NETL

Fundamental Income Increases Monthly Cash Dividend for the Net Lease Corporate Real Estate ETF by 5.26%

Retrieved on: 
Tuesday, February 27, 2024

Fundamental Income , a Phoenix-based net lease real estate platform, announced today its Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) will increase the fixed monthly dividend to $0.10 from $0.095, representing a 5.26% increase from its current level and NETL’s second dividend increase in 26 months.

Key Points: 
  • Fundamental Income , a Phoenix-based net lease real estate platform, announced today its Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) will increase the fixed monthly dividend to $0.10 from $0.095, representing a 5.26% increase from its current level and NETL’s second dividend increase in 26 months.
  • The increased dividend will be payable on February 28, 2024 to shareholders of record as of February 27, 2024.
  • The February dividend represents the fund’s 34th consecutive monthly dividend after converting from quarterly dividends, and its 43rd consecutive dividend since inception and listing on the NYSE Arca in March 2019.
  • “Investing in Net Lease REITs is essentially investing in asset-backed, corporate credit,” said Alexi Panagiotakopoulos, Fundamental Income’s Chief Investment Officer.

Ramaco Hires Director of Critical Minerals and Planning to Oversee Company's Rare Earth Element Development

Retrieved on: 
Monday, January 22, 2024

SHERIDAN, Wyo., Jan. 22, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Alex Moyes as director of Critical Minerals and Planning to oversee the company's expanding rare earth element (REEs) operations.

Key Points: 
  • Dr. Alex Moyes brings unique experience in rare earth mining, geoscience, operations management, and data-driven production
    SHERIDAN, Wyo., Jan. 22, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Alex Moyes as director of Critical Minerals and Planning to oversee the company's expanding rare earth element (REEs) operations.
  • Initial findings have determined that the Brook Mine deposit contains levels of high concentrations of heavy and medium magnetic REEs.
  • An interim update to Weir's May 2023 technical report on the rare earth exploration target will be released in the near future.
  • His doctoral dissertation involved the economic analysis of in-situ mining of rare earths in Wyoming.

Projeo Corporation Awarded $38M from U.S. Department of Energy for CarbonSAFE Carbon Storage Demonstration

Retrieved on: 
Monday, November 20, 2023

Today Projeo Corporation , a subsidiary of GTI International, announced it has been awarded over $38 million in U.S. Department of Energy (DOE) funding to support the development of new carbon storage demonstrations.

Key Points: 
  • Today Projeo Corporation , a subsidiary of GTI International, announced it has been awarded over $38 million in U.S. Department of Energy (DOE) funding to support the development of new carbon storage demonstrations.
  • Projeo’s Phoenix Project will support the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative , managed by DOE’s Office of Fossil Energy and Carbon Management (FECM).
  • The Phoenix Project is one of seven recipients selected for CarbonSAFE Phase III: Site Characterization and Permitting.
  • “We are honored that the U.S. Department of Energy has selected Projeo for funding to help expand the United States’ carbon storage infrastructure,” said Nick Malkewicz, President of Projeo.

Ramaco Resources Acquires Commercial Development Rights for Revolutionary Coal-to-Products Process

Retrieved on: 
Wednesday, November 1, 2023

Following years of collaborative work, Ramaco Resources Inc. formally acquired a patent from the U.S. Department of Energy’s leading research institution, the National Energy Technology Laboratory (NETL), for the commercial development of a revolutionary coal-to-products technology.

Key Points: 
  • Following years of collaborative work, Ramaco Resources Inc. formally acquired a patent from the U.S. Department of Energy’s leading research institution, the National Energy Technology Laboratory (NETL), for the commercial development of a revolutionary coal-to-products technology.
  • The process converts coal and coal-related mining waste into high-quality, affordable carbon nanosheets, also known as graphene.
  • In June 2018, NETL and Ramaco signed a cooperative research and development agreement to discover new uses for coal.
  • NETL researchers have also collaborated with Ramaco to take advantage of coal-derived carbon nanosheets to improve the performance of cement composites.

Appalachian Regional Clean Hydrogen (ARCH2) Selected by the Department of Energy (DOE) to Develop Multi-State Clean Hydrogen Hub

Retrieved on: 
Friday, October 13, 2023

Battelle announced today that following a highly competitive evaluation process, the Appalachian Regional Clean Hydrogen Hub (ARCH2) consortium was selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to enter the award negotiation phase to establish a clean hydrogen hub (H2Hub) in Appalachia.

Key Points: 
  • Battelle announced today that following a highly competitive evaluation process, the Appalachian Regional Clean Hydrogen Hub (ARCH2) consortium was selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to enter the award negotiation phase to establish a clean hydrogen hub (H2Hub) in Appalachia.
  • The H2Hubs will kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen.
  • Concentrated in Appalachian counties across West Virginia, Ohio, Kentucky, and Pennsylvania, ARCH2 will leverage diverse regional resources to build a safe, sustainable clean hydrogen hub that can scale and integrate into a national clean H2 network.
  • “I am so honored to announce that today the U.S. Department of Energy has selected the Appalachian Regional Clean Hydrogen Hub for up to $925 million in federal support under the Bipartisan Infrastructure Law,” said Senator Joe Manchin (D – WV).

NETL Collaborates with U. S. Steel to Capture Greenhouse Gas at Edgar Thomson Plant

Retrieved on: 
Wednesday, September 20, 2023

S. Steel” or the “Company”) (NYSE: X) plan to test an advanced membrane technology to capture carbon dioxide (CO2) emissions generated by steelmaking operations at the Company’s Edgar Thomson Plant, located in Braddock, Pennsylvania.

Key Points: 
  • S. Steel” or the “Company”) (NYSE: X) plan to test an advanced membrane technology to capture carbon dioxide (CO2) emissions generated by steelmaking operations at the Company’s Edgar Thomson Plant, located in Braddock, Pennsylvania.
  • “This is an opportunity to play a role in shaping the future of greenhouse gas reduction for the entire steel industry.
  • Currently, the design of the test unit to conduct gas separation measurements on the membrane is underway at NETL.
  • The unit is scheduled to be installed at the Edgar Thomson Plant, part of the U. S. Steel Mon Valley Works, in early 2025.

Ramaco Resources Announces Substantial Expansion of Brook Mine Rare Earth Elements Exploration Target, Board Approval for Initial Mining in Q4 2023, and new Carbon Product Technologies

Retrieved on: 
Monday, August 7, 2023

Furthermore, the Company announced that its Board of Directors has approved the commencement of initial mine development to begin this Fall.

Key Points: 
  • Furthermore, the Company announced that its Board of Directors has approved the commencement of initial mine development to begin this Fall.
  • These technologies were developed as part of a multi-year research partnership, and are subject to issued and pending patents.
  • BROOK MINE RARE EARTH ELEMENT UPDATE: INITIAL MINING TO BEGIN IN Q4 2023
    Ramaco's Board of Directors late last month approved commencing rare earth and coal mining development at its Brook Mine in the fourth quarter of 2023.
  • Ramaco anticipates spending roughly $2.5 million over two quarters for initial development for both rare earth and carbon ore/coal mining.

National Researchers, Political Leaders Discuss the Role of Coal and Carbon in Energy Transition at 2023 Ramaco Research Rodeo

Retrieved on: 
Monday, July 17, 2023

For the third year, Wyoming played host this past week to the world’s leading research conference focused on carbon and coal-to-products research, the Ramaco Research Rodeo (R3).

Key Points: 
  • For the third year, Wyoming played host this past week to the world’s leading research conference focused on carbon and coal-to-products research, the Ramaco Research Rodeo (R3).
  • Held at Sheridan College, the event’s theme was “Coal’s Role in the Future of Energy Transition” and featured keynote addresses by U.S. Sen. John Barrasso (Wyoming), U.S. Sen. Joe Manchin (West Virginia), and senior leaders from both the Department of Energy and major national laboratories.
  • “I’m so proud of the work that the people of Wyoming are doing to develop coal-to-product technologies,” said Barrasso.
  • Initial $50,000 funding for the Ramaco CORE Scholarship will be comprised of two annual contributions of $25,000 to the college.

QSAM Biosciences Adds the Nuclear Reactor at the University of Texas at Austin to its Radioisotope Production Supply Chain for its Bone Cancer Treatment Drug Candidate, CycloSam®

Retrieved on: 
Wednesday, June 14, 2023

QSAM is actively enrolling patients with metastatic bone cancer in a Phase I clinical trial across four clinical research centers in the United States.

Key Points: 
  • QSAM is actively enrolling patients with metastatic bone cancer in a Phase I clinical trial across four clinical research centers in the United States.
  • “We have established a robust vetting and testing process to evaluate nuclear reactors to include in our supply chain.
  • NETL houses a 1.1-MW nuclear research reactor that is the newest research reactor in the US.
  • The addition of qualified nuclear reactors is expected to support QSAM’s clinical research and future commercial supply of Sm-153 if approved by the FDA.

Fundamental Income’s Net Lease Real Estate ETF (NETL) Earns 5-Star Overall Rating from Morningstar

Retrieved on: 
Wednesday, May 10, 2023

Fundamental Income, a Phoenix-based ETF provider and private real estate platform, announced its Net Lease Real Estate ETF (NYSE: NETL) was awarded a 5-star overall rating from Morningstar based on risk-adjusted returns of 233 Real Estate funds as of 3/31/23.

Key Points: 
  • Fundamental Income, a Phoenix-based ETF provider and private real estate platform, announced its Net Lease Real Estate ETF (NYSE: NETL) was awarded a 5-star overall rating from Morningstar based on risk-adjusted returns of 233 Real Estate funds as of 3/31/23.
  • NETL ranked 7th among 233 funds for the 3-year period and 7th among 257 funds for the 1-year period in the Real Estate category as of 3/31/23.
  • “We are pleased to see the net lease real estate sector produce strong risk-adjusted returns for investors over the past three years,” said Alexi Panagiotakopoulos, Chief Investment Officer of Fundamental Income.
  • The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.