American Clean Resources Group Enters JEDA for Elko Critical Mineral Hub

What Happened

• On July 16, 2026, American Clean Resources Group, Inc. (ACRG) announced it entered into a Joint Exploration and Development Agreement (the “Elko JEDA”) with TRG Holdings, LLC to explore and advance a critical mineral processing hub in Elko, Nevada (the “Elko CMPH”). The Elko JEDA focuses on recovering federally designated critical minerals from geothermal brine (no new hardrock mining) and is the northern Nevada counterpart to ACRG’s prior JEDA for the Millers Property in Esmeralda County.
• The Elko JEDA establishes a framework for joint exploration, technical evaluation, regulatory coordination and commercial scoping, but does not itself create an operating joint venture; any operating relationship would be set by a later definitive agreement.

Key Details

• Agreement date: July 16, 2026; filing reported on Form 8‑K on July 22, 2026.
• Parties: American Clean Resources Group, Inc. and TRG Holdings, LLC (TRG will conduct mineral activities through TRG or its designated mineral affiliates).
• Structure: The JEDA contemplates potential project‑level entities for development work but does not obligate either party to enter a definitive deal or to complete a transaction.
• Regulatory separation: The agreement is structured to keep TRG’s regulated utility operations (including Elko Heat Company) separate from the project’s mineral exploration, extraction, and processing activities.

Why It Matters

• For investors, this signals ACRG is expanding its partnerships and project pipeline in Nevada targeting critical minerals from geothermal brine — a potentially strategic source of battery and industrial minerals.
• The JEDA is an early, non‑binding step: it outlines joint work but leaves key outcomes (definitive agreements, financing, permitting, commercial recovery) unresolved and subject to further evaluation. Preliminary lab or pilot results, if referenced, are not reserves and do not guarantee commercial recovery.
• The filing includes standard forward‑looking statement disclosures; investors should watch for future definitive agreements, technical results, permitting progress, and any filings with further detail.