Navajo Transitional Energy Company
Navajo Transitional Energy Company (NTEC) is a conscientious energy firm based in Farmington, New Mexico, established in 2013. The company operates a coal mine that focuses on serving power markets by extracting coal through safe, efficient, and technology-driven methods. NTEC aims to provide energy at a low cost, leveraging its strategic and diversified assets to ensure financial strength. The company is dedicated to serving the Navajo people, its employees, and the broader community, drawing upon its rich energy legacy to guide its operations and investments.
USA Rare Earth LLC is engaged in the exploration and processing of critical minerals, specializing in rare earth elements, lithium, high-tech metals, uranium, and beryllium. Founded in 2019 and based in New York, the company operates the Round Top Heavy Rare Earth, Lithium and Critical Minerals Project, in which it holds an 80% interest. The Round Top project is notable for its diverse array of heavy rare earth elements and is anticipated to be among the lowest-cost producers of rare earths and lithium globally. By supplying these essential materials, USA Rare Earth aims to support industries such as defense and consumer electronics, contributing to advancements in energy, mobility, and national security.
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