AREC - American Resources nearly doubles after introducing rare earth subsidiary

Noting its acquisition of multiple mining complexes over the past five years, American Resources ([[AREC]] +93.9%) unveils American Rare Earth to organize, consolidate, evaluate and develop its owned portfolio of high-quality, low-cost rare earth mineral sites.CEO Mark Jensen: "We are committed to swiftly selecting a path that best unlocks the value of these assets for our shareholders while we continue to focus on growing our business."Source: Press Release

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American Resources nearly doubles after introducing rare earth subsidiary