REX American Resources reported a significant increase in net income for the first quarter of 2026, driven largely by the recognition of tax credits under the Inflation Reduction Act. The company is utilizing 45Q and 45Z credits to boost profitability while navigating volatile ethanol prices. Beyond the financials, REX is advancing its carbon sequestration efforts as part of a 230 million dollar capital program. This includes the expansion of the One Earth facility to 175 million gallons, signaling a strategic shift toward integrating carbon capture into their industrial operations.
