Published: August 26, 2021 |

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American Resources Corporation has been named to a U.S. Department of Energy (DOE) Federal Demonstration Partnership award for the sorting for critical mineral-rich coal resource feedstock in a support role. Under the agreement, American Resources will provide support to the DOE sponsored program lead by Microbeam Technologies and Energy Technologies (ETI) to determine novel methods for predicting rare earth elements and critical minerals in different coal types utilizing prompt gamma neutron activation analysis (PGNAA) spectra technology.

“We are pleased to join this effort in developing an innovative application in analyzing carbon-based feedstocks for their inherent critical and rare earth elements. We are extremely proud of the steps we have made in becoming an innovator, solutions provider, and leader in establishing an efficient, sustainable and environmentally-safe domestic supply chain for these increasingly important materials,” said Mark Jensen, CEO of American Resources Corporation.

“As we continue the execution of our Capture - Process - Purify process chain, we are greatly encouraged by the collaborative opportunities we are seeing to participate in these exciting initiatives. We look forward to supporting both Microbeam and ETI with this innovative project and look forward to also broadening our partnerships to create real and safe solutions in how these materials are sourced and processed,” added Jensen.

American Resources, to date, has acquired 16 patents and technologies specific to producing REEs and critical minerals from coal-based waste and byproducts as well as waste permanent magnets and lithium-ion batteries. The company’s “Capture - Process - Purify” process chain is focused on these specific feedstocks to create a highly sustainable and environmentally friendly supply source of these critical resources. The company is committed to advancing its technology suite, which includes electrolysis processing and ligand-assisted chromatography purification, towards commercialization as efficiently and effectively as possible.

American Resources continues to focus on running efficient streamlined operations in being a new-aged supplier of raw materials to the infrastructure and electrification marketplace in the most sustainable of ways. By operating with low or no legacy costs and having one of the largest and most innovative growth pipelines in the industry, American Resources Corporation works to maximize value for its investors by positioning its large asset base to best fit a new-aged economy, while being able to scale its operations to meet the growth of the markets it serves.

About American Resources Corporation
American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs.

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