American Resources Corp (AREC)

[RandyKCMO]

Q3 RESULTS …American Resources Corporation Reports Third Quarter 2021 Financial Results and Provides Business Outlook

* Company highly aligned with major U.S. priorities in both infrastructure and electrification

*Significant execution has positioned the Company to be a low-cost, stable provider of raw materials to high-growth markets

*Company seeing significantly increasing carbon demand and price realization as it scales operations

*Strong balance sheet provides financial strength and flexibility to execute on its innovation, collaboration and growth plans

*Company to host update conference call today at 11:00 AM ET

FISHERS, INDIANA / ACCESSWIRE / November 15, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today reported its third quarter of 2021 financial results and provided a corporate update. The Company will host a conference call and webcast, today, November 15, 2021, at 11:00 a.m. ET (details below).

Mark Jensen, Chairman and CEO of American Resources Corporation commented, "Over the course of the third quarter of 2021, we continued to position our Company to be one of the most unique growth platforms to reposition old-world, legacy assets to strategically align with a more modern economy. With the advancement of our nation's infrastructure initiatives, we find ourselves extremely well aligned with our American Carbon and American Rare Earth divisions to support these important aspects of our national and global economies. Both traditional infrastructure like roads, ports and bridges as well more modern infrastructure initiatives such as the advancements of green energy and clean tech have a growing need for both high quality steel as well as critical battery and magnet metals. We remain highly committed and focused on the execution of both divisions and feel like we are extremely well positioned to be the growing supplier of high-quality metallurgical carbon in a market that is expected to remain tightly supplied for the foreseeable future, as well as redefining how critical and rare earth elements are both sourced and processed throughout the world while also focusing on the circular economy of recycling existing permanent magnets and battery metals."

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https://www.accesswire.com/672788/American-Resources-Corporation-Reports-Third-Quarter-2021-Financial-Results-and-Provides-Business-Outlook