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TMRC consortium awarded second phase of DOE contract targeting production of mixed rare earth oxides from PA coal waste

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Texas Mineral Resources Corp. TMRC’s project partners include Penn State, Jeddo Coal Company and McCarl’s. This is the fourth US Government award relating to the production of rare earth minerals in which Texas Mineral Resources has participated. The award value is approximately $1.1

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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SK Inc. Materials initiates blue ammonia business with offtake agreement with ExxonMobil

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Materials to pursue the offtake of blue ammonia from ExxonMobil’s planned low-carbon hydrogen project at its integrated complex in Baytown, Texas. The company says that blue ammonia will replace conventional coal as a main fuel and accelerate energy transition with less carbon footprint and cleaner power.

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DOE awards $1.95M for conceptual designs that extract critical minerals and rare earth elements from coal sources

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million in federal funding to develop conceptual designs of commercially viable technologies that will extract rare earth elements (REEs) from US coal and coal by-product sources. Texas Mineral Resources Corp (Sierra Blanca, TX). Each project will receive up to $150,000 in DOE funding. Energy Fuels Resources (Lakewood, CO).

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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EIA expects significant increases in US wholesale electricity prices this summer

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EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. In past years, the electric power sector has substituted natural gas-fired generation with coal-fired generation when natural gas prices have risen.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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San Juan River-Raton-Black Mesa Basin (Arizona, Colorado and New Mexico): New Mexico Institute of Mining and Technology plans to determine the rare earth elements and critical minerals resource potential in coal and related stratigraphic units in the San Juan and Raton basins in New Mexico. DOE Funding: $1,499,997. DOE Funding: $1,483,787.