DOE Secretary Perry and Congressman Barletta Visit Texas Mineral Resources Rare Earths-from-Coal Project

Rare Earth Investing

Texas Mineral Resources (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce the Company hosted a visit from Department of Energy Secretary Rick Perry and Congressman Lou Barletta (R-PA) to the site of the Company’s DoE-funded rare earth project at the …

Texas Mineral Resources (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce the Company hosted a visit from Department of Energy Secretary Rick Perry and Congressman Lou Barletta (R-PA) to the site of the Company’s DoE-funded rare earth project at the Jeddo Coal Company in eastern Pennsylvania.
TMRC is part of a team that includes Inventure Renewables, K-Technologies Inc. and Penn State University. The project is funded by Phase I of a two-phase DoE grant program totaling $20 million. Work on the project commenced in early September after funding was formalized with a contract signing with the DoE.
Speaking to media at the site, Secretary Perry said:

“The rare metal extraction process creates ‘staggeringly important’ opportunities for the industry and country. I don’t think we can overstate how important the development of rare earth minerals out of our anthracite coal and the potential that it is going to have.”

TMRC CEO Dan Gorski walked Secretary Perry and Congressman Barletta around the perimeter of the work site, where critical rare earths, including scandium, will be reclaimed from coal overburden in a pit that was mined from the early 1900’s through the 1960’s, well before the modern technology applications of rare earths were known.
Click here to read the full text release. 

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