American Resources acquires Wyoming County assets for $40M litigation settlement

American Resources completed an acquisition of real property, structures, equipment, and mineral/refuse-pile rights in Wyoming County, West Virginia, settling a $40 million federal litigation with Wyoming County Coal LLC in the process. The deal is material to the company's stated critical-mineral feedstock strategy, though future value depends on permitting and market conditions for mineral recovery from legacy refuse materials.

A mining company bought valuable land and equipment in West Virginia by paying off a $40 million lawsuit, gaining access to minerals in old mining waste piles that it plans to evaluate for recovery.