American Resources Corporation’s American Carbon Corporation Provides Updated Rare Earth Analysis From West Virginia Project - Seite 2

Rare earth and critical minerals are used in the electric drive train (magnets and batteries) of e-mobility as well as other electronics and military applications all throughout the world. American Carbon has an agreement in place with ReElement Technologies to refine concentrated rare earth materials from unconventional coal-based resources into ultra-pure products. Over 90% of the world's rare earth elements are refined in China to date and ReElement's mission is to continually grow its footprint to provide an alternative to the world in how rare earth and critical minerals are refined.

ReElement Technologies Corporation is the only full lifecycle provider of critical and rare earth elements in the United States. Learn more about ReElement Technologies' process and technology here - Video.

About American Resources Corporation

American Resources Corporation (NASDAQ: AREC) 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. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

About ReElement Technologies Corp

ReElement Technologies Corp is redefining how critical and rare earth elements are both sourced and processed while focusing on the recycling of end-of-life products such as rare earth permanent magnets and lithium-ion batteries, as well as coal-based waste streams and byproducts to create a low-cost and environmentally-safe, circular supply chain. ReElement Technologies has developed its innovative and scalable "Capture-Process-Purify" process chain in conjunction with its licensed intellectual property including 16 patents and technologies and sponsored research partnerships with three leading universities to support the domestic supply chain's growing demand for magnet and battery metals. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.