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AREC / American Resources receives $4.9 million in federal New Markets Tax Credits for its West Virginia coal complex

American Resources Corporation (NASDAQ:AREC) said it has received an allocation commitment totalling $4.9 million in federal New Markets Tax Credits for its Wyoming County coal (WCC) complex in West Virginia. The company noted the funding follows the West Virginia Economic Development Authority's support of a resolution preliminarily approving the issuance of up to $45 million of Tax-Exempt Solid Waste Disposal Facility Revenue Bonds, Series 2022 on behalf of American Resources' wholly-owned subsidiary Wyoming County Coal LLC, which is expected to close within the next 90 days. Read More

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Posted: Aug 9 2022, 09:29

Author Name: Proactive Investors

AREC News

By Proactive Investors
August 21, 2023

American Resources subsidiary ReElement Technologies appoints Ben Wrightsman as president

American Resources Corporation (NASDAQ:AREC) said its ReElement Technologies subsidiary has expanded its executive team with the appointment of Ben Wr

By Seeking Alpha
August 14, 2023

American Resources Corporation (AREC) Q2 2023 Earnings Call Transcript

American Resources Corporation (NASDAQ:AREC ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Mark LaVerghetta - Head

By Proactive Investors
August 14, 2023

American Resources reports 2Q results ahead of planned ReElement Technologies spinoff

American Resources Corporation (NASDAQ:AREC) has reported its second-quarter financial results, and CEO Mark Jensen is optimistic about the trajectory

By Proactive Investors
August 11, 2023

American Resources appoints Tarlis Thompson as CEO of American Carbon division

American Resources Corporation (NASDAQ:AREC) has named a new CEO for its American Carbon mining division. Tarlis Thompson has more than 23 years of ex

By Proactive Investors
August 9, 2023

American Resources subsidiary ReElement Technologies produces ultra-high purity lithium from battery manufacturing waste

American Resources Corporation (NASDAQ:AREC) (AREC) said its subsidiary ReElement Technologies has achieved an ultra-high purity of 99.99% lithium fro

By Proactive Investors
August 8, 2023

American Resources Corp CEO to showcase ‘world-leading innovation' at NAATBatt

American Resources Corporation (NASDAQ:AREC) chief executive Mark Jensen today presents on a panel at the NAATBatt Lithium Battery Recycling Workshop,

By Accesswire
July 24, 2023

American Resources Corporation to Present at the Virtual Investor Spotlight with Advanced Magnet Lab, Inc.

Live moderated video webcast on Thursday, July 27th at 11:00 AM ET FISHERS, IN / ACCESSWIRE / July 24, 2023 / American Resources Corporation (NASDAQ:A

By Proactive Investors
July 17, 2023

American Resources subsidiary ReElement Technologies adds auto and EV expert to technical advisory board

American Resources Corporation (NASDAQ:AREC) said its subsidiary ReElement Technologies has appointed automotive and electric vehicle (EV) veteran Ale

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