Ramaco Gets Grant to Create Higher-Value Use for Coal

Sheridan-based Ramaco Carbon is the prime recipient of over $1 million in federal funding to develop an emissions-free process to produce carbon fiber using coal.

The company will work with TerraPower, a nuclear innovation company in Bellevue, Washington, to develop the process.

According to Randall Atkins, Ramaco Carbon CEO, the process could result in significant environmental benefits. He said the prime environmental benefit of the project is to develop higher-value uses for coal, beyond its use in power plants. Atkins said Ramaco operates under a simple mantra – “Coal is too valuable to burn.”

Ramaco combines coal resources with advanced research and modern manufacturing techniques to develop new advanced products from coal. The company is the lead recipient or sub-recipient on a number of Department of Energy grants.

Ramaco focuses on three broad areas – coal to chemicals, coal to carbon fiber and coal to building products.

TerraPower is committed to bringing sustainable, affordable and safe energy to address global issues. Since 2015, TerraPower has been developing processes to use the heat from nuclear reactors to improve chemical and industrial processes that are currently dependent on fossil fuels.

SheridanWyoming.com

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