White Coal
3 years ago
-Effort to transform Powder River Basin into nation's Carbon Valley on at all levels-
A push to develop the PRB and its 25 billion tons of available coal to spark a new carbon economy for northeast Wyoming aims to evolve the region into the Carbon Valley. Like what California’s Silicon Valley has achieved to become the world’s leading hub of computer and technology development, local, state and federal officials are banking on the Carbon Valley to advance new carbon industries that go well beyond just burning coal.
One company on the leading edge of creating this new Carbon Valley is Ramaco Carbon, a private endeavor near Sheridan that has built a combination research/incubator facilities that can take coal and turn it into valuable carbon products.
The iCAM is expected to come online within the next few weeks, Atkins said, adding that he anticipates it will be a model for other Carbon Valley-motivated efforts.
The carbon from the same Powder River Basin coal that now sells for about $12 a ton can potentially be translated into a value of $100 million a ton, he said.
https://www.wyomingnews.com/rocketminer/news/state/effort-on-at-all-levels-to-transform-powder-river-basin-into-nations-carbon-valley/article_e6e8b024-dfc3-59fd-aa90-416121c98032.html
White Coal
4 years ago
-Barrasso Coal, Uranium Legislation Headed To President’s Desk-
“Wyoming energy scored two big wins today. Bipartisan legislation to promote new and innovative ways to use coal and help boost Wyoming’s uranium production is headed to the president’s desk..
..On Dec. 12, 2019, Barrasso along with Senators Shelley Moore Capito (R-WV) and Joe Manchin (D-WV) introduced S. 3047, the Creating Opportunities And Leveraging Technologies for Coal Carbon Act, or COAL TeCC Act, to advance research and promote coal-derived carbon products. Some of these coal products include carbon fiber, graphite and carbon foam. The FY21 Omnibus contains key language contained in the COAL TeCC Act. The bill directs DOE to establish a 2-year pilot program, one in each of the two major coal producing regions of the United States. The pilot programs are meant to help coal-derived carbon products reach the commercialization phase.”
https://www.wyomingnewsnow.tv/2020/12/22/barrasso-coal-uranium-legislation-headed-to-presidents-desk/
White Coal
5 years ago
SHERIDAN-BASED CARBON TECH FIRM PARTNERS WITH DOE LAB ON COAL-CONVERSION PROJECTS
CASPER, Wyo — Carbon technology firm Ramaco Carbon, based in Sheridan, Wy, today announced it has entered into a partnership with Oak Ridge National Laboratory (ORNL), the nation’s largest U.S. Department of Energy (DOE) science and energy laboratory, to explore innovations for the conversion of coal to high-value advanced carbon products and materials.
https://oilcity.news/community/2020/06/02/sheridan-based-carbon-tech-firm-partners-with-doe-lab-on-coal-conversion-projects/
RandyKCMO
5 years ago
I'm not familiar with that technology. From my cursory study, Ramaco and American Resource Corp are basically mining companies that specialize in metallurgical coal. I know they are both focused on Met Coal A and B, and PCI.
From the financials, it's clear that METC is further along in their marketing and business plan as their average price (selling) per ton was over $110 per ton, while AREC still had a mixture of regular coal and their average was less-- in the $80s to $90s (not certain without looking it up).
All FWIW.
Is CCTI a public company? I couldn't see bid/ask. From your description, maybe the acronym is CCTC?
https://www.cleancoaltechnologiesinc.com/about-us/overview/
RandyKCMO
6 years ago
METC has a little sister... AREC.
Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO
February 06, 2019, 08:20:00 AM EDT
American Resources, a Kentucky-based producer of metallurgical coal, filed on Wednesday with the SEC to raise up to $9 million in an initial public offering on the Nasdaq. The company is currently listed on the OTC Pink under the symbol AREC.
The Fishers, IN-based company was founded in 2013 and plans to list on the Nasdaq under the symbol AREC. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Micro-cap coal producer American Resources files for a $9 million Nasdaq IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.
https://www.nasdaq.com/article/micro-cap-coal-producer-american-resources-files-for-a-9-million-nasdaq-ipo-cm1094243
IHUB Board: https://investorshub.advfn.com/boards/board.aspx?board_id=35910