American Resources completes pivots to rare earth supply chain, reports strong balance sheet

American Resources Corp (NASDAQ:AREC) said connected Wednesday it has completed a multi-year translation distant from metallurgical ember into a uncommon world and captious mineral proviso concatenation platform.

As portion of the restructuring, American Resources has separated its bequest ember operations and its affiliated refining entity, ReElement Technologies Corporation, into standalone companies nary longer consolidated wrong its fiscal statements. The institution said the determination simplifies its firm operation and improves fiscal transparency.

The company's wholly owned subsidiary, Electrified Materials Corporation, volition absorption connected aggregating and preprocessing recycled captious mineral inputs, including magnets and batteries, to nutrient feedstocks for further refining done ReElement's platform.

CEO Mark Jensen said the institution is present focused connected sourcing and securing ownership positions successful high-quality captious mineral feedstock crossed conventional, unconventional and recycled sources, targeting some home and allied planetary demand.

"Today, we are nary longer defined by bequest operations, but by our quality to source, aggregate, put into and align captious mineral feedstocks with increasing home and allied request done our strategical affiliation with ReElement," Jensen said.

The institution said its autarkic auditors person removed a antecedently disclosed going interest qualification, reflecting what absorption described arsenic a strengthened fiscal presumption that besides includes $32.4 cardinal successful strategical investments and $93.2 cardinal successful stockholder's equity, with minimal debt.

For the afloat twelvemonth 2025, American Resources reported nett income of $55.4 million, oregon $0.63 per share, driven chiefly by a summation connected the deconsolidation of its bequest operations. Total stockholder's equity improved to $93.2 cardinal from antagonistic $80.9 cardinal astatine year-end 2024.

The steadfast reported $72.5 cardinal successful currency and short-term investments arsenic of December 31, 2025.

“By leveraging best-in-class technologies and maintaining a disciplined, low-cost operating model, we are gathering a scalable concern designed to enactment the accumulation of uncommon world and captious minerals for commercialized and defence applications portion delivering long-term, sustainable worth for our shareholders,” Jensen added. “Our level offers a derisked divers strategy to sourcing of captious and uncommon earths, not relying connected 1 excavation oregon 1 portion to lick the problem.”

The institution said it is evaluating aggregate uncommon world and captious mineral assets crossed Southeast Asia, Africa and North America to enactment its trading activities and feedstock proviso for ReElement, and plans to grow its enactment squad with expertise successful planetary commodity sourcing and trading arsenic it looks to standard the business.