Ramaco Receives Research Grant from DOE

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Ramaco Carbon LLC Chairman and CEO Randall Atkins (Photo Ron Richter ©)
Ramaco Carbon LLC Chairman and CEO Randall Atkins (Photo Ron Richter ©)

Ramaco Carbon, LLC, has announced that it has been selected to participate in an estimated $7 million grant by the U.S. Department of Energy, along with select research and strategic partners.

According to a news release from Ramaco Carbon, the grant was awarded under the DOE’s Vehicle Technologies program, and will support their research to develop low-cost carbon fiber components, using coal as the feedstock.

The research will be conducted at Ramaco’s Carbon Advanced Material Center, or “iCAM”, located near Sheridan. The research center is being developed in conjunction with Ramaco’s Brook Mine, which contains an estimated 1.1 billion tons of coal reserves and resource, and an adjoining industrial park, the “Wyoming iPark”.

The DOE grant will accelerate Ramaco’s efforts to utilize carbon derived from coal as the precursor for the manufacture of carbon fiber, and in turn carbon fiber’s use in other manufactured materials, such as car and airline components. Ramaco Chairman and CEO Randall Atkins said the research has far reaching implications for the coal, transportation and materials industries, and that they are honored to work with a world class research team on this endeavor.


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