NATURAL GAS FUELING & CONVERSION: American Resources Corporation’S Wholly Owned Subsidiary, American Rare Earth, Achieves Pending Certified B Corporation Status

The following excerpt is from the company's SEC filing.


Company’s rare earth division hits milestone to use power of
business as a force of good and strengthen
stakeholders


December 11, 2020 

Source

: American Resources
Corporation


FISHERS, INDIANA / ACCESSWIRE / December 11, 2020


American Resources
Corporation (NASDAQ:

)
(“American Resources” or the “Company”), a
next generation and socially responsible supplier of raw materials
to the new infrastructure marketplace, today announced that its
wholly owned subsidiary, American Rare Earth LLC, has obtained
Pending Certified B Corporati on status through the B
Lab.


Certified B Corporations are businesses that meet the highest
standards of verified social and environmental performance, public
transparency, and legal accountability to balance profit and
purpose. B Corps are accelerating a global culture shift to
redefine success in business and build a more inclusive and
sustainable economy.


Mark Jensen, Chairman and CEO of American Resources Corporation
commented, “We’re proud that American Rare Earth has
achieved Pending B Corp status. We believe this is another example
of how we are always looking to innovate and think outside the box
to drive efficiencies and real solutions. Reestablishing our
national supply chain of rare earth elements and critical materials
is a broad problem that will take the collaboration of all
stakeholders. Our ability to produce critical raw materials in an
environmentally positive way is unique, and we are excited to do
our part in providing efficient, comprehensive solutions that also
have the highest standards of transparency, sustainability, and
social and environmental good. We believe American Rare Earth
greatly represents the type of company which qualifies as a B Corp
and to lead us in an emerging economy.”


American Rare Earth completed the B Impact Assessment (BIA) with
the B Lab, a rigorous, comprehensive and industry-specific tool
designed to measure its social and environmental impact. The BIA
measures the operational impact and impact of a company’s
business model amongst aspects such as Governance, Workers,
Community, Environment and Customers, to see if it can qualify as a
B Corporation with a pending status. American Rare Earth received a
score high enough to qualify as a Pending B Corporation and over
the next twelve months, will have the opportunity, and exciting
challenge, to work towards a Certified B Corporation by completing
the performance requirements.


American Resources continues to focus on running efficient
streamlined operations to economically deliver raw materials in the
most sustainable ways.

By operating with low or no legacy
costs and having one of the largest and most innovative growth
pipelines in the industry, American Resources Corporation works to
maximize value for its investors by positioning its large asset
base to best fit a new-aged economy, while being able to scale its
operations to meet the growth of the modern infrastructure markets
it serves.


About American Resources Corporation


American Resources Corporation is a supplier of high-quality raw
materials to the rapidly growing global infrastructure market. The
Company is focused on the extraction and processing of
metallurgical carbon, an essential ingredient used in steelmaking.
American Resources has a growing portfolio of operations located in
the Central Appalachian basin of eastern Kentucky and southern West
Virginia where premium quality metallurgical carbon deposits are
concentrated.


American Resources has established a nimble, low-cost business
model centered on growth, which provides a significant opportunity
to scale its portfolio of assets to meet the growing global
infrastructure market while also continuing to acquire operations
and significantly reduce their legacy industry risks. Its
streamlined and efficient operations are able to maximize margins
while reducing costs. For more information visit


americanresourcescorp.com

or connect with the Company on


Facebook


Twitter


LinkedIn


Special Note Regarding Forward-Looking Statements

This
press release contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and unknown
risks, uncertainties, and other important factors that could cause
the Company’s actual results, performance, or achievements or
industry results to differ materially from any future results,
performance, or achievements expressed or implied by these
forward-looking statements. These statements are subject to a
number of risks and uncertainties, many of which are beyond
American Resources Corporation’s control. The words
“believes”, “may”, “will”,
“should”, “would”, “could”,
“continue”, “seeks”,
“anticipates”, “plans”,
“expects”, “intends”,
“estimates”, or similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain such identifying words. Any
forward-looking statements included in this press release are made
only as of the date of this release. The Company does not undertake
any obligation to update or supplement any forward-looking
statements to reflect subsequent events or circumstances. The
Company cannot assure you that the projected results or events will
be achieved.


PR Contact:

Precision
Public Relations

Matt
Sheldon

917-280-7329


matt@precisionpr.co


Investor Contact:

JTC
Team, LLC

Jenene
Thomas

833-475-8247


AREC@jtcir.com


Company Contact:

Mark
LaVerghetta

317-855-9926
ext. 0

Vice
President of Corporate Finance and Communications


investor@americanresourcescorp.com

Source:
American Resources Corporation

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

NATURAL GAS FUELING & CONVERSION: American Resources Corporation Expands Carbon Production With The Restart Of Its Mccoy Elkhorn Complex And Secures Initial Sales Contracts - Oct. 8, 2021
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