What Happened
US Department Of Energy Invests In Domestic Critical Minerals Production
The US Department of Energy has allocated $75 million to five projects aimed at extracting rare earth elements and other critical materials from coal and coal-based feedstocks. The initiative, announced by the DOE’s Office of Critical Minerals and Energy Innovation, supports pilot-scale facilities at industrial sites under the Mines & Metals Capacity Expansion initiative. The award recipients include the University of North Dakota, Valor Metals, CONSOL Innovations, American Resources Corporation, and Peabody Energy. This investment is part of a broader effort to strengthen the US coal sector and reduce reliance on foreign critical minerals, as reported by Mining.com.