American Resources Corporation (NASDAQ:AREC) ("American Resources") through its minority holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, today announced that the National Science Foundation has selected the Critical Materials Crossroads consortium as one of its Regional Innovation Engines, making the consortium eligible for up to $160 million in funding over ten years. The consortium is led by the University of Missouri-Kansas City ("UMKC") and includes ReElement Technologies among its industry collaborators.

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