American resources corporation's american carbon corporation receives additional $1,055,780 in environmental bond releases
As part of strategic direction, the company is focused on reducing long term liabilities from acquired assets to lower costs and improve the environment company has previously received bond releases on over 9,000 acres of impacted mining land from previously disturbed land from acquired assets fishers, in / accesswire / april 2, 2024 / american resources corporation (nasdaq:arec) ("american resources"), 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, announced today that its continued focus on proper environmental stewardship and cost structure reduction through reclamation and remediation of former mining operations has resulted in a reduction of over $1.05 million in environmental bonding liability. with these recent approvals, it will bring the total number of acres of prior impacted coal mining operations from acquired assets that the company has reclaimed or released to over 9,000 acres from previously acquired impacted lands and stranded mining permits.
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