American resources corporation commences planning and development on next two metallurgical carbon mines

Mines have a low-cost of development and are capable of producing up to 45,000 tons per month company's mccoy elkhorn complex has substantial embedded organic growth with its hub and spoke model, existing permits, 2 onsite carbon processing facilities and rail load out facility fishers, in / accesswire / august 11, 2022 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that post the success of staffing and starting its carnegie 2 mine, it has commenced planning and development on its next two carbon mines in pike county, ky to supply its mccoy elkhorn complex with additional low cost high quality metallurgical carbon for the global steel industry. tarlis thompson, coo of american resources commented, "over the last 7 years we have acquired, restructured and repositioned our extensive asset base enabling our carbon platform to deliver substantial organic growth that require low capital investment.
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