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American Resources Corporation Signs Third-Party Carbon Processing Agreement

FISHERS, IN / ACCESSWIRE / August 24, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a supplier of raw materials to the rapidly growing global

Benzinga · 08/24/2020 12:37

FISHERS, IN / ACCESSWIRE / August 24, 2020 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a supplier of raw materials to the rapidly growing global infrastructure marketplace, announced today that it has entered into a carbon processing, transloading agreement with a third-party operator. Under the agreement, American Resources will provide, among other things, carbon processing, storage and rail and/or truck loading services at its Davidson Branch Preparation Plant located at the Company's Perry County Resources complex in Hazard, Kentucky. The agreement commences immediately under an initial trial period and will then carry a one-year term should the trial be favorable for both parties. The agreement will have the option to renew on an annual basis.