American Resources’ EMCO unit to acquire Blackion for $13.2m

American Resources Corporation's Electrified Materials Corporation subsidiary is set to acquire Blackion LLC in an all-stock transaction valued at approximately $13.2 million. Blackion operates as a lithium-ion battery lifecycle and critical materials solutions provider, offering services in feedstock origination, reverse logistics, battery lifecycle management, material recovery, and traceability.

The deal structure provides EMCO with 50% of shares at closing, with the remaining shares to be issued after 12 and 24 months, contingent upon continued strategic alignment and integration objectives. EMCO's focus on aggregating, processing, and conditioning end-of-life products, manufacturing scrap, and critical material feedstocks complements Blackion's capabilities, with the combined organization planning to work with various participants across the battery supply chain.

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