Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) ( Energy Fuels or the Company ) is pleased to announce that the U.S. Department of Energy (
DOE ) Office of Fossil Energy and National Energy Technology Laboratory has exercised their option to award Energy Fuels, working with a team from Penn State University, an additional $1.75 million to complete a feasibility study (
Feasibility Study ) on the production of rare earth element (
REE ) products from natural coal-based resources, as well as from other materials such as REE-containing ores like the natural monazite ore (
Monazite ) the Company is currently processing at its White Mesa Mill in Utah.
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This shows a recognition that, while technological innovation alone will not solve climate change, it plays a critical role in improving the costs and performance of essential climate technologies like wind turbines and electric vehicles, allowing the United States to more rapidly reduce greenhouse gases, eliminate health-harming pollution and create jobs in emerging energy sectors. Innovation is also essential for developing and commercializing the next generation of clean energy tools such as clean hydrogen and carbon removal that we need to reach net-zero emissions in the U.S. no later than 2050.
Energy Fuels and Team from Penn State University Awarded Additional $1 75 Million by U S Department of Energy for Rare Earth Feasibility Study prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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ALBANY, N.Y., April 20, 2021 /PRNewswire/ In a bid to reduce the cost associated with treating and reusing produced water, Office of Fossil Energy, of the U.S. Department of Energy funds several new R&D initiatives and continues to collaborate with industry, state governments, universities, and federal and non-federal agencies. Earlier, for such initiatives, the Department of Energy invested nearly US$100 million for produced water projects, with another aim to transform produced water from being a waste to a resource.
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The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) has announced US$6 million in Federal funding for cost-shared research and development (R&D) projects under the funding opportunity announcement (FOA) DE-FOA-0002405,
Advanced Coal Waste Processing: Production of Coal-Enhanced Filaments or Resins for Advanced Manufacturing and Research and Development of Coal-Derived Graphite.
In a shifting energy generation paradigm, innovation is needed to extract the full economic value from coal waste. The Advanced Coal Processing programme at NETL seeks to address this challenge by supporting novel technologies to produce valuable products from coal waste-derived sources through laboratory- and pilot-scale R&D.