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American Resources shifts focus to rare earths, boosting equity and cash reserves with global mining stakes.

Market News
23 May 2026
Proactive Investors
View Source
Bullish
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American Resources Corp has transitioned from coal to rare earth minerals, improving its financial health by moving from negative to positive shareholder equity through asset divestitures and spinning off ReElement Technologies. The company retains a 17% stake in ReElement, a refining platform producing rare earth elements competitively. Its strategy targets ownership in low-cost mining operations in Southeast Asia and Africa, focusing on scarce elements like germanium and yttrium. With over $72.5 million in cash and no immediate fundraising needs, American Resources aims to diversify supply chains and reduce geopolitical risks, positioning itself as a key player in the global critical minerals market.

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