4Suppliers
30Customers
3Debt Items
11Related Chains

Source-Backed Evidence Depth

American Resources Corporation (AREC) is shown with relationship data already present in ChainSifter's database. Counts below come from stored supply-chain records and filing/source URLs where available; missing source URLs are not filled in or estimated.

38Total relationships
1Distinct source URLs
10High confidence
0.707Average confidence
2026-09-13Latest database update
ChainSifter does not infer unreported suppliers, customers, ownership, acquisitions, debt exposure, revenue dependency, or future supply-chain events on this public page.

American Resources Corporation Suppliers

TickerNameConfidenceEvidence
FUB-MINERAL-LLC FUB-MINERAL-LLC 90% On October 1, 2021, the Company contributed $250,000 for 23% ownership of FUB Mineral LLC (FUB). Simultaneously the Company issued a promissory note to FUB for $350,000 that was fully repaid as of Ap…
REX REX American Resources Corporation 72% Reciprocal relationship from REX graph: Reciprocal relationship from AREC graph: Reciprocal relationship from REX graph: xecution $ $ $ Reconciliation of total cash, cash equivalents and restricted c…
AMERICAN-ACQUISITION-OPPORTUNITY-INC AMERICAN-ACQUISITION-OPPORTUNITY-INC 70% The sole investment was initially in American Acquisition Opportunity Inc (AMAO) a SPAC that closed its reverse merger with RMCO effective October 31, 2023.
ROYALTY-MANAGEMENT-CO ROYALTY-MANAGEMENT-CO 70% AOV's sole investment in Royalty Management Co (RMCO) will be accounted for using the equity method of accounting.

American Resources Corporation Customers

TickerNameConfidenceEvidence
KENAI-DEFENSE-COMPANY-LLC KENAI-DEFENSE-COMPANY-LLC 90% Novusterra is still obligated to pay the Company ten percent (10%) of all revenue from the exclusive sublicense with Kenai Defense Company, LLC and for the Department of Defense under the contract th…
DEANE-MINING-LLC DEANE-MINING-LLC 85% ly underground mines that utilize room-and-pillar mining. Approximate coal deposits owned and leased are 0 tons and 3,207,000 tons, respectively. The current leases contain production royalty payment…
LAND-BETTERMENT-CORP LAND-BETTERMENT-CORP 85% tered into a Line of Credit Agreement with LRR in the amount of $ 1,100,000 (the “Line of Credit”). Refer to Note 8 for further information on the convertible promissory notes. As further described i…
QUEST-ENERGY-INC QUEST-ENERGY-INC 85% mineral and surface related to the Company’s coal mining operations is leased from various mineral and surface owners (the “Leases”). The Company’s operating subsidiaries, collectively, are parties t…
ROADRUNNER-LAND-COMPANY ROADRUNNER-LAND-COMPANY 85% mineral and surface related to the Company’s coal mining operations is leased from various mineral and surface owners (the “Leases”). The Company’s operating subsidiaries, collectively, are parties t…
WABASH-ENTERPRISES-INC WABASH-ENTERPRISES-INC 85% mineral and surface related to the Company’s coal mining operations is leased from various mineral and surface owners (the “Leases”). The Company’s operating subsidiaries, collectively, are parties t…
NSC Norfolk Southern Corporation 72% Reciprocal relationship from NSC graph: Reciprocal relationship from AREC graph: Reciprocal relationship from NSC graph: Reciprocal relationship from AREC graph: Reciprocal relationship from NSC grap…
NSC Norfolk Southern Corporation 72% of the property at Deane Mining paid by the Company is $1,569,641. 39 Table of Contents Additional Permits: In addition to the above mines and preparation facility, Deane Mining holds 12 additional c…
REX REX American Resources Corporation 72% Reciprocal relationship from REX graph: xecution $ $ $ Reconciliation of total cash, cash equivalents and restricted cash: Cash and cash equivalents $ $ $ Restricted cash - - Total cash, cash equival…
RMCO Royalty Management Holding Corp 72% . The note bears no interest and is due in 2026. As of September 30, 2025 and December 31, 2024, amounts owed to LRR totaled $ 0 and $ 0 , respectively. The Company was the sponsor of American Opport…
RMCO Royalty Management Holding Corp 72% Reciprocal relationship from RMCO graph: Reciprocal relationship from AREC graph: Reciprocal relationship from RMCO graph: Reciprocal relationship from AREC graph: Reciprocal relationship from RMCO g…
AMERICAN-ACQUISITION-OPPORTUNITY-INC AMERICAN-ACQUISITION-OPPORTUNITY-INC 62% additional paid-in capital. The transaction was accounted for as a non-cash financing activity and is reflected as such in the statement of cash flows for the nine months ended September 30, 2025. 23…
AMERICAN-CARBON-CORP AMERICAN-CARBON-CORP 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
AMERICAN-INFRASTRUCTURE-CORPORATION AMERICAN-INFRASTRUCTURE-CORPORATION 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
AMERICAN-INFRASTRUCTURE-CORPORATION-AMERICAN-INF AMERICAN-INFRASTRUCTURE-CORPORATION-AMERICAN-INF 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
AMERICAN-OPPORTUNITY-VENTURE-LLC AMERICAN-OPPORTUNITY-VENTURE-LLC 62% additional paid-in capital. The transaction was accounted for as a non-cash financing activity and is reflected as such in the statement of cash flows for the nine months ended September 30, 2025. 23…
AMERICAN-OPPORTUNITY-VENTURES-LLC AMERICAN-OPPORTUNITY-VENTURES-LLC 62% . The note bears no interest and is due in 2026. As of September 30, 2025 and December 31, 2024, amounts owed to LRR totaled $ 0 and $ 0 , respectively. The Company was the sponsor of American Opport…
CORSA-COAL-CORPORATION-RAMACO-RESOURCES CORSA-COAL-CORPORATION-RAMACO-RESOURCES 62% mineral and surface related to the Company’s coal mining operations is leased from various mineral and surface owners (the “Leases”). The Company’s operating subsidiaries, collectively, are parties t…
ELECTRIFIED-MATERIALS-CORPORATION ELECTRIFIED-MATERIALS-CORPORATION 62% tered into a Line of Credit Agreement with LRR in the amount of $ 1,100,000 (the “Line of Credit”). Refer to Note 8 for further information on the convertible promissory notes. As further described i…
FUB-MINERAL-LLC FUB-MINERAL-LLC 62% rcent ( 50 %) of the operating profits from their Graphene manufacturing and marketing business. However, Novusterra is still obligated to pay the Company ten percent (10%) of all revenue from the ex…
KNOTT-COUNTY-COAL-LLC KNOTT-COUNTY-COAL-LLC 62% the Alma and Upper Alma coal seams and located near Kimper, Kentucky. When operating, coal is mined via room-and-pillar mining methods utilizing a continuous miner with the estimated capacity to prod…
MARCO-INTERNATIONAL-CORPORATION MARCO-INTERNATIONAL-CORPORATION 62% s. The adjustment corrects these matters. 2. Restricted investment reclassification Cash balances in the WCC bond fund balances were classified as short-term investments on the balance sheets. The ad…
MCCOY-ELKHORN-COAL-COMPANY MCCOY-ELKHORN-COAL-COMPANY 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
MCCOY-ELKHORN-COAL-LLC MCCOY-ELKHORN-COAL-LLC 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
MCCOY-ELKHORN-KNOTT-COUNTY-COAL-LLC MCCOY-ELKHORN-KNOTT-COUNTY-COAL-LLC 62% cky and western West Virginia. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporati…
PERRY-COUNTY-KENTUCKY-PERRY-COUNTY-RESOURCES-LLC PERRY-COUNTY-KENTUCKY-PERRY-COUNTY-RESOURCES-LLC 62% of the property at Deane Mining paid by the Company is $1,569,641. 39 Table of Contents Additional Permits: In addition to the above mines and preparation facility, Deane Mining holds 12 additional c…
REELEMENT-TECHNOLOGIES-CORPORATION REELEMENT-TECHNOLOGIES-CORPORATION 62% . The note bears no interest and is due in 2026. As of September 30, 2025 and December 31, 2024, amounts owed to LRR totaled $ 0 and $ 0 , respectively. The Company was the sponsor of American Opport…
RMCO-NOVUSTERRA-INC RMCO-NOVUSTERRA-INC 62% additional paid-in capital. The transaction was accounted for as a non-cash financing activity and is reflected as such in the statement of cash flows for the nine months ended September 30, 2025. 23…
ROYALTY-MANAGEMENT-CO ROYALTY-MANAGEMENT-CO 62% additional paid-in capital. The transaction was accounted for as a non-cash financing activity and is reflected as such in the statement of cash flows for the nine months ended September 30, 2025. 23…
ROYALTY-MANAGEMENT-CORPORATION ROYALTY-MANAGEMENT-CORPORATION 62% . The note bears no interest and is due in 2026. As of September 30, 2025 and December 31, 2024, amounts owed to LRR totaled $ 0 and $ 0 , respectively. The Company was the sponsor of American Opport…

American Resources Corporation Debt Obligations

InstrumentDescriptionConfidenceEvidence
AREC-DEBT-7842 Xbrl Convertible 90% xbrl convertible detail from xbrl 2025-09-30.
AREC-DEBT Debt stack $1.8M 90% Market cache reports total debt of $1.8M.
AREC-DEBT-7841 Warrants outstanding: 1.2 90% xbrl warrant detail from xbrl 2024-12-31.

American Resources Corporation Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for American Resources Corporation.

American Resources Corporation Ownership

No ownership data on recordNo major institutional ownership relationships found in our database for American Resources Corporation.

American Resources Corporation Extended Supply Chain Network

TickerNameChain IndexHopsRelationship Types
UNP Union Pacific Corporation 100.00 2
CSX CSX Corporation 100.00 2
TRN Trinity Industries, Inc. 100.00 2
CP Canadian Pacific Kansas City Limited 50.00 2
BAL BAL 50.00 2
GPRE Green Plains Inc. 50.00 2
PW Power REIT 50.00 2
NSC Norfolk Southern Corporation 38.88 1 ['customer']
RMCO Royalty Management Holding Corp 38.88 1 ['customer']
REX REX American Resources Corporation 36.29 1 ['customer', 'supplier']
EXPORT EXPORT 20.60 2
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AREC
Unlock AREC Supply Chain Data
Verified relationships include:
FUB-MINERAL-LLCFUB-MINERAL-LLCSupplier90%
REXREX American Resources Co…Supplier72%
KENAI-DEFENSE-COMPANY-LLCKENAI-DEFENSE-COMPANY-LLCCustomer90%
DEANE-MINING-LLCDEANE-MINING-LLCCustomer85%
+33 more relationships locked
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