American Resources Corporation (NASDAQ:AREC) Mark Jensen joins Proactive's Stephen Gunnion with the latest developments at the company and its ReElement Technologies subsidiary.
Jensen highlighted the appointment of Tarlis Thompson as the CEO of its American Carbon mining division as part of its expansion across various platforms. He emphasized Thompson's leadership qualities and his local insight into the Pikeville, Kentucky mining region.
Thompson has more than 23 years of experience in the mining industry, most recently as president of American Carbon's Central Appalachian subsidiaries.
Jensen also discussed the sale of non-core assets like the Dean Mining Complex, aiming to create value for shareholders by either generating cash flow or selling assets. He also touched on ReElement Technologies achieving an ultra-high purity of 99.99% lithium from lithium iron phosphate (LFP) battery manufacturing waste using its exclusively licensed and patented multi-modal chromatography technology.
Jensen recently presented on a panel at the NAATBatt Lithium Battery Recycling Workshop, in Indianapolis, Indiana, on the topic of recycling LFP battery chemistries.