American Resources Corp
americanresourcescorp.comWhat Do They Do?
Aggregates, recovers and sells recycled metals and steel, and maintains interests in coal and critical-mineral businesses serving industrial and steelmaking markets.
10-K for FY2025, filed May 20, 2026American Infrastructure Corporation currently has six coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC (doing…View ↗
Efforts to diversify revenue streams have led to the establishment of additional subsidiaries; Electrified Materials Corporation (EMC)…View ↗
On December 25, 2025, it was determined that ARC was no longer the primary beneficiary of AIC and no longer was required to consolidate…View ↗
On December 26, 2025, it was determined that ReElement was no longer a variable interest entity and ARC had no ongoing requirement to…View ↗
EMC continues to be fully consolidated and controlled by the Company.View ↗
Who Are Their Customers?
Coal is sold to a range of domestic and international buyers, primarily in steelmaking; the company also identifies industrial customers for its coal.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed May 20, 2026McCoy Elkhorn sells its coal to a variety of customers, both domestically and internationally, primarily to the steel making industry as a…View ↗
American Infrastructure Corporation currently has six coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC (doing…View ↗
How Are They Changing?
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Aug 26, 2026
Nasdaq cited a delinquent quarterly filing
The company must amend its plan to address the June filing delinquency; the notice had no immediate effect on listing or trading.
Sources
8-K, filed Aug 26, 2026
On August 20, 2026, American Resources Corporation (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying…View ↗
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Jul 24, 2026
The prior auditor withdrew its opinion; the company appointed a new auditor
The new auditor's engagement includes an audit of the 2025 annual report and financial statements.
Sources
8-K, filed Jul 24, 2026
On July 3, 2026, the Company’s Audit Committee was notified that GreenGrowth was withdrawing their opinion on the December 31, 2025.View ↗
ReElement's refining focus
ReElement's focus shifted from aggregating and monetizing critical-mineral deposits and end-of-life magnets and batteries to purifying and monetizing critical and rare-earth deposits and end-of-life magnets and batteries.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed May 20, 2026Efforts to diversify revenue streams have led to the establishment of additional subsidiaries; American Metals LLC (AM) which is focused on…View ↗
Efforts to diversify revenue streams have led to the establishment of additional subsidiaries; Electrified Materials Corporation (EMC)…View ↗
Broader metals sourcing
The metals business added feedstock aggregation to its earlier recovery and sales focus, covering recovered metal and steel.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed May 20, 2026Efforts to diversify revenue streams have led to the establishment of additional subsidiaries; American Metals LLC (AM) which is focused on…View ↗
Efforts to diversify revenue streams have led to the establishment of additional subsidiaries; Electrified Materials Corporation (EMC)…View ↗
Who Do They Compete With?
Competes with MP Materials, Lithium Americas, Ramaco Resources, Arch Resources, Contura Energy, and Warrior Met Coal
10-K for FY2025, filed May 20, 2026The global commodity industry for critical minerals, rare earth element and coal is intensely competitive. When evaluating areas of…View ↗
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