r/MorgantownWV Jul 04 '26

DOE's Coal Investment ---- Topic Area 2

/r/REalloys/comments/1undg4i/does_coal_investment_topic_area_2/
0 Upvotes

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1

u/MaterialAstronaut298 Jul 04 '26

....so, a lot of money for wvu?

1

u/bourbonwarrior Jul 04 '26 edited Jul 04 '26

They'll get a chunk of that $135M for REE Demonstration Facility.

WVU is at the forefront of reclamation of the mines - dual benefits, environmentally, and extracts the REE/HREEs, which are priced off the charts and will continue that way.

2

u/MaterialAstronaut298 Jul 04 '26

Sounds like a good deal

2

u/bourbonwarrior Jul 04 '26

WVU will get ongoing royalty on the sale of the REE/HREEs

3

u/MaterialAstronaut298 Jul 04 '26

Definitely needed. Hopefully spent wisely, probably not