U.S. DOE Awards Texas Mineral Resources Consortium Major Grant Targeting the Production of Saleable Rare Earth Minerals

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 that on June 9^th the Department of Energy’s (DOE) Office of Fossil Energy selected a Texas Mineral Resources consortium assembled by Texas Mineral Resources as one of only three projects to each receive a $1 million grant as part of a two-phase $23.75 million Funding Opportunity Announcement published in September 2016 (FOA-0001627): Production of Saleable Rare Earth Elements from Domestic U.S. Coal and Coal Byproducts.
Company CEO Dan Gorski commented:

“The DOE has spent the better part of seven months evaluating these competitive applications and we are honored to see our submission selected for this award. We believe that the technological strength and experience of our team goes a long way toward creating a positive result from this project.
This grant is a significant step forward toward establishing the first of these operations in the Appalachian region. I would also comment that the process development planned for this project and the experience we gain will also apply directly to our Round Top heavy rare earth deposit near El Paso, Texas.”

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