2 Followers USX:AREC - American Resources Corp American Resources Corp Class
Sector: Materials, Industry: Steel
Next Earnings: 13 May 2024
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USD 1.55    +0.11 (+7.64%)

26 Apr 2024


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General

CEO: Mr. Mark C. Jensen

IPO: 2017-12-29

Headquarters: US

Employees: 11

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Description

American Resources Corp is a next-generation, environmentally, and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.

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