American Resources Corp. (AREC)

American Resources Corp. is a raw materials solutions company focused on critical materials for the rare earth magnet, lithium-ion battery, and semiconductor supply chains. The company develops and processes a diversified portfolio of strategic minerals, including rare earth elements, germanium, gallium, tungsten, antimony, lithium, cobalt, and nickel, alongside recycled inputs through its Electrified Materials business. Its operations support defense, industrial, and commercial applications by supplying materials used in electrification, advanced manufacturing, and steel-related recycling streams. American Resources Corp. also maintains coal-based byproducts sourced from controlled assets, reflecting a broader materials platform that links traditional resource recovery with critical mineral processing. Based in Fishers, Indiana, the company plays a role in the domestic supply chain for raw materials that are essential to infrastructure, energy transition, and technology manufacturing.