Core Insights - American Resources Corporation's portfolio company, ReElement Technologies, has formed a partnership with ERI for rare-earth elements processing, utilizing ERI's electronics-recycling network to collect and pre-process magnet-bearing materials from end-of-life devices [1][8] - ReElement Technologies will refine the recycled materials into high-purity rare-earth oxides, with trial shipments of 99.99%+ pure oxides already in progress for commercial and defense customers [2][8] - This partnership aims to establish a reliable domestic supply chain for rare-earth elements, reducing reliance on imports amid increasing demand from electric mobility, defense, and advanced technology sectors [3] Company Performance - Shares of American Resources Corporation (AREC) have increased by 133.6% over the past year, significantly outperforming the industry average rise of 14.8% [4] - AREC currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [6] Future Outlook - The collaboration is expected to scale up with large-scale commercial production at ReElement's 400,000-square-foot processing complex in Marion, IN, set to commence in early 2026 [3][8]

Core Viewpoint - The rare earth sector in the U.S. stock market experienced a collective rise in share prices on Friday, indicating positive market sentiment towards this industry [1] Company Summaries - TMC the metals (TMC.US) saw a significant increase of over 14% in its stock price [1] - Critical Metals (CRML.US) experienced a rise of more than 3.8% [1] - American Resources (AREC.US) reported a stock price increase of 1.9% [1] - NioCorp Developments (NB.US) had a stock price increase of over 2.3% [1]

Core Viewpoint - The rare earth sector in the U.S. stock market experienced a collective rise in share prices on Friday, indicating positive market sentiment towards this industry [1] Company Summaries - TMC the metals (TMC.US) saw a significant increase of over 14% in its stock price [1] - Critical Metals (CRML.US) reported a rise of more than 3.8% [1] - American Resources (AREC.US) experienced a stock price increase of 1.9% [1] - NioCorp Developments (NB.US) had a stock price rise of over 2.3% [1]

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Core Insights - The partnership between ERI and ReElement Technologies aims to establish a domestic supply chain for refined rare earth oxides from recycled magnet waste, enhancing U.S. capabilities in the rare earth sector [1][2][3] Group 1: Partnership Details - ERI will utilize its international collection network and eight U.S.-based recycling centers to process end-of-life magnet materials, which ReElement will refine into high-purity rare earth oxides [2][3] - This collaboration is expected to create a circular and secure supply chain for rare earth elements, addressing the growing strategic demand for these materials [3][4] Group 2: Production and Technology - ReElement has begun trial shipments of 99.99%+ pure rare earth oxides to commercial and defense partners, with production currently taking place at its Noblesville, Indiana facility [5] - Large-scale commercial output is set to transition to ReElement's 400,000-square-foot facility in Marion, Indiana, starting in early 2026 [5] Group 3: Company Profiles - ReElement Technologies focuses on refining recycled materials from rare earth permanent magnets and lithium-ion batteries, aiming to create an environmentally safe circular supply chain [8] - American Resources Corporation, the parent company of ReElement, is involved in the extraction and processing of critical minerals, including rare earth elements, to support the electrification market [9] - ERI is recognized as a leading material resource recovery company, certified for environmentally responsible recycling and capable of processing over a billion pounds of electronic waste annually [10]

Core Insights - The article discusses a commercial processing agreement between American Resources Corporation and Electronic Recyclers International to enhance domestic production of refined rare earth oxides from recycled magnet waste [1] Group 1: Company Developments - American Resources Corporation has a minority holding in ReElement Technologies Corporation, which is recognized as a leading innovator in rare earth element and critical mineral refining [1] - The partnership with the U.S. Department of War, valued at $1.4 billion, indicates significant governmental support and investment in the rare earth elements sector [1] Group 2: Industry Context - Electronic Recyclers International is the largest recycler of electronics in the U.S. and will utilize its extensive international collection network and eight U.S.-based recycling centers for the project [1] - The agreement aims to aggregate and pre-process end-of-life magnet materials, which is crucial for the recycling and recovery of rare earth elements [1]

Group 1 - American Resources Corporation is a leader in the critical mineral supply chain, focusing on building a secure, sustainable, and domestically driven infrastructure and electrification ecosystem [2][3] - The event serves as a shareholder update, featuring key executives including the CEO, Vice President of Corporate Finance and Communications, and the Director [3]

Mining Operations - The company has not mined or sold thermal coal since mid-2019, with all mining operations currently idled due to adverse market conditions [191]. - In 2023, the Carnegie 1 Mine produced approximately 67,000 tons of coal, selling at an average price of $180 per ton [194]. - The Carnegie 2 Mine produced approximately 13,000 tons of coal in 2023, with an average selling price of $237 per ton [195]. - The McCoy Elkhorn subsidiary has an estimated capacity to produce up to approximately 40,000 tons per month from Mine 15 when operational [193]. - The company holds 11 additional coal mining permits that are currently idled or in various stages of reclamation [200]. - Wyoming County Coal holds approximately 5,668,000 tons of coal deposits, with no current production [214]. - The E4-2 mine produced approximately 106,000 tons of coal in 2022, selling at an average price of $153 per ton [225]. - The Gold Star Mine is currently idled and has been mined in the past using room-and-pillar methods [233]. - ERC Mining Indiana Corporation holds approximately 4,383,298 tons of coal deposits in reclamation status [232]. Processing Facilities - The Bevins 1 Preparation Plant has a processing capacity of 800 tons per hour and can store approximately 100,000 tons of clean coal [196]. - The Mill Creek Preparation Plant has an 800 ton-per-hour processing capacity, currently utilizing less than 10% of its available capacity [211]. - The Supreme Energy Preparation Plant is a 400 ton-per-hour facility that is currently idled and would require capital investment to bring back into operation [206]. - The Davidson Branch Preparation Plant has a capacity of 1,300 tons per hour but is currently not operating due to idled mining operations [226]. Financial Performance - Total revenue for the three months ended September 30, 2025, was $50,165, a decrease of $185,278 (78.7%) compared to $235,443 in 2024, primarily due to the absence of revenue from metal recovery and sales [251]. - Total revenue for the nine months ended September 30, 2025, was $95,349, down $238,208 (71.4%) from $333,557 in 2024, mainly driven by a reduction of $146,055 in royalty income [254]. - Total operating expenses for the three months ended September 30, 2025, were $4,359,718, a decrease of $3,985,618 (47.8%) compared to $8,345,336 in 2024, largely due to lower general and administrative expenses [252]. - Total operating expenses for the nine months ended September 30, 2025, were $16,152,058, down $7,519,858 (31.7%) from $23,671,916 in 2024, primarily due to reduced coal production costs [256]. - Net loss for the three months ended September 30, 2025, was $6,302,798, a decrease of $2,614,084 (29.3%) compared to a net loss of $8,916,882 in 2024 [250]. - Net loss for the nine months ended September 30, 2025, was $21,620,830, down $5,424,925 (20.1%) from $27,045,755 in 2024 [250]. - Interest expense for the three months ended September 30, 2025, was $1,980,211, an increase of $1,003,750 (102.8%) compared to $976,461 in 2024 [253]. - Interest income for the nine months ended September 30, 2025, was $21,356, a decrease of $977,301 (97.9%) from $998,657 in 2024 [257]. Cash Flow and Liquidity - As of September 30, 2025, the company has a cash balance of $2,081,780 and a working deficit of $75,743,188 [259]. - Cash used in operating activities decreased by $6,864,631 to $(10,685,238) compared to the prior period, primarily due to a $5,424,925 decrease in net loss [260]. - Cash provided by investing activities was $3,930,735 for the nine months ended September 30, 2025, a significant improvement from cash used of $(145,900,141) in the same period of 2024 [261]. - Cash provided by financing activities decreased to $9,341,649 in 2025 from $145,065,317 in 2024, largely due to the absence of proceeds from tax-exempt bonds received in the prior year [262]. - The company does not have any credit lines currently available to fund liquidity requirements, which poses significant uncertainties for future liquidity [259]. Business Diversification - The company has established subsidiaries focused on the recovery and sale of metals and rare earth elements, diversifying its revenue streams [189]. - The company anticipates increasing revenues from its new ReElement and Electrified Materials businesses in 2025, following the suspension of coal production activities in 2023 [258]. - The company will continue to require cash flows from financing activities to support operations and the development of new business models [258]. Management and Internal Controls - Management concluded that disclosure controls and procedures were not effective due to insufficient staffing and lack of timely reconciliations [271]. - There have been no changes in the company's internal control over financial reporting that materially affected its controls during the period ended September 30, 2025 [273].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]