American Resources Corporation Soars 13.39% on Strategic Partnerships

On August 1, 2025, American Resources Corporation (NASDAQ:AREC) saw a significant pre-market rise of 13.39%, driven by strategic partnerships and initiatives aimed at enhancing its critical mineral supply chain.

American Resources Corporation, along with its subsidiary ReElement Technologies Corporation, has signed a Memorandum of Understanding (MOU) with the American Samoa Economic Development Authority (ASEDA). This collaboration aims to develop a critical mineral refinery focused on deep sea nodules found in the American Samoa region, aligning with the U.S. Department of the Interior's guidelines for sustainable development. The initiative seeks to create a vertically integrated supply chain, leveraging ReElement's refining capabilities and Impossible Metals' nodule collection technology to establish a competitive and sustainable rare earth supply chain in the United States.

The MOU highlights the joint commitment to explore a non-China critical mineral supply chain, focusing on essential elements such as copper, cobalt, nickel, manganese, and rare earth elements. The collaboration also includes exploring options to leverage existing Defense Department infrastructure and enhancing the global critical mineral value chain. This initiative is part of a broader effort to meet growing global demand for critical minerals and aligns with President Trump's executive orders promoting domestic mineral production and sustainable development.

Mark Jensen, CEO and Chairman of ReElement, expressed excitement about bringing ReElement's advanced refining capabilities to this mission, while John Wasko, Executive Director of ASEDC, emphasized the potential economic benefits and critical mineral dominance for American Samoa. This agreement marks a significant milestone in American Resources' journey to deliver high-purity rare earth products to the global value chain, reinforcing its commitment to a resilient and sustainable supply network.