AREC's ReElement Gets $25M to Expand Domestic Rare Earth Refining Hub
American Resources secures $25M from the U.S. Department of War to expand rare earth refining in Indiana, boosting domestic critical mineral supply for defense.
American Resources subsidiary Electrified Materials closes $9.5M private placement
American Resources Corp (NASDAQ:AREC) said its majority-owned subsidiary, Electrified Materials Corporation (EMCO), has completed its previously announced private placement, raising approximately $9.5 million in gross proceeds before fees and expenses. The offering consisted of 378,200 shares of EMCO's Series A Convertible Preferred Stock, priced at $25 per share.
American Resources affiliate ReElement tapped for NSF critical materials consortium
American Resources Corp (NASDAQ:AREC)'s minority-held affiliate ReElement Technologies has been named part of a National Science Foundation-backed consortium eligible for up to $160 million in funding over 10 years. The Critical Materials Crossroads consortium, led by the University of Missouri-Kansas City, was selected as one of the NSF's Regional Innovation Engines.
American Resources' ReElement Technologies receives $25M US investment to expand rare earth refining capacity
American Resources Corp (NASDAQ:AREC) said its minority-owned subsidiary ReElement Technologies has been awarded a $25 million investment from the US Department of War through its Economic Defense Unit and the Office of the Under Secretary of War for Acquisition and Sustainment to expand domestic rare earth and critical mineral refining capacity. The funding, provided through the Industrial Base Fund, will support the expansion of ReElement's Marion, Indiana, refining campus by financing additional refining equipment, production line installation and working capital.
American Resources Chosen by U.S. DOE for Rare Earth Recovery Pilot
AREC enters DOE award negotiations for a pilot project to recover rare earths from coal byproducts, advancing an integrated U.S. critical minerals supply chain.
American Resources selected for DOE award negotiations on rare earth recovery pilot project
American Resources Corp (NASDAQ:AREC) announced that it has been selected by the US Department of Energy (DOE) for award negotiations under a funding program aimed at expanding domestic capacity to recover rare earth elements and other critical materials from coal-based industrial byproducts. The company is one of five organizations selected under the DOE's Topic Area 1: Mines & Metals Pilots – Coal-Based Industry initiative.
American Resources CEO provides update on Marion critical minerals refining facility – ICYMI
American Resources Corp (NASDAQ:AREC) earlier this week provided an update on the development of its Marion, Indiana, critical minerals refining facility, highlighting progress toward commercial germanium production and outlining a broader strategy to expand domestic supply of strategic materials. Speaking with Proactive, chief executive officer Mark Jensen said the company was approaching a significant milestone with the launch of its first germanium production line, expected during the third quarter of 2026.
American Resources set to join Russell 3000 and Russell Microcap Indexes
American Resources Corp (NASDAQ:AREC) announced that it is expected to be added to the Russell 3000 Index and the Russell Microcap Index as part of FTSE Russell's annual 2026 index reconstitution. The company appears on FTSE Russell's preliminary additions lists under the ticker symbol ‘AREC' for both indexes.
American Resources' ReElement advances Indiana rare earth refinery, targets Q3 production
ReElement Technologies Corporation is pressing ahead with the commercial buildout of its rare earth and critical mineral refining campus in Marion, Indiana, with initial germanium production targeted for the third quarter of 2026, parent company American Resources Corp (NASDAQ:AREC) said on Monday. The Marion facility, spread across approximately 42 acres with more than 400,000 square feet of industrial space, is designed to process both recycled materials and primary feedstocks into high-purity rare earth and critical mineral products for defense, technology and advanced manufacturing customers.
American Resources' Electrified Materials joins NAATBatt International
American Resources Corp (NASDAQ:AREC) announced that its wholly owned subsidiary, Electrified Materials Corporation (EMCO), has joined NAATBatt International, a North American trade association focused on the development, commercialization and manufacturing of advanced battery technologies. The company said the membership aligns with EMCO's efforts to expand its battery recycling, pre-processing and conditioning operations as it works to support domestic critical mineral recovery and battery supply chain development.
American Resources' EMCO Builds Battery Recycling Capacity
AREC's EMCO procured its first battery shredding line, expanding lithium-ion battery recycling and advancing a domestic critical minerals supply chain.
American Resources expands LFP battery recycling – ICYMI
American Resources Corp (NASDAQ:AREC) earlier this week announced that its subsidiary Electrified Materials Corporation has procured its first battery shredding line as part of an expansion into lithium-ion battery recycling focused on lithium iron phosphate (LFP) chemistry. Speaking with Proactive, CEO Mark Jensen said Electrified Materials is designed to complement the company's ReElement refining platform by preprocessing recycled materials and supplying feedstock for downstream recovery operations.
