AMERICAN RESOURCES CORP
ARECAmerican Resources Corporation (AREC) is a mining and environmental services company focused on the extraction and processing of vital raw materials used in the steel, energy, and technology sectors. The company emphasizes sustainable practices and the development of sustainable supply chains for critical minerals, including rare earth elements, cobalt, and other strategic metals essential for modern industries.
Company News
President Trump is reportedly unveiling Project Vault, a $12 billion critical minerals stockpile initiative combining $10 billion in Ex-Im Bank loans and $1.67 billion in private capital. The program aims to reduce U.S. dependence on Chinese rare earth minerals and protect tech firms, automakers, and manufacturers from supply disruptions. Major c...
The Trump administration has abandoned plans to guarantee minimum prices for U.S. critical minerals projects, telling executives their projects must be financially viable without government price support. The policy shift, attributed to lack of congressional funding and market pricing complexities, does not affect the existing MP Materials price ...
China's export restrictions on critical minerals like tungsten, silver, and antimony are driving a projected market expansion from $328B to $587B by 2032. Western nations are accelerating domestic production of strategic metals, with the U.S. committing $2B to expand the National Defense Stockpile. Multiple North American resource companies are a...
ERI and ReElement Technologies have formed a strategic partnership to process rare earth elements from recycled electronic magnet waste, aiming to strengthen the United States' domestic supply chain for critical minerals used in technology, defense, and mobility sectors.
American Resources Corporation announced a private placement deal to sell 7,843,138 shares at $5.10 per share, expecting to raise approximately $40 million in gross proceeds, which drove its stock price up 3.18% in after-hours trading.
