American Resources Aims To Successfully Spin Off ReElement Technologies And American Infrastructure By The End Of 2024; Focus On Expanding Critical Mineral Refining Capacity And Securing Additional Partnerships To Bolster Feedstocks And Offtake Agreements.
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American Resources plans to spin off ReElement Technologies and American Infrastructure by the end of 2024, focusing on expanding critical mineral refining and securing partnerships.
August 19, 2024 | 8:22 pm
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American Resources Corporation plans to spin off ReElement Technologies and American Infrastructure by the end of 2024, focusing on expanding critical mineral refining capacity and securing partnerships.
The spin-off of ReElement Technologies and American Infrastructure is a strategic move by American Resources to focus on its core business and potentially unlock shareholder value. The emphasis on expanding critical mineral refining and securing partnerships suggests a growth strategy that could positively impact AREC's stock price in the short term.
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