2 Companies to Watch in Kentucky
Nestled at the foothills of the Appalachian Mountains, the small town of Berea, Kentucky is breaking ground to something big. A transformation away from traditional farming is taking place. Berea just announced the ground breaking of a 15 acre high-tech greenhouse, the third of its kind from this Kentucky-based company.
Deep within the Appalachian Mountains, a mining company has created a rare metals subsidiary. Shifting their focus away from coal, and towards a variety of minerals, including Lithium and Cobalt, used in the Electric Vehicles, magnets and other technologies.
1. AppHarvest ($NOVS)
The Triple Crown
1. World's largest greenhouse 70 acres.
2. A day drive to 70% of the US population
3. 2nd greenhouse - 60 Acres
The High Tech farming company IPO'd early October.
Talk show host and cooking guru, Martha Stewart, is on the board.
AppHarvest has raised half a BILLION dollars
This High-Tech farming company has EV-News.com invested.
Although not an EV industry company, it is a great way to diversify a portfolio.
Editor-In-Chief, Alan Dowden, is intrigued about alternative tech and healthy lifestyles.
*(More about Alan Dowden below)*
2. American Resource Corporation
American Rare Earth ($AREC)
American Resource Corporation has a new rare earth subsidiary.
Will focus on rare minerals lithium & cobalt.
Works with the University of Kentucky.
Currently @ $1.49 per share
Recently had a direct offering of 5.2Million shares @ $2.50
EV-News.com had 1,000 Shares @ $2.46
the morning they announced the rare earths subsidiary.
96% in one hour!
Today price at $1.49 requires attention.
$AREC is a magnet & core battery company.
Will use environmentally friendly methods of extraction.
Big part of the Electric Vehicle future.
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