---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-007812"
form_type: "8-K"
ticker: "AREC"
cik: "0001590715"
company_name: "American Resources Corp"
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T04:58:04.498774+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Resources enters lithium spodumene offtake for up to 20,000 mt/month

## Summary
- Agreement grants right of first refusal for 5,000 metric tons/month of 6%+ lithium spodumene ore, scaling to 20,000+ mt/month.
- Ore will be refined via ReElement's patented chromatography into >99.9% pure battery-grade lithium carbonate/hydroxide.
- Initial annual offtake 60,000 mt; expected to exceed 240,000 mt/year at full scale, yielding ~32,000–34,000 mt Li-carbonate.
- Company evaluating site for large-scale South African refining facility to reduce logistics cost and carbon footprint.
- Director Courtenay Taplin, also Managing Director of Clay Resources, had no role in American Resources' decision.

## SEC filing metadata
- accession: 0001654954-23-007812
- form_type: 8-K
- ticker: AREC
- cik: 0001590715
- company_name: American Resources Corp
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590715/000165495423007812/0001654954-23-007812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590715/000165495423007812/arec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-007812
- JSON: https://secwatch.observer/filing/0001654954-23-007812.json
- Plain text: https://secwatch.observer/filing/0001654954-23-007812.txt

## Key facts
- Material Agreements
  American Resources Corp entered into Lithium Spodumene Ore Purchase Agreement with Clay Resources LLC Inc. (effective 2023-06-02).
  - Action: entry
  - Agreement: supply
  - Counterparty: Clay Resources LLC Inc.
  - Effective: 2023-06-02
  source text: On June 2, 2023, American Resources Corporation (“American Resources” or the “Company”), entered into Lithium Spodumene Ore Purchase Agreement (“Purchase Agreement”) with Clay Resources LLC Inc. (“Clay Resources”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590715/000165495423007812/0001654954-23-007812-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.