American Resources Corp (NASDAQ:AREC) is a U.S.-based diversified natural resources and manufacturing company focused on domestic mining, processing, and production of critical raw materials. Headquartered in Jupiter, Florida, the company was founded in 2017 with a mission to revitalize underperforming coal assets and expand into value-added mineral and battery material markets. Over the years, American Resources has grown through strategic acquisitions and organic development of mining properties in the Illinois Basin, positioning itself as a significant supplier of energy and industrial feedstocks.
Through its mining subsidiary, American Resources operates metallurgical and steam coal mines in western Kentucky and southern Illinois, producing low-sulfur, high-quality coal for steelmaking and power generation. The company has invested in modernizing its coal preparation plants and logistics infrastructure to improve yields, reduce emissions, and deliver reliable volumes to U.S. utilities, steel mills, and export terminals. This focus on quality and sustainability has helped establish long-term off-take agreements with domestic customers.
In addition to coal, American Resources is expanding its manufacturing footprint to include battery-grade materials and specialty carbon products. Its American Graphite division explores and develops graphite projects in the United States, while partnerships and joint ventures target the production of nickel, cobalt, lithium, and rare earth oxides for use in electric vehicles, energy storage systems, and advanced electronics. By integrating upstream mining with downstream processing, the company aims to capture more value and support North American supply chain resilience.
Under the leadership of Chairman and CEO Frank S. Stambaugh, American Resources has focused on asset optimization and sector diversification. The company’s executive team brings expertise in mining operations, metallurgical processes, and corporate finance, underscoring its commitment to sustainable growth and operational excellence. With a strategic footprint in key U.S. resource basins and a growing portfolio of value-added products, American Resources continues to advance its role in the energy and critical materials markets.
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