Source: IACMI / DOE | News Article / Release | May 6, 2021
The U.S. Department of Energy (DOE) has awarded IACMI $1.5 million to develop and deploy new technologies for manufacturing critical minerals and valuable non-fuel, carbon-based products from coal resources in the South Appalachian Basin of east Tennessee, northwest Georgia and northern Alabama.
DOE announced these efforts will revitalize distressed South Appalachian coal communities, reduce reliance on foreign imports, and create advanced manufacturing jobs producing coal-derived products in new ways that do not emit carbon dioxide from coal-fired power generation.
Production of rare earth elements and critical minerals, which serve as key components to several clean energy applications such batteries in electric and conventional vehicles and magnets in wind turbines, is a prime example of how DOE is supporting regional economic growth and job creation in regions traditionally home to the fossil fuel industry.
The two-year IACMI grant is part of 13 projects totaling $19 million announced by DOE. Read DOE’s announcement here. Managed by the Collaborative Composite Solutions Corporation, IACMI will share more details about the project soon.