4Suppliers
7Customers
3Debt Items
10Related Chains

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: xecution $ $ $ Reconciliation of total cash, cash equivalents and restricted cash: Cash and cash equivalents $ $ $ Restricted cash - - Total cash, cash equival…
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…
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…

American Resources Corporation Debt Obligations

InstrumentDescriptionConfidenceEvidence
AREC-DEBT-7842 Xbrl Convertible 90% xbrl convertible detail from xbrl 2025-09-30.
AREC-DEBT Debt stack $228.7M 90% Market cache reports total debt of $228.7M.
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
TRN Trinity Industries, Inc. 100.00 2
UNP Union Pacific Corporation 100.00 2
CSX CSX Corporation 100.00 2
PW Power REIT 50.00 2
BAL BAL 50.00 2
CP Canadian Pacific Kansas City Limited 50.00 2
NSC Norfolk Southern Corporation 38.88 1 ['receiving']
RMCO Royalty Management Holding Corp 38.88 1 ['receiving']
REX REX American Resources Corporation 36.29 1 ['customer', 'supplier']
EXPORT EXPORT 20.60 2