Ramaco Resources, Inc. rose 2.28% in premarket trading, driven by a collaborative effort between NETL, Ramaco Resources, and Weir International to revolutionize the way critical minerals, including rare earth elements, are located and recovered. The project, funded by the U.S. Department of Energy's Office of Technology Transitions' Technology Commercialization Fund, aims to accelerate the commercial application of a NETL-developed technology capable of rapidly pinpointing these vital resources within secondary and unconventional sources, such as coal refuse piles.
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