Core Viewpoint - American Resources (AREC.US) shares rose over 37% in pre-market trading following the announcement of a $1.4 billion joint financing collaboration with the U.S. Department of Defense's Office of Strategic Capital (OSC) aimed at accelerating the domestic rare earth permanent magnet supply chain in the U.S. [1] Financing Details - The financing will primarily support the collaboration between ReElement Technologies and Vulcan Elements, with the goal of establishing a complete rare earth permanent magnet supply chain in the U.S. [1] - OSC will provide $620 million to Vulcan Elements and $80 million to ReElement Technologies, with both receiving matching private capital investments for equal financing. [1]

Core Viewpoint - American Resources (AREC.US) stock price surged over 37% to $5.31 following the announcement of a $1.4 billion joint financing collaboration with the U.S. Department of Defense's Strategic Capital Office (OSC) aimed at accelerating the domestic rare earth permanent magnet supply chain in the U.S. [1] Company Summary - American Resources' subsidiary, ReElement Technologies, is set to receive $80 million from OSC as part of the financing deal [1] - The collaboration will focus on supporting the partnership between ReElement and Vulcan Elements to establish a complete rare earth permanent magnet supply chain in the U.S. [1] - OSC will provide $620 million to Vulcan Elements, with both companies contributing private capital for equal financing [1]

Core Viewpoint - American Resources (AREC.US) shares rose over 37% in pre-market trading following the announcement of a $1.4 billion joint financing collaboration with the U.S. Department of Defense's Strategic Capital Office (OSC) to accelerate the domestic rare earth permanent magnet supply chain in the U.S. [1] Group 1: Financing Details - The financing will primarily support the collaboration between ReElement Technologies and Vulcan Elements, aiming to establish a complete rare earth permanent magnet supply chain in the U.S. [1] - OSC will provide $620 million to Vulcan Elements and $80 million to ReElement Technologies, with both receiving matching private capital investments for equal financing. [1]