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Replies to post #25 on Ramaco Resources Inc (METC)
White Coal
07/09/21 2:13 PM
#26 RE: White Coal #25
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.
10/04/21 4:04 PM
#27 RE: White Coal #25