These elements and minerals are found in technological applications like electric cars and smartphones, and are considered essential to the economy. A half-million dollars in new federal funding will extend a project to find new sources for these minerals, including in Southwest Virginia.
Matt Busse
Matt Busse covers business for Cardinal News. He can be reached at matt@cardinalnews.org or (434) 849-1197.
Abingdon, Bluefield receive state grants for revitalization projects
The two towns in Southwest Virginia are among four localities to get more than $8.2 million combined from a state fund aimed at “breathing new life into dilapidated structures.”
Virginia Tech-led project fails to advance in NSF competition
Virginia Tech’s proposal involved advances in shipping logistics, freight and vehicle transportation across supply chains.
U.S. Supreme Court gives Mountain Valley Pipeline the OK to resume construction as 4th Circuit hears arguments
The Supreme Court’s decision Thursday to vacate stays of activity, which were issued earlier this month, came on the same day that attorneys appeared before appellate judges to debate whether environmental cases against the pipeline should be dismissed.
Mountain Valley Pipeline opponents ask U.S. Supreme Court to uphold construction stays
Tuesday’s court filings mean both proponents and opponents of the controversial natural gas pipeline have now made their voices heard to Chief Justice John Roberts. It’s not clear when he will next act on the case.
Danville bank firm agrees to acquisition by Richmond bank
If approved, the $417 million deal would create a combined company with nearly $24 billion in assets.
Lynchburg-based team prepares nuclear-focused tech hub proposal
With the potential for tens of millions of dollars at stake, a regional consortium hopes a new federal economic development program will boost the nuclear industry in the Hill City and Southwest Virginia.
Regional groups oppose adding flights at Reagan National Airport
Advocates say adding daily flights would improve access to Washington, D.C., while boosting employment and lowering ticket prices. Opponents say it would increase congestion and delays, worsening service for Virginia’s regional airports.
Cannabis manufacturer to open growing facility in Alleghany County
Chicago-based Green Thumb Industries’ newest production site will help boost supply in Virginia’s medical marijuana market — and could position the company for further success if retail pot becomes legal.
Federal court orders stay of Mountain Valley Pipeline construction activity
Environmentalists say Tuesday’s order, which follows another stay issued Monday, should halt all work on the 303-mile pipeline through Virginia and West Virginia. The principal company behind the project says it might appeal to the U.S. Supreme Court.

