July 6, 2026 - CONSOL Innovations LLC, a subsidiary of Core Natural Resources, has been selected for a multi-million-dollar grant awarded by the U.S. Department of Energy's (DOE) Office of Critical Minerals and Energy Innovation. This award, which is being made under DOE's funding opportunity titled "Mines & Metals Capacity Expansion – Piloting Byproduct Critical Minerals and Materials Recovery at Domestic Industrial Facilities," is contingent on the company's completion of the negotiation process with DOE, and the official amount of the grant award will be known at that time.

The company plans to use the funding, once awarded, to develop a pilot-scale facility for the extraction of rare earth elements and critical materials from coal waste tailings sourced from Core's Pennsylvania Mining Complex.

"We applaud the Trump Administration for its great leadership and support in seeking to unlock the full potential of America's coal resources, and we look forward to partnering with the Department of Energy as we take the next steps in exploring rare earth element and critical mineral extraction at our operations," said Jimmy Brock, Core's chairman and CEO. "We hope our efforts will show that coal continues to be a necessary material for our daily lives now and into the future."

"Our Innovations team is excited to take another important step toward understanding the opportunities for critical materials recovery from our mining byproducts, and we look forward to further increasing coal's value proposition through this project," said Dan Connell, President of Core's Innovations business unit.

This announcement from the DOE highlights Core's ability to continuously develop new and advanced ways of unlocking more of the coal value chain, while supporting key areas of national strategic importance. It follows an announcement from earlier this year, in which Northrop Grumman identified Core's Touchstone Advanced Composites group as a key tooling and components supplier for the company's YFQ-48A Talon Blue Collaborative Combat Aircraft.

For more information about CONSOL Innovations, please visit https://corenaturalresources.com/sustainability/consol-innovations/.