American resources corporation reports second quarter 2022 financial results and provides business outlook

Record quarterly revenues of $16.2 million represents the best in company's history with significant expansion opportunities over the balance of the year company boasts 78% quarter-over-quarter revenue growth; adjusted ebitda for the 2q 2022 of $11.5 million the first domestic, commercial producer of separated and high-purity rees from recycled permanent magnets on track to commercially produce separated and high-purity battery elements from recycled lithium-based batteries in 4q 2022 company's patented chromatographic separation and purification process defining itself as the only complete recycling solution for all the critical and rees in the ev powertrain company's carbon platform well positioned to capitalize on continued market strength and opportunities over the next several years company to host update conference call today at 4:30 pm et fishers, in / accesswire / august 15, 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 financial results for the second quarter of 2022 and provided a corporate update. the company will host a conference call and webcast, today, august 15, 2022, at 4:30 pm et (details below).
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