 Produces and sells metallurgical coal, which is used for steel making Currently owns a variety of complexes where metallurgical coal can be processed and transported, mostly by rail Recycling waste magnets and lithium-ion batteries for their critical and rare earth minerals REEs What American Resources does: American Resources Corporation has spent the past several years consolidating assets to build out its metallurgical carbon platform. It is staffed by a team of former private equity executives and consultants with a sentimental attachment to Appalachia and its coal, who are keen to stage a turnaround in how business is done there. 