American Resources unit Electrified Materials signs LOI to buy Blackion in USD 13.2 million stock deal

• Electrified Materials, a majority-owned American Resources unit, signed a binding LOI to acquire Blackion in an all-stock deal.
• Blackion is valued at about $13.2 million, based on an agreed $275 million pre-money valuation for Electrified Materials.
• Equity issuance is staged: 50% at closing, 25% after 12 months, 25% after 24 months, tied to integration objectives.
• Deal adds battery lifecycle management, reverse logistics, and feedstock origination to expand Electrified Materials’ critical materials platform.
• Focus includes lithium-ion battery materials such as LFP, manufacturing scrap, black mass, and rare-earth magnet materials for downstream refining.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Resources Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609210800ACCESSWRNAPR_____1224335) on September 21, 2026, and is solely responsible for the information contained therein.