 American Resources Corporation NASDAQ:AREC announced its support for the US Senates proposed bill: Restoring Essential Energy and Security Holdings Onshore for Rare Earths REEShore Act of 2022, which would establish a strategic reserve of rare earth metal and rare earth metal products. The company said the strategic reserve would build a one-year supply of rare earth elements to meet the domestic needs of the US in the event of a supply disruption. 