09:55 AM EDT, 09/10/2025 (MT Newswires) -- American Resources ( AREC ) said Wednesday that it has obtained access to a $20 million equipment leasing facility from Maxus Capital Group through its ReElement Technologies subsidiary.

The financing will be used for large-scale equipment purchases to expand the rare earth and battery materials production lines at ReElement's Marion and Noblesville facilities in Indiana, American Resources ( AREC ) said.

Shares of American Resources ( AREC ) were down 1.9% in recent trading Wednesday.

Price: 2.05, Change: -0.04, Percent Change: -1.91