Welcome to our dedicated page for Ramaco Res news (Ticker: METC), a resource for investors and traders seeking the latest updates and insights on Ramaco Res stock.
Overview
Ramaco Resources Inc (symbol: METC) is a United States-based operator and developer specializing in high-quality, low-cost metallurgical coal as well as the exploration and development of rare earth elements and critical minerals. With operations deeply rooted in the Appalachian basin and an expanding presence in Wyoming, the company leverages its strategic geographic positioning to serve domestic blast furnace steel mills, coke plants, and international metallurgical coal consumers. Its portfolio includes key mining complexes and assets such as the Elk Creek, Berwind, Knox Creek, and Maben properties, which provide a reliable foundation for production excellence in a challenging industry.
Mining Operations and Portfolio
Ramaco Resources Inc operates multiple mining complexes across southern West Virginia and southwestern Virginia, ensuring a robust and diversified supply of high-quality metallurgical coal. The company’s assets have been developed with a focus on controlled mineral rights over expansive acreage, providing significant reserves and resource potential. This established portfolio not only supports domestic heavy industries but also enhances its ability to be a steadfast supplier in global markets. The company’s operations emphasize low-cost production methodologies, efficient extraction processes, and a commitment to operational rigor, which together create a resilient business model.
Exploration and Rare Earth Development
Beyond its coal production, Ramaco Resources Inc is actively advancing its capabilities in rare earth and critical mineral exploration. The Brook Mine project in Wyoming serves as a cornerstone for this initiative, where preliminary techno-economic assessments and independent testing have underscored the potential for developing a rare earth deposit with unique advantages. Unlike conventional deposits, the Brook Mine project is associated with soft, non-radioactive, carbonaceous ore, reducing complexities in extraction and providing an opportunity for lower capital and operational costs. The company’s integrated approach in leveraging its existing expertise in the coal sector while exploring advanced extraction techniques positions it as a forward-thinking entity in the materials space.
Research, Innovation, and Intellectual Property
Innovation is at the heart of Ramaco Resources Inc’s strategy. Contiguous to its operational mines, the company maintains a dedicated carbon research and pilot facility focused on the production of advanced carbon products and materials from coal. This facility supports a wide range of activities from coal-to-products research to developing prototypes for environmentally viable and high-performance carbon materials. In addition, Ramaco boasts a comprehensive portfolio of intellectual property, including patents, pending applications, licensing agreements, and trademarks that safeguard its technological advancements and enhance its competitive positioning in an evolving market.
Market Position and Strategic Value
The company’s business model is built upon operational efficiency, cost discipline, and technological innovation. By prioritizing low-cost production and targeting high-quality metallurgical coal outputs, Ramaco Resources Inc meets the demanding needs of blast furnace operations in the steel industry and coke plants both in the United States and abroad. Its expanding focus on rare earth elements and critical minerals further broadens its market scope, addressing contemporary demands for raw materials essential for advanced manufacturing, energy technologies, and national security applications. The company’s strategic initiatives, such as financial discipline and capital management, have reinforced its standing within the competitive landscape of natural resource extraction and advanced mineral development.
Operational Excellence and Industry Expertise
Ramaco Resources Inc exemplifies a commitment to operational excellence. Its mining operations are characterized by adaptive strategies that address geological, logistical, and labor challenges inherent to the mining industry. The firm’s leadership and experienced management team consistently implement best practices to optimize production and reduce costs, ensuring sustained performance even in a fluctuating commodity environment. This disciplined approach reinforces the company’s reputation as an expert in both traditional coal mining and emerging mineral technologies.
Conclusion
In summary, Ramaco Resources Inc is a multifaceted company that successfully integrates the long-standing fundamentals of metallurgical coal production with the forward-looking pursuit of rare earth and critical mineral development. The company’s operations in the Appalachian basin are complemented by its cutting-edge research facility and strategic rare earth projects in Wyoming, making it a comprehensive player in the energy and natural resources sector. Through a combination of operational efficiency, in-depth research, and robust intellectual property management, Ramaco Resources Inc continues to deliver value and operational insight while underpinning its leadership in a dynamic industry.
Ramaco Resources (NASDAQ: METC) has announced key changes to its executive leadership and Board of Directors. E. Forrest Jones, Jr., who has served as a board member since 2021, will become the company's new General Counsel effective May 1, 2025. Jones resigned from the Board on March 14, 2025, and was honored with the title of Director Emeritus.
Additionally, Evan H. Jenkins, who has served as General Counsel and Secretary since February 2024, has been elected to the Board and appointed as Vice-Chairman. Jenkins will step down as General Counsel when Jones assumes the role but will continue as Secretary. The Board maintains its structure with five independent and four non-independent directors.
Jones brings 37 years of experience as owner of Jones & Associates law firm, specializing in coal industry corporate and regulatory matters. Jenkins brings extensive public service experience, including roles as Chief Justice of the West Virginia Supreme Court and U.S. Congressman.
Ramaco Resources (NASDAQ: METC) has announced its second quarter fiscal year 2025 dividend for Class A common shares. The Board declared a quarterly dividend of $0.06875 per share, to be paid in Class B common stock on June 13, 2025, to shareholders of record as of May 30, 2025.
The payment will be calculated by dividing $0.06875 by the closing price of Class B stock on May 30, 2025. Any fractional shares will be paid in cash based on the closing price on the record date.
CEO Randall Atkins cited weak metallurgical coal market conditions as the reason for reducing the dividend and paying it in stock to maintain liquidity. Despite the reduction, the approximately 3% dividend yield remains the highest among publicly traded metallurgical coal peers. The company expects market weakness to persist for several months but anticipates potential strengthening in the second half of the year due to supply rationalization.
Ramaco Resources (NASDAQ: METC) has secured a $6.1 million matching grant from the Wyoming Energy Authority for its Wyoming CORE Brook Mine project. The funding will support the construction of a rare earth and critical minerals pilot processing facility near Sheridan, Wyoming.
The Brook Mine, spanning 16,000 acres, is positioned to become the first new rare earth mine in the United States since 1952. The U.S. Department of Energy's National Energy Technology Laboratory has identified it as one of the largest unconventional deposits of these elements globally.
The planned facility, scheduled to begin construction in Fall 2025, will be the first in the nation to utilize advanced technologies for converting carbon ores through beneficiation and hydrometallurgy to produce mixed rare earth oxides. The project aims to extract valuable rare earth elements (REE) and critical minerals from unconventional coal and carbonaceous ore deposits.
Ramaco Resources (NASDAQ: METC) reported its Q4 and full-year 2024 results, achieving its strongest quarter despite challenging market conditions. The company posted Q4 Adjusted EBITDA of $29.2 million, up 24% from Q3, with record quarterly sales exceeding 1.1 million tons.
Key Q4 metrics include: net income of $3.9 million (vs. -$0.2M in Q3), Class A diluted EPS of $0.06, and reduced cash cost per ton to $96 (down 6% from Q3). For 2025, Ramaco has secured commitments for 3.5 million tons (80% of production guidance), with 1.6M tons committed to North American customers at $152/ton average price.
The company maintained strong liquidity of nearly $140 million at year-end, despite metallurgical coal indices declining 32% throughout 2024. Operations showed significant improvement with mine costs dropping from $120/ton in March 2024 to $94/ton in December, representing a 25% reduction.
Ramaco Resources (NASDAQ: METC) has scheduled its fourth quarter and full year 2024 financial results announcement for Monday, March 10, 2025, after market close. The company will host an investor conference call and webcast on Tuesday, March 11, 2025, at 9:00 a.m. Eastern Time.
Key executives participating in the discussion include Randall W. Atkins (Chairman and CEO), Christopher L. Blanchard (EVP for Mine Planning & Development), Jeremy R. Sussman (EVP & CFO), and Jason T. Fannin (EVP & Chief Commercial Officer). The earnings release will be available on Ramaco's investor relations website.
Investors can access the conference call by dialing 1-877-317-6789 (domestic) or 1-412-317-6789 (international). A webcast will also be available through the company's designated portal.
Ramaco Resources (NASDAQ: METC) has announced details for its first quarter 2025 Class A common stock dividend. The company will distribute a quarterly dividend of $0.1375 per share of Class A common stock, payable on March 14, 2025, to shareholders of record as of February 28, 2025.
The dividend will be paid in Class B common stock, with Class A stockholders receiving 0.015537 shares of Class B common stock for each Class A share held. This ratio was determined using the Class B closing price of $8.85 per share on February 28, 2025. Instead of issuing fractional shares, the company will provide cash payments based on the fair value determined at the Record Date closing price.
Ramaco Resources (NASDAQ: METC) has announced its first quarter cash dividend for Class B common stock. The Board of Directors declared a quarterly cash dividend of $0.1971 per share on Class B common stock, payable on March 14, 2025, to shareholders of record on February 28, 2025.
Additionally, the company previously announced a quarterly Class A dividend of $0.1375 per share for the first quarter of 2025, which will be paid in Class B common stock. This Class A dividend shares the same payment and record dates as the Class B dividend.
Ramaco Resources (NASDAQ: METC) has announced its initial guidance for 2025, projecting sales volumes between 4.4-4.8 million tons with potential to reach 5 million tons based on market conditions. Production volumes are expected between 4.2-4.6 million tons, representing a 15% growth from 2024 levels.
The company has secured 2025 sales commitments of 2.9 million tons (66% of expected production), including 1.6 million tons to North American customers at $152 per ton and 1.3 million tons for export at index-linked pricing. Cash cost of sales is projected at $97-$103 per ton.
Additionally, Ramaco declared a Q1 2025 Class A dividend of $0.1375 per share, payable in Class B shares on March 14, 2025. Capital expenditures for 2025 are estimated at $60-70 million, including $20 million for growth initiatives at Elk Creek and Berwind complexes.
Ramaco Resources (NASDAQ: METC) announced that Fluor 's interim preliminary techno-economic analysis confirms the commercial and technical feasibility of the Brook Mine rare earth elements (REE) project. The mine contains one of the world's largest unconventional deposits of REE and critical minerals from coal and carbonaceous ore.
Key findings indicate that scandium, gallium, and germanium oxides account for approximately 70% of potential revenue. The Brook Mine would be the only primary source mine globally for these elements. The project features soft, non-radioactive, friable rock, potentially enabling more efficient extraction at lower capital intensity compared to traditional hard rock mines.
Final preliminary techno-economic report is expected in Q1 2025, followed by a full scoping study in Q2 2025. Construction of a commercial pilot plant is planned to begin in second half of 2025.
Ramaco Resources (NASDAQ: METC) has completed a $50 million public offering of senior unsecured notes due 2029. The notes carry an 8.375% annual interest rate, payable quarterly starting January 30, 2025. Rated 'BBB' by Egan-Jones, the notes can be redeemed after November 30, 2026, at 100% of principal plus accrued interest. The company plans to use proceeds for general corporate purposes, including future investments, capital expenditures, and working capital. The notes will be listed on Nasdaq under symbol 'METCZ', with minimum denominations of $25.00.
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