American Resources Corporation (AREC) Reports Q2 Loss, Lags Revenue Estimates
American Resources Corporation (AREC) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.01 per share a year ago.
American Resources Corporation Reports Second Quarter 2024 Financial Results and Provides Business Outlook
The first domestic, commercial producer of separated and high-purity REEs from ores and recycled permanent magnets and high-purity battery elements from ores, concentrated brines and recycled feedstocks Company's patented chromatographic separation and purification process leading the world in efficient, environmentally-safe critical mineral refining Company successfully executed and closed $150 million tax exempt bond offering for the Company's Kentucky Lithium refining facility Company continues to execute on spinning-off certain subsidiaries into standalone entities Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 19, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced financial results for the second quarter of 2024. The Company will host a conference call and webcast, today, August 19, 2024, at 4:30 PM ET (details below).
American Resources Corporation Adjusts Second Quarter 2024 Financial Results and Conference Call Date to August 19, 2024
Company to host conference call on Monday, August 19th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 12, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will now report its second quarter 2024 financial results on Monday, August 19, 2024. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day.
American Resources Corporation to Report Second Quarter 2024 Financial Results on August 14, 2024
Company to host conference call on Wednesday, August 14th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 8, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will report its second quarter 2024 financial results on Wednesday, August 14, 2024. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day.
American Resources Corporation Provides Update on American Carbon Corporation
American Carbon Corporation changes name to American Infrastructure Corporation Company signs lease on McCoy Elkhorn complex reducing operating risk with a near-term goal of restarting complex Company to distribute 25% of its ownership in American Infrastructure Corporation as a special dividend on the previously announced date of August 9th FISHERS, IN / ACCESSWIRE / August 7, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced updates on its wholly owned subsidiary, American Carbon Corporation. Name Change to American Infrastructure Corporation American Carbon Corporation has changed its name to American Infrastructure Corporation to reflect the Company's broader focus on producing high-quality raw material inputs to the global steel and infrastructure markets including metallurgical carbon and iron ore.
American Resources Corporation's ReElement Technologies Achieves Greater than 99.5% Purity of Separated Rare Earth Elements from Ore Feedstock
Company produces greater than 99.7% Neodymium (Nd) and 99.9% pure Neodymium / Praeseodymium (NdPr) from a rare earth ore concentrated feedstock ReElement confirms that mixed rare earth concentrates from both natural ore and recycled magnets are highly economical at both small and large scale in today's market FISHERS, IN / ACCESSWIRE / July 31, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today that it has demonstrated its technology in the separation and purification of rare earth ores to produced separated and purified rare earth elements at magnet grade. The demonstration process was conducted from an ore concentrate provided by a partner to showcase the Company's ability to extract, separate and purify the high-value elements in the ore body that can supply the rare earth magnet supply chain.
American Resources Corporation (NASDAQ:AREC) Participates in Virtual Investor CEO Connect Segment
Click here to watch the American Resources CEO Connect segment FISHERS, IN / ACCESSWIRE / July 10, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that Mark Jensen, Chief Executive Officer of American Resources Corporation participated in a Virtual Investor CEO Connect segment. As part of this segment, Mr.
American Resources Corporation Signs Methane Capture and Carbon Credit Agreement
Agreement will help reduce discharge of methane gas that was created by prior mine operators No capital investment required by the Company will result in improved safety of the mine as American Carbon works towards its restart FISHERS, IN / ACCESSWIRE / July 2, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), an innovative supplier of rare earth and critical elements, carbon and advanced carbon materials to the infrastructure and electrification marketplaces, today announce that its subsidiary, McCoy Elkhorn Coal LLC, has entered into an agreement to allow a third party to capture and process both coal bed methane (CBM) and coal mine methane (CMM) that is present and has been accumulating within the prior, sealed mining works within the Company's Mine #15 underground mine located in Pike County, Kentucky. This agreement is expected to generate revenues for the Company's control of existing surface rights and from certain old mine works from the Mine #15 permit.
American Resources Corporation Adjusts the Distribution Date for the Special Dividend of its Subsidiary American Carbon Corporation
FISHERS, IN / ACCESSWIRE / June 10, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, announced today that, due to the Company's decision to list its wholly owned subsidiary, American Carbon Corporation, on a national exchange prior to its distribution, the Distribution Date for the previously announced special dividend has been adjusted to now occur on August 9, 2024. The special dividend of American Carbon Corporation will still be distributed to shareholders of record of American Resources as of May 27, 2024.
American Resources Corporation (AREC) Q1 2024 Earnings Call Transcript
American Resources Corporation (NASDAQ:AREC ) Q1 2024 Earnings Conference Call May 21, 2024 4:30 PM ET Company Participants Mark LaVerghetta - Vice President of Corporate Finance and Communications Mark Jensen - Chairman and Chief Executive Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Mike Niehuser - ROTH Capital Partners Keith Goodman - Maxim Group Michael Lary - TGI Operator Greetings and welcome to the American Resources Corporation First Quarter 2024 Conference Call.
American Resources Corporation (AREC) Reports Q1 Loss, Misses Revenue Estimates
American Resources Corporation (AREC) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.04 per share a year ago.
American Resources Corporation to Report First Quarter 2024 Financial Results on May 21, 2024
Company to host conference call on Tuesday, May 21st at 4:30 PM ET FISHERS, IN / ACCESSWIRE / May 17, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will report its first quarter 2024 financial results on Tuesday, May 21, 2024. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day.
