American Resources Corp（AREC）资讯与事件ARECAmerican Resources Corp

American Resources Secures $46 Million Tax Credit Support

American Resources through its strategic minority holding in ReElement Technologies announced that its Marion, Indiana project is supported by an aggregate $46 million in non-dilutive federal New Markets Tax Credit allocation. The associated financing will support phase-one investment in refining equipment and working capital as ReElement expands domestic capacity to produce high-purity materials for U.S. and allied industrial supply chains. The NMTC-supported transaction is part of ReElement's disciplined approach to capital formation. By accessing tax-credit-supported financing alongside other capital sources, the Company seeks to improve the cost and flexibility of funding for long-lived manufacturing infrastructure without issuing additional ReElement equity in connection with this financing. The structure is intended to complement ReElement's modular, demand-aligned expansion strategy while preserving financial flexibility as the business scales. ReElement's Marion development builds on the city's industrial heritage and supports the domestic refining of rare earth elements and other critical minerals used in defense, aerospace, semiconductor, permanent-magnet, automotive and advanced manufacturing supply chains. The Company's refining-first platform uses advanced chromatography-based separation and purification technology to produce ultra-pure, specification-grade materials from diverse primary and recycled feedstocks. Its modular approach is designed to more efficiently align refining investments with secure feedstocks and verified downstream customer demand. The first phase at Marion is expected to create 189 jobs, approximately 90% of which are expected to be accessible to individuals with a high school diploma. A $2.1 million funding commitment to workforce training and development will support career pathways that may include apprenticeships, two-year degree programs and advanced technical certifications. These initiatives are intended to expand access to skilled, higher-wage manufacturing careers and opportunities for long-term advancement in Marion.

American Resources Signs Tungsten Processing Agreement with Uzbekistan

American Resources together with ReElement Technologies announced the execution of a new agreement with Uzbekistan Technological Metals Complex, or UzTMK, and the Fund for Reconstruction and Development of the Republic of Uzbekistan, or UFRD, to advance their strategic collaboration in tungsten processing and refining. The agreement was signed on October 19 in Samarkand, Uzbekistan, during the American-Uzbek Business and Investment Council event, held in connection with broader U.S.-Uzbekistan and C5+1 diplomatic and commercial engagements involving President Shavkat Mirziyoyev of Uzbekistan, Saida Mirziyoyeva, Head of the Presidential Administration of Uzbekistan, U.S. Secretary of State Marco Rubio, and U.S. Special Envoy for South and Central Asian Affairs Sergio Gor. The signing reflects the growing commitment of both countries to strengthen bilateral economic cooperation, expand investment, and develop more secure and diversified critical mineral supply chains. The new agreement advances the parties' November 2025 memorandum of understanding beyond initial technical evaluation toward a structured commercial demonstration and engineering program. Through the existing collaboration, ReElement has successfully validated the processing of Uzbek-sourced tungsten into high-purity oxide form using its proprietary refining technology.

American Resources Corporation Acquires 100% Equity of Blackion for Approximately $13.2M

American Resources Corporation announced that its majority-owned subsidiary, Electrified Materials Corporation, has entered into a binding Letter of Intent to acquire 100% of the outstanding equity interests of Blackion in an all-stock transaction. Blackion is a lithium-ion battery lifecycle and critical materials solutions provider with operations and strategic relationships across the United States and international markets. The company brings complementary capabilities in feedstock origination, reverse logistics, battery lifecycle management, material recovery and commercialization, traceability, and closed-loop supply-chain solutions. Under the terms of the LOI, the transaction values Blackion at approximately $13.2M, with the consideration consisting of EMCO common stock valued based on an agreed $275M pre-money valuation of EMCO. The proposed transaction is subject to the negotiation and execution of definitive agreements, customary closing conditions and any required corporate, regulatory or other approvals. The consideration is structured to align the Blackion team with the long-term success of the combined platform. Fifty percent will be issued at closing, with an additional 25% scheduled to be issued after 12 months and the remaining 25% after 24 months, subject to continued strategic alignment and mutually agreed integration and participation objectives. Blackion has developed complementary capabilities across commercial feedstock origination, battery lifecycle management, strategic partnerships and customer development. EMCO and Blackion have worked collaboratively through existing commercial activities, providing both organizations with an opportunity to evaluate their respective capabilities, cultures and strategic alignment prior to pursuing the transaction. The acquisition is designed to accelerate EMCO's commercial development by integrating Blackion's experienced management team, commercial relationships and operating capabilities into EMCO's existing industrial platform. The transaction is expected to accelerate commercialization, reduce execution risk and expand EMCO's ability to efficiently originate and manage critical material feedstocks at scale.