American Resources Corporation (AREC) Reports Q3 Loss, Tops Revenue Estimates
American Resources Corporation (AREC) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.05 per share a year ago.
November, 2024 Letter to Shareholders
Building The Only Rare Earth and Critical Mineral Refining Platform From the Depths of a Metallurgical Carbon Business - A True Energy Transformation Play FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) To our shareholders: First, I want to extend my heartfelt thanks to all our shareholders. Recently, I reconnected with a mentor, friend, and someone I consider family - a person of great wisdom who has overcome immense challenges and always emerged stronger.
American Resources Corporation Reports Third 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 is rapidly adding strategic partners to synthesize a robust critical mineral supply chain Company continues execution on subsidiary spin-offs; announces record date for ReElement spin-off Company to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / November 14, 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 modern infrastructure and electrification sectors, today announced financial results for the third quarter of 2024. The Company will host a conference call and webcast, today, November 14, 2024, at 4:30 PM ET (details below).
American Resources Corporation Sets Record Date of December 31, 2024 for Special Dividend and Closes Initial Investments of Private Funding for ReElement Technologies Corporation
ReElement Technologies closes initial investments of its private investment round into ReElement from group of investors including members of management American Resources is distributing 1 share of ReElement Technologies for every 3 shares of American Resources Corporation as of the Record Date FISHERS, IN / ACCESSWIRE / November 14, 2024 / FISHERS, IN / ACCESSWIRE / November 14, 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 modern infrastructure and electrification sectors, today announced a special dividend of shares in its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement") ("Special Dividend"). The Special Dividend will be distributed on or about February 15, 2025 to shareholders of record as of December 31, 2024 ("Record Date").
American Resources Corporation to Report Third Quarter 2024 Financial Results on November 14, 2024
Company to host conference call on Thursday, November 14th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / November 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 third quarter 2024 financial results on Thursday, November 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's ReElement Technologies and IRIS Metals Reschedule its Live Virtual Investor "What This Means" Webcast
Live moderated video webcast to now take place on Thursday, October 24th at 1:00 PM ET Rescheduled event due to a family emergency Access the live webcast here FISHERS, IN / ACCESSWIRE / October 17, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, and IRIS Metals Limited ("IRIS") have rescheduled its live Virtual Investor "What This Means" webcast to Thursday, October 24, 2024 at 1:00 PM ET. As part of the webcast, the companies will discuss their recently announced Memorandum of Understanding (MOU) for the downstream lithium conversion and the production of battery grade lithium carbonate equivalent (LCE).
American Resources Corporation's ReElement Technologies and IRIS Metals to Participate in a Live Virtual Investor "What This Means" Webcast
Live moderated video webcast on Thursday, October 17th at 1:00 PM ET to discuss the recently announced Memorandum of Understanding (MOU) to develop a commercial partnership Access the live webcast here FISHERS, IN / ACCESSWIRE / October 15, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, and IRIS Metals Limited ("IRIS") will participate in a live Virtual Investor "What This Means" webcast on Thursday, October 17, 2024 at 1:00 PM ET. As part of the webcast, the companies will discuss their recently announced Memorandum of Understanding (MOU) for the downstream lithium conversion and the production of battery grade lithium carbonate equivalent (LCE).
American Resources Corporation's ReElement Technologies and Vulcan Elements Come Together to Develop a Fully Domestic and Sustainable Rare Earth Magnet Supply Chain
Companies enter into a Memorandum of Understanding (MOU) to develop a circular, commercial partnership ReElement will utilize its proprietary technology for rare-earth magnet recycling and ore purification to produce magnet-grade rare earth oxides to power Vulcan's fully-domestic magnet manufacturing FISHERS, IN / ACCESSWIRE / October 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has signed a Memorandum of Understanding (MOU) with US-based magnet manufacturer Vulcan Elements ("Vulcan"). This MOU initiates a Joint Development Agreement and Operating Agreement aimed at establishing a fully domestic and allied nation supply chain for rare earth permanent magnets.
American Resources Corporation's ReElement Technologies Commences Daily Production of Purified Rare Earths Elements To Solve Domestic Supply Chain
Company is producing both light (Nd, Pr) and heavy rare earths (Dy, Tb) at 99.5%+ purity Utilizing its proprietary technology at its Noblesville, IN Customer Qualification Plant to produce purified products for customers' orders while equipment is being ordered for Marion Advanced Technology Center for additional growth of magnet recycling and rare earth ore processing Company increases scale and efficiencies at its Noblesville Customer Qualification Plant through process automation FISHERS, IN / ACCESSWIRE / October 9, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, is expanding to produce rare earth oxides on a daily basis for existing customer orders in addition to its daily production of lithium carbonate at its Noblesville Customer Qualification Plant. This expansion at its Noblesville Plant is occurring as the Company starts the build out phase of its large-scale Marion, IN Advanced Technology Center.
American Resources Corporation's ReElement Technologies Appoints Dr. Yi Ding, Ph.D., to Chief Technology Officer
As Director of Research and Development at ReElement, Dr. Ding helped commercialize the Company's multi-mineral, multi-feedstock platform technology FISHERS, IN / ACCESSWIRE / October 8, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") is pleased to announce that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has appointed Dr. Yi Ding, Ph.D., as Chief Technology Officer.
American Resources Corporation's ReElement Technologies Announces October Slate of Conferences and Events
FISHERS, IN / ACCESSWIRE / October 1, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, will be attending the following conferences and events in October where they will be presenting, providing thought leadership or meeting with customers, investors and industry partners. The Battery Show North America : October 7 - 10, 2024Location: Detroit, Michigan The Battery Show is North America's largest and most comprehensive advanced battery event and brings together engineers, business leaders, top-industry companies, and innovative thinkers to discover ground-breaking products and create powerful solutions for the future.
American Resources Corporation (NASDAQ: AREC) to Participate in the Virtual Investor Lunch Break Series
Live video webcast with Mark Jensen, CEO of American Resources on Thursday, October 3rd at 12:00 PM ET FISHERS, IN / ACCESSWIRE / September 30, 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 will participate in the Virtual Investor Lunch Break Series on Thursday, October 3, 2024 at 12:00 PM ET. As part of this segment, Mr.
