American Resources Corporation (NASDAQ:
AREC) is
one of the top American mining stocks to consider for investment. On August 27, one of the company’s subsidiaries, ReElement Technologies, entered into a memorandum of understanding with Principal Mineral Co.
albert-hyseni-iQAF4A0To1g-unsplash
This strategic partnership will establish the most adaptable and efficient rare earth midstream infrastructure globally, strengthening U.S. defense capabilities, enhancing supply chain stability, and accelerating domestic production. By eliminating handoffs and inefficiencies, the American Resources Unit seeks to provide a secure and scalable supply of rare earth products, thereby ensuring national security and economic leadership.
Mark Jensen, CEO and chairman of ReElement, commented, “Adam Johnson and the Principal Mineral team bring an incredible level of experience and vision to this alliance. By uniting the complete midstream process – from recycled and mined rare earth materials to high-purity fluoride and metal – in a single U.S. facility, we’re breaking the choke points that have long left our nation vulnerable.”
American Resources Corporation (NASDAQ:AREC) is a raw materials and technology company that extracts, processes, and recycles critical and rare earth elements. Through its operating segments, the company produces metallurgical coal from its Kentucky and West Virginia assets, and purifies rare earth and critical minerals from waste streams.
While we acknowledge the potential of AREC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
best short-term AI stock.
READ NEXT: Top 8 Lithium Stocks to Buy Now and
10 Cheap Blue Chip Stocks to Invest in Now.
Disclosure: None. This article is originally published at
Insider Monkey.
