v3.26.1
Nature of Business
6 Months Ended
Jun. 30, 2026
Nature of Business [Abstract]  
Nature of Business
1. Nature of Business

 

American Clean Resources Group, Inc. (“we,” “us,” “our,” “ACRG” or the “Company”) is an exploration stage company, incorporated in Nevada. The Company’s primary business plan is to purchase equipment and build a facility on its Tonopah property to serve as a permitted custom processing toll milling facility while it explores new technologies that allow greater effectiveness in achieving industry sustainability goals, including an analytical lab, pyrometallurgical plant, and hydrometallurgical recovery plant. The Company is required to obtain several permits before it can begin construction of the planned facility.

 

Effective January 1, 2026, the Company, through its wholly owned subsidiary ACRG Energy Holdings, Inc. (“ACRG Energy Holdings”), and Phoenix New Era, LLC (“Phoenix”) formed American Clean Energy, LLC (“ACE”), a Nevada limited liability company organized to pursue clean-energy and processing-related business opportunities. As of June 30, 2026, ACRG Energy Holdings held a 100% vested controlling membership interest in ACE and Phoenix held a 0% vested interest. Accordingly, ACE is consolidated as a wholly-controlled subsidiary under ASC 810 with no noncontrolling interest recognized (see Note 2 – Principles of Consolidation and Note 7 – American Clean Energy, LLC).