Found this summary of their business plan on the company's LinkedIn page. Notice in the last paragraph that as of teh time it was written, the company had 300 employees.
About us American Resources Corporation is a diversified energy company focused on the extraction, processing, transportation and of selling specialty coal qualities serving the metallurgical, industrial, pulverized coal injection (PCI), and premium thermal coal markets. The company is primarily focused on the Central Appalachian coal basin of eastern Kentucky.
The company’s business model is to capitalize on the changing coal markets to redefine how to create efficient coal mining operations to thrive and prosper in an industry that has less scale and production. By adjusting its operations to fit the market, American Resources Corporation is able to be flexible and dynamic to adjust rapidly to expanding and contracting coal markets.
As a key component to its operating strategy, American Resources Corporation places a high importance on being a diversified, low-cost coal producer. As a result, the Company is able to successfully operate in markets of both low coal prices, where competitors have typically struggled, and in markets of expanding coal prices.
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 currently has over 300 company & contractor employees.
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