ADVANCED ENERGY

Advanced energy, nuclear innovation and critical minerals in Utah

Energy is both an industry and the foundation beneath every other advanced sector. Utah’s energy future spans geothermal, nuclear, grid modernization, advanced materials, critical minerals and technologies that use water and land more efficiently. This hub follows the research, investment, infrastructure and policy decisions shaping reliable and commercially competitive energy systems.

FROM THE SIGNAL

Recent developments

CRITICAL MINERALS · RURAL ECONOMY

Federal financing moves Milford Mining toward meaningful production scale

On September 9, USDA awarded a $25 million loan guarantee supporting Milford Mining’s copper mining and processing operation in Beaver County. USDA expects the investment to generate approximately 100 jobs. The financing comes through its Business and Industry Guaranteed Loan Program in partnership with Magnolia Bank.

Issue 06 · September 7–13, 2026Read the analysis

ENERGY · AI INFRASTRUCTURE

Fervo signs a landmark geothermal agreement with Google

Fervo Energy signed a 396-megawatt power purchase agreement with Google for electricity from Cape Station in southwest Utah. Google also has an option to add approximately 600 megawatts, potentially bringing its total purchase to nearly one gigawatt by June 2030.

Issue 05 · August 31–September 6, 2026Read the analysis

ADVANCED MATERIALS · WATER

Terraphene gains investment and major commercial validation

The Nucleus Fund announced an investment in Provo-based Terraphene, which is developing hemp-based alternatives to wood, plastic, concrete and other materials. The company reports a supply agreement valued at approximately $900 million for molded, fastener-free pallets.

Issue 05 · August 31–September 6, 2026Read the analysis

CRITICAL MINERALS · INFRASTRUCTURE

Utah approves a major incentive for A1 Lithium’s Green River project

The Utah Inland Port Authority approved a business incentive of up to $193.996 million to support A1 Lithium’s planned Green River lithium project. The incentive is structured as a rebate of up to 50% of incremental property-tax revenue over 25 years after operations begin, not an upfront grant.

Issue 05 · August 31–September 6, 2026Read the analysis

CRITICAL MINERALS · FEDERAL

Nusano is selected for a federal critical-materials project

The U.S. Department of Energy selected West Valley City-based Nusano as one of nine companies entering award negotiations for projects to recover critical minerals and other valuable materials from industrial feedstocks. The nine selections total $162 million, but individual awards are not final.

Issue 03 · August 17–23, 2026Read the analysis

WHAT THE UTAH SIGNAL TRACKS

Utah energy news · Utah advanced energy · Utah nuclear energy · Utah geothermal · Utah critical minerals · energy commercialization · Utah energy innovation