8 unchanged sentences
On December 27, 2024, American Carbon changed its name to American Infrastructure Corporation (American Infrastructure Corporation).
−Removed: American Infrastructure Corporation currently has seven coal mining and processing operating subsidiaries:
+Added: American Infrastructure Corporation currently has six coal mining and processing operating subsidiaries:
McCoy Elkhorn Coal LLC (doing business as McCoy Elkhorn Coal Company) (McCoy Elkhorn), Knott County Coal LLC (Knott County Coal), Deane Mining, LLC (Deane Mining), Wyoming County Coal LLC (Wyoming County), Perry County Resources (Perry County) located in eastern Kentucky and western West Virginia within the Central Appalachian coal basin, and ERC Mining Indiana Corporation (ERC) located in southwest Indiana within the Illinois coal basin.
4 unchanged sentences
During 2024, ReElement filed and changed from a limited liability company to a corporation.
−Removed: We have not classified, and as a result, do not have any “proven” or “probable” reserves as defined in United States Securities and Exchange Commission Items 1300 through 1305 of Regulation S-K, and as a result, our company and its business activities are deemed to be in the exploration stage until mineral reserves are defined on our properties.
+Added: As of December 31, 2024, the Company is in the exploration stage and has not established mineral reserves defined in United States Securities and Exchange Commission Items 1300 through 1305 of Regulation S-K.
+Added: The Company has not yet implemented formal internal controls over mineral resource or reserve estimation and currently relies on independent qualified people to perform technical evaluations.
+Added: Internal controls will be established as exploration activities advance and mineral resource estimates are prepared.
Since mid-2019, we have not mined or sold coal which is sold into the thermal coal markets.
6 unchanged sentences
Big Sandy / Kanawha Rate District
+Added: Annual Production (Tons of Coal)
+Added: Subsidiary / Mine Location
McCoy Elkhorn Coal LLC
+Added: Perry County Resources LLC (KY)
+Added: Deane Mining LLC (KY)
+Added: Wyoming County Coal LLC (WV)
+Added: ERC Mining Indiana Corp (IN)
+Added: Knott County Coal LLC
+Added: McCoy Elkhorn Coal LLC
Located primarily within Pike County, Kentucky, McCoy Elkhorn is currently comprised of three mines in “idle” status (Mine #15 and the Carnegie 1 and Carnegie 2 Mines), two coal preparation facilities (Bevins #1 and Bevins #2), and other mines and permits in various stages of development or reclamation.
122 unchanged sentences
Approximate coal deposits owned and leased are 0 tons and 58,100,000 tons.
+Added: Perry mine produced approximately 5,443 tons and sold at an average of $284 per tons in the year ended December 31, 2023.
The current leases contain minimum annual payments of $12,000 and production royalty payments ranging from 6% to 7% of gross sales price.
346 unchanged sentences
Unresolved Staff Comments.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.