American Resources Corporation (NASDAQ: AREC
) is a next generation, socially responsible, supplier of raw materials to the new infrastructure and electrification market. The products we produce go to produce steel, alloys, metals and used in the rare earth and critical elements fields to support global development and socio-economic progress to create a more efficient economic environment.
As a consolidator of distressed assets we have focused on developing the high value assets (metallurgical carbon, rare earth elements, battery material and recycled metals) while reclaiming the thermal coal mines (used for electricity generation). The company's operations are based in the Central Appalachian basin of eastern Kentucky, Indiana and West Virginia where premium quality metallurgical products, heavy rare earth oxides and critical elements are located.
The company’s business model is based on running a streamlined, simplified and efficient operating platform to economically deliver products to meet our customers’ demands. By running operations with low or no legacy costs, American Resources Corporation works to maximize margins for our investors while being able to scale its operations to meet the growth of the global infrastructure and electrification market.
"American Resources utilizes its complete asset base to maximize returns for its investors in the new infrastructure and electrification market. The world is changing rapidly and with change is new opportunity to build modern and efficient infrastructure. The key to our success is the operating culture our team embraces that thrives on efficiency, safety and accountability, enabling the company to capitalize on all market cycles."
MARK C. JENSEN
Chief executive officer & chairman of The board
The Company is a growth-oriented business targeting both organic growth and acquisition opportunities of both stable operations and turn around projects with a high return on capital. The company is the process of expanding its workforce to over 500 company & contractor employees.