Company American Resources Corporation

Equities

AREC

US02927U2087

Electrical Components & Equipment

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
1.55 USD +7.64% Intraday chart for American Resources Corporation +14.81% +4.03%

Business Summary

American Resources Corporation is a supplier of high 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. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. Its subsidiaries include American Carbon Corp. American Carbon Corp. has over seven coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC, Knott County Coal LLC, Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC (Wyoming County), Quest Processing LLC (Quest Processing), Perry County Resources, located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation (ERC) located in southwest Indiana within the Illinois coal basin.

Number of employees: 23

Sales per Business

USD in Million2022Weight2023Weight Delta
Coal
96.3 %
39 99.1 % 16 96.3 % -58.77%
Royalty
3.3 %
0 0.8 % 1 3.3 % +72.84%
Metal Recovery and Sales
0.4 %
0 0.1 % 0 0.4 % +38.08%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
39 100.0 % 17 100.0 % -57.58%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 14-12-31
Director of Finance/CFO 45 -
President 46 14-12-31
Chief Operating Officer 41 14-12-31
Human Resources Officer - -
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 45 14-12-31
Director/Board Member - 23-09-05
President 46 14-12-31
Director/Board Member 72 18-11-14
Director/Board Member 52 20-11-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 79,179,958 43,647,431 ( 55.12 %) 0 55.12 %

Shareholders

NameEquities%Valuation
Tau Holdings Ltd. (Canada)
18.34 %
14,350,711 18.34 % 20 M $
5,294,877 6.765 % 7 M $
4,489,489 5.736 % 6 M $
Vanguard Global Advisers LLC
3.541 %
2,771,301 3.541 % 4 M $
1,624,883 2.076 % 2 M $
BlackRock Institutional Trust Co. NA
1.162 %
909,278 1.162 % 1 M $
Janney Montgomery Scott LLC
0.9614 %
752,483 0.9614 % 1 M $
Geode Capital Management LLC
0.7966 %
623,506 0.7966 % 879 143 $
Susquehanna Securities LLC
0.4881 %
381,990 0.4881 % 538 606 $
Bridgeway Capital Management LLC
0.4842 %
378,950 0.4842 % 534 320 $

Company contact information

American Resources Corp. (Indiana)

12115 Visionary Way

46038, Fishers

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http://www.americanresourcescorp.com
address American Resources Corporation(AREC)
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