American Resources CEO talks rare earth strategy – ICYMI

American Resources Corp (NASDAQ:AREC) earlier this week outlined its strategy to build a diversified global critical minerals platform as the company continues its transition away from legacy coal operations and toward rare earth supply chain opportunities. Speaking with Proactive, chief executive Mark Jensen said the company had transformed its balance sheet significantly over the past year, moving from negative shareholder equity of roughly $80 million to positive equity of approximately $93 million following the divestiture of legacy assets and the spinout of ReElement Technologies.