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Ramaco - 4 Randall Atkins - 3 REEs - 2 Atkins - 2 CNBC's Kelly Evans - 1 Ramaco's Randall Atkins Randall Atkins - 1 CNBC's - 1 It's - 1
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☆ Rare earth discoveries mean coal mines could have a key role to play in the energy transition
  + stars: | 2023-11-24 | by ( Anmar Frangoul | ) www.cnbc.com   time to read: +5 min
Boy_anupong | Moment | Getty ImagesFrom Pennsylvania to the north of England, coal mines helped to power the Industrial Revolution, turbocharging the economic growth of countries around the world. SubscribeIn May, U.S. firm Ramaco Resources offered some insight into how coal may have a role to play in the years ahead. "It is expected they can be mined using normal surface mining techniques and processed in a more economic and environmental manner than conventional REE mines." Elsewhere, researchers at Penn State have also been focusing on ways to source rare earths and critical minerals via waste from coal mines. Across the Atlantic, efforts to repurpose old coal mines so that they can be used for many more years to come have also been taking shape.
Persons: Ramaco, REEs, CNBC's Kelly Evans, Randall Atkins Organizations: Greenpeace, UN, International Energy Agency, CNBC, Ramaco Resources, Weir International, U.S . Department of Energy's National Energy Technology Laboratory, China, West Virginia University, U.S . Department of Energy, Penn State, Geothermal Engineering Limited Locations: Pennsylvania, England, U.S, REE, Wyoming, United States, China, Scotland
☆ Coal might be a solution to the rare-earths problem in the U.S., says Ramaco's Randall Atkins
  + stars: | 2023-11-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoal might be a solution to the rare-earths problem in the U.S., says Ramaco's Randall AtkinsRandall Atkins, Ramaco chairman and CEO, joins 'The Exchange' to discuss a rare-earths discovery, what this discovery means for the U.S., and more.
Persons: Ramaco's Randall Atkins Randall Atkins, Ramaco Locations: U.S
☆ Rare earth finds could help revive coal industry, says CEO who just made a discovery worth billions
  + stars: | 2023-11-13 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +4 min
To put that in perspective, the U.S. consumed about 10,000 tons of rare earth elements annually over the past decade. Rare earths are used in advanced military technology, electric vehicles and other applications. Potential boon Atkins told CNBC on Monday that it is logical to think rare earths could be sitting undiscovered elsewhere in the U.S. "This might be something that will kind of awaken the thought that there might be different uses for coal," Atkins said. Ramaco last month started developing the Brook Mine, the first new rare earth mine in the U.S. since Mountain Pass Rare Earth Mine opened in California in 1952.
Persons: Randall Atkins, Atkins, CNBC's, It's, Ramaco Organizations: Ramaco, International, CNBC, Energy Information Agency, Exports Locations: Ramaco Resources, Wyoming, United States, Sheridan, U.S, California, China, Hamilton, Washington, Europe, Moscow, Ukraine
☆ A Wall Street banker bought a coal mine sight unseen that could contain $37 billion worth of rare earth minerals
  + stars: | 2023-11-10 | by ( Jenny Mcgrath | ) www.businessinsider.com   time to read: +4 min
Over a decade ago, a Wall Street banker bought a coal mine to sell coal. Turns out, the mine contains rare earth elements that could be worth tens of billions of dollars. AdvertisementAdvertisementIn 2011, Randall Atkins, a former Wall Street banker, bought a mine outside of Sheridan, Wyoming, sight unseen, The Wall Street Journal reported. In May, Ramaco announced that Atkins' Brook Mine contains one of the largest unconventional deposits of rare earth elements in the US. Early this year, the White House announced it plans to invest $32 million in domestic rare earth and other mineral projects.
Persons: —, Randall Atkins, Atkins, Ramaco, REE, REEs, David Becker, Patty Webber, They're, haven't, Shannon Anderson Organizations: Wall Street, Service, Street Journal, Casper Star, Tribune, DOE's National Energy Technology Laboratory, International, Inc, Resources, Reuters, Geological Survey, Wyoming Public, Defense Department, White House, Sheridan Press Locations: Sheridan , Wyoming, Atkins, Wyoming, China
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