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.
Ramaco Resources, Inc. (NASDAQ: METC, METCB) generates news across metallurgical coal, rare earth elements and critical minerals, as reflected in its public disclosures and press releases. The company reports that it operates and develops high-quality, low-cost metallurgical coal mines in southern West Virginia and southwestern Virginia, and is advancing a coal, rare earth and critical mineral project at its Brook Mine near Sheridan, Wyoming. These activities place Ramaco in the bituminous coal and lignite surface mining industry and at the intersection of coal and critical mineral development.
News about Ramaco often covers developments in its Central Appalachian metallurgical coal complexes, including operational updates and capital allocation decisions such as stock dividends on its Class B common stock and a share repurchase program for its Class A common stock. Filings and releases also describe financing transactions, including amendments to a revolving credit facility with a bank syndicate and the issuance of 0% convertible senior notes due 2031 with related capped call transactions.
Another key theme in Ramaco’s news flow is the Brook Mine rare earth elements and critical minerals project. Company announcements highlight the discovery of a major deposit of primary magnetic rare earths and critical minerals, the start of mining and pilot processing construction, and initiatives such as an Umbrella Cooperative Research and Development Agreement with the U.S. Department of Energy’s National Energy Technology Laboratory. Ramaco has also reported a non-binding memorandum of understanding with Mulberry Industries to negotiate an offtake partnership for customized rare earth oxide blends, and an initiative to establish a Strategic Critical Minerals Terminal at the Brook Mine with Goldman Sachs & Co. LLC acting as exclusive structuring agent.
Investors following METC news can review company releases for updates on metallurgical coal operations, rare earth and critical mineral development, financing activities, strategic partnerships, board and policy-related appointments, and shareholder communications such as Brook Mine FAQ postings. This news page provides a centralized view of Ramaco’s reported corporate, operational and project-related events over time.
Ramaco Resources (NASDAQ: METC) has received positive preliminary economic assessment (PEA) results from Fluor Corporation confirming the commercial and technical feasibility of its Brook Mine rare earth deposit. The project demonstrates strong economics with a pre-tax NPV8 of $1.197 billion, NPV10 of $898 million, and an IRR of 38%.
The project requires an initial capital investment of $473 million (excluding 22% contingency) and is projected to generate steady-state annual adjusted EBITDA of $143 million by 2029 on $378 million in annual revenue. At full capacity, the mine will produce 1,242 short tons of oxide annually, including 456 tons of valuable elements like gallium, germanium, scandium, and rare earth elements.
The Brook Mine deposit, believed to be the nation's largest unconventional rare earth elements source from coal, features unique geological characteristics with negligible radioactive elements and simplified processing requirements. The project has an initial mine life of 42 years, utilizing less than 4% of the estimated total mineral inventory. A pilot plant is planned to be fully operational by mid-2026.
[ "Pre-tax NPV8 of $1.197 billion and strong IRR of 38% demonstrate robust project economics", "Steady-state annual adjusted EBITDA of $143 million projected by 2029", "Exceptional rare earth element leach extractions averaging 90%", "Lower capital and operating costs due to unique geological profile without radioactive elements", "Large-scale potential with initial 42-year mine life using less than 4% of total mineral inventory", "Will be one of only two domestic rare earth element sources and the only domestic source of heavy rare earth elements", "Projected to support 30% of U.S. defense applications for permanent magnets" ]Ramaco Resources (NASDAQ: METC) announced it will host a historic ribbon cutting ceremony on July 11, 2025 for the Brook Mine Carbon Ore Rare Earth project in Ranchester, Wyoming. The project marks a significant milestone as the first new rare earth mine in the United States in over 70 years and the first new coal mine in Wyoming in over 50 years.
The ceremony, themed "American Independence: A Rare Earth Revolution," will feature notable attendees including U.S. Secretary of Energy Chris Wright, Wyoming Governor Mark Gordon, U.S. Senators John Barrasso and Cynthia Lummis, U.S. Representative Harriet Hageman, and former U.S. Senator Joe Manchin.
According to Chairman and CEO Randall W. Atkins, the Brook Mine's deposit is substantial enough to supply a significant portion of the country's critical minerals needs for decades. The project aims to establish a domestic supply line of strategic rare earths and critical minerals, reducing U.S. dependence on foreign sources, particularly China.
Ramaco Resources (NASDAQ: METC, METCB) announced it will release updated information and preliminary economics for its Brook Mine Rare Earth and Critical Minerals Project. The disclosure will be made on July 1, 2025, before 9 am Eastern Standard Time.
Ramaco Resources (NASDAQ: METC, METCB) announced that board member Aurelia Skipwith Giacometto has joined Earth & Water Law, LLC (E&W Law) as a partner. Giacometto, who joined Ramaco's board in 2022, brings over 20 years of experience in agriculture, wildlife conservation, and energy development. She previously served as the 14th Secretary of the Louisiana Department of Environmental Quality and was confirmed as the Director of the U.S. Fish and Wildlife Service in 2019.
Ramaco's Chairman and CEO Randall W. Atkins praised Giacometto's strategic thinking, compassion, and action-oriented leadership. She will continue to serve as a board member and committee leader at Ramaco while taking on her new role at E&W Law.
Ramaco Resources (NASDAQ: METC) has appointed Michael Woloschuk as Executive Vice President for Critical Mineral Operations to lead the Brook Mine rare earth and critical mineral project in Wyoming. Woloschuk, with over 30 years of industry experience, joins from Fluor Corporation where he served as Global Executive Director of Critical Minerals.
Woloschuk's extensive background includes leadership roles in mining companies, engineering firms, and mining-focused private equity. He holds chemistry and chemical engineering degrees from the University of Saskatchewan and will relocate from Brisbane, Australia, to work from both Lexington, Kentucky, and Sheridan, Wyoming.
The appointment is significant as Woloschuk has been directly involved in the Brook Mine project's development through Fluor since 2024, working on testing, engineering, design, and feasibility studies.
Ramaco Resources (NASDAQ: METC, METCB) has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, before market opening. The company will make the earnings release available on their investor relations website and major financial platforms.
A conference call and webcast are planned for 11:00 a.m. Eastern Time on the same day. Key executives participating include:
- Randall W. Atkins - Chairman and CEO
- Christopher L. Blanchard - EVP for Mine Planning & Development
- Jeremy R. Sussman - EVP & CFO
- Jason T. Fannin - EVP & Chief Commercial Officer
Investors can join the conference call by dialing 1-877-317-6789 (domestic) or 1-412-317-6789 (international). The webcast will be accessible through a dedicated link provided by the company.
Ramaco Resources (NASDAQ: METC) has appointed former U.S. Senator Joseph Manchin III to its Board of Directors as an independent member, effective April 18, 2025. Manchin, who previously served as West Virginia Governor, Secretary of State, and Chairman of the Senate Energy and Natural Resources Committee, brings extensive experience in energy policy and economic development.
The appointment aligns with Ramaco's strategic focus on metallurgical coal production and rare earth element development in Wyoming. Manchin's background in national defense and critical mineral supply chains, along with his experience on the Senate Appropriations and Armed Services Committees, is expected to provide valuable guidance as the company expands its role in developing domestic-sourced minerals critical to national security.
Ramaco Resources (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled for an interview on Fox Business Channel's Varney & Co. program on April 10, 2025.
The discussion will focus on President Trump's recent executive orders regarding coal, which direct the Department of Energy to explore new technological uses of coal and consider classifying metallurgical coal as a critical mineral. Following these orders, the National Coal Council has been re-established under Energy Secretary Chris Wright.
Atkins will also discuss the development of Ramaco's Brook Mine in Wyoming, potentially the first new critical mineral and rare earth element mine in the U.S. in over 50 years. Federal researchers have identified it as the largest unconventional REE deposit in the United States, containing critical minerals essential for technology and defense purposes, many currently under Chinese export restrictions. The Wall Street Journal has highlighted this project in an article titled 'The $2 Million Coal Mine That Might Hold a $37 Billion Treasure'.
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