M&A
confidence high
sentiment positive
materiality 0.62
American Resources buys Wyoming County Coal assets for $40M, settling UMB Bank litigation
American Resources Corp
- Signed Asset Purchase Agreement Sept 29, 2026 with Wyoming County Coal LLC; $40.0M consideration is settlement of UMB Bank, N.A. v. Wyoming County Coal LLC (S.D. Ind. Case No. 1:25-cv-02596).
- Acquired West Virginia real estate in Wyoming County plus structures, fixtures and mobile/fixed equipment, including mineral and refuse-pile rights on the conveyed property.
- ARC assumes no WCC mining permits, reclamation, environmental or asset retirement obligations; assets conveyed free and clear of liens and encumbrances.
- Deed to be executed within 60 days of the Sept 29 effective date and recorded in Wyoming County, WV; ARC may assign the real property to a subsidiary beforehand.
- Company plans to evaluate the assets under its critical-mineral feedstock strategy, including potential recovery of valuable elements from legacy refuse materials, subject to permitting.