American Resources Corporation Names Tarlis Thompson As CEO Of American Carbon's Mining Division
Portfolio Pulse from Happy Mohamed
American Resources Corporation (NASDAQ:AREC) has appointed Tarlis Thompson as the CEO of its subsidiary, American Carbon. Thompson, who has been with the company since 2015, will lead the carbon division. The company aims to focus on monetizing non-core carbon assets through sales or leases, expanding core assets for growth, and producing rare earth and critical mineral concentrate from carbon-based waste stream to be refined by its sister company, ReElement Technologies.
August 11, 2023 | 12:31 pm
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The appointment of Tarlis Thompson as CEO of American Carbon, a subsidiary of American Resources Corporation, could potentially lead to growth in the company's carbon division. The company's focus on monetizing non-core carbon assets and expanding core assets for growth could also positively impact its stock.
The appointment of a new CEO often leads to changes in a company's strategy, which can impact its stock. In this case, the company's focus on monetizing non-core assets and expanding core assets for growth could lead to increased revenues and profitability, which could positively impact its stock.
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