# American Metals LLC to combine with AI Transportation Acquisition Corp

American Metals LLC, a subsidiary of American Resources Corporation, announced a proposed business combination with AI Transportation Acquisition Corp valued at $170 million. The combined company will be listed on Nasdaq as Electrified Materials Corporation.

- Type: Acquisition
- Announced: 2025-02-03
- Where: United States
- Value: $170.0M
- Status: announced
- Products: recycled metals, critical metals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [American Metals Group](https://endata.com/companies/23400.md)
- [AI Transportation Acquisition Corp](https://endata.com/companies/78339.md) (partner)
- [American Resources Corporation](https://endata.com/companies/78340.md) (investor)

## Sources

- [allamericanmetals.com](https://allamericanmetals.com/american-metals-llc-announces-proposed-business-combination-agreement-with-ai-transportation-acquisition-corp-to-list-on-nasdaq/index.html), 2025-02-03: "This business combination agreement is a transformative step for American Metals LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.