAQ:AREC) will be featured on The RedChip Money Report on Bloomberg Network on May 22nd at 7 p.m. local time. CEO Mark Jensen will discuss milestones and the company's commitment to producing high-quality raw materials for the infrastructure and electrification markets, focusing on metallurgical carbon, critical minerals, and recycling. The company operates mainly in the Central Appalachian basin, where it sources premium materials. View the segment here.

American Resources Corporation (NASDAQ: AREC) has appointed a project manager for its 2kW mobile electrolytic cell rare earth element (REE) processing plant, marking a key step towards commercialization. The project manager will work at Texas Tech University's Innovation Hub, collaborating with the institution's sponsored research program. The facility is expected to be operational by Q4 2021. This initiative aligns with American Resources' commitment to sustainable raw material supply for electrification, aiming to maximize value for investors while reducing legacy costs.

American Resources Corporation (NASDAQ:AREC) has announced it will report its first quarter 2021 financial results on May 12, 2021. The management will host a conference call at 4:30 PM ET that day to discuss the results and provide a business outlook. The company focuses on sustainable resource supply for the infrastructure and electrification markets, particularly in metallurgical carbon and rare earth minerals. Investors can join the call via phone or webcast, with an audio replay available afterward.