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) has launched a railcar and metal recycling initiative through its subsidiary, American Metals LLC. This partnership aims to process retired coal railcars, enhancing environmental sustainability while generating revenue. Located on a former coal mine in Indiana, this project targets the booming global steel market, leveraging the demand for raw materials driven by infrastructure growth. CEO Mark Jensen emphasized the company's commitment to maximizing asset value and diversifying its offerings while maintaining operational efficiency and environmental stewardship.
American Resources Corporation (AREC) announced significant progress in reducing its environmental liabilities through expedited reclamation efforts during the COVID-19 pandemic. The company secured bond releases totaling $400,000 and is progressing towards an additional $7 million in bond releases. This strategic initiative is aimed at enhancing long-term value for shareholders and establishing American Resources as a competitive supplier of metallurgical carbon for the growing infrastructure market. The company emphasizes its commitment to operational efficiency and environmental stewardship.
American Resources Corporation (NASDAQ: AREC) will present at The LD 500 investor conference on September 3, 2020, at 2:20 PM ET. Mark Jensen, the Company's Chairman and CEO, will discuss the business strategy poised to capitalize on surging global infrastructure initiatives as economies recover from COVID-19. A live video webcast will be accessible on the conference's website, with a replay available for one year. In addition, management will hold virtual one-on-one meetings.
American Resources Corporation (NASDAQ:AREC) has entered a carbon processing agreement to improve efficiencies and reduce costs at its Perry County Resources complex. The agreement allows for carbon processing, storage, and loading services at its Davidson Branch Preparation Plant in Hazard, Kentucky. The facility can process 1,300 tons of carbon per hour and is designed for specialized carbon types used in industrial applications. This initiative aims to enhance profitability and support the company’s growth in the global infrastructure market.
American Resources Corporation (NASDAQ:AREC) is set to restart operations at its Perry County Resources (PCR) mining complex in Hazard, Kentucky, following a comprehensive restructuring. The company has acquired two continuous miners, expanding its fleet to six as it aims to ramp up production. By targeting over 1 million tons of carbon annually, American Resources expects to create approximately 140 sustainable jobs in the community. The restructuring has reportedly reduced costs by over $45 million, positioning PCR as one of the lowest-cost PCI and stoker operations in the U.S.
American Resources Corporation (NASDAQ:AREC) has contracted to acquire two additional continuous miners for its Perry County Resources (PCR) mining complex in Kentucky, aiming to restart operations within 30 days. Following a significant restructuring post-acquisition in September 2019, the company has reduced costs by over $45 million. The goal is to ramp up carbon production to over 1 million tons per year. Restarting PCR is expected to create approximately 140 jobs for the local community.