$AREC rare-earth news:
American Rare Earth Focuses on Consolidating High-Quality, Low-Cost, Environmentally-Sensitive Rare Earth Mineral Sites Within Its Portfolio of Assets and Beyond
Company Exploring Strategic Options to Unlock Value of Rare Earth Assets Resulting in No Dilution to Existing Shareholders
FISHERS, IN / ACCESSWIRE / October 7, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a supplier of raw materials to the rapidly growing global infrastructure marketplace, today unveiled its wholly owned subsidiary, American Rare Earth LLC ("American Rare Earth"). Through its acquisition of multiple mining complexes over the past five years, the Company has established American Rare Earth to organize, consolidate, evaluate and develop its owned portfolio of high-quality, low-cost rare earth mineral sites.