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

Company reports adjusted ebitda for the 1q 2022 of $5.8 million on track be the first in the u.s. to produce isolated and purified critical and rare earth elements (rees) and bring the most environmentally-safe refining solutions to the domestic marketplace significant increase in carbon demand and price realization being seen as company scales operations and on track this march to realize operating profit current specialty and metallurgical carbon backlog represents approximately $110 million company highly aligned with major u.s. priorities in both infrastructure and electrification strong balance sheet provides financial strength and flexibility to execute on its innovation, collaboration and growth plans company to host update conference call today at 4:30 pm et fishers, in / accesswire / may 16, 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 first quarter of 2022 and provided a corporate update. the company will host a conference call and webcast, today, may 16, 2022, at 4:30 pm et (details below).
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