Ramaco Chairman and CEO Scheduled to Appear on Fox Business Channel on April 10

Rhea-AI Summary

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'.

Positive

• Brook Mine identified as largest unconventional REE deposit in the U.S., with potential $37 billion value
• Potential classification of metallurgical coal as critical mineral could benefit company's operations
• Strategic positioning to supply critical minerals currently restricted by Chinese exports

Negative

• Brook Mine development still in early stages with no production timeline specified
• Actual value realization from the $37 billion potential remains uncertain

LEXINGTON, Ky., April 10, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) Chairman and CEO Randall Atkins is scheduled to appear for an interview Thursday, April 10, with Stuart Varney on Fox Business Channel.

The interview is currently scheduled to appear at roughly 11:25am ET on the Varney & Co. program.

During his appearance, Atkins expects to discuss President Donald Trump's recent executive orders regarding coal and the outstanding support the president has shown to the U.S. coal industry, a backbone of our national security. Trump's new orders ask the Department of Energy to encourage new technological uses of coal, and to consider categorizing metallurgical coal as a critical mineral. Following the executive orders, Secretary of Energy Chris Wright re-established the National Coal Council, a longtime industry advisory group to the Department of Energy, which saw its charter terminated under the Biden administration. Atkins served as the council's immediate past Chairman.

Atkins attended the signing of the executive orders at the White House on Tuesday.

Atkins will also discuss Ramaco's development of its critical mineral and rare earth element Brook Mine in Wyoming. This would be the first new such mine in the U.S. in over half a century. Federal researchers have called this the largest unconventional deposit of REEs in the United States. It contains numerous critical minerals that are vital for both technology and defense purposes, including many now under export restrictions from China.

The Brook Mine was the subject of a Wall Street Journal article titled "The $2 Million Coal Mine That Might Hold a $37 Billion Treasure".

Mr. Atkins is a nationally recognized and respected leader in the coal industry and has been featured in numerous publications and programs, including appearances on CNBC, Bloomberg TV, and Fox Business Channel.

About Ramaco Resources, Inc.

Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and a developing producer of coal, rare earth and critical minerals in Wyoming. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development near Sheridan, Wyoming in the initial stages of production. In 2023, the Company announced that a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Contiguous to the Wyoming mine, the Company operates a carbon research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 60 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at https://www.ramacoresources.com. For more information, contact investor relations at (859) 244-7455.

Point of Contact:
INVESTOR RELATIONS: info@ramacometc.com or 859-244-7455

 

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SOURCE Ramaco Resources, Inc.

FAQ

What are the key points of Trump's executive orders affecting Ramaco Resources (METC)?

The orders direct the DOE to explore new technological uses of coal and consider classifying metallurgical coal as a critical mineral, potentially benefiting METC's operations.

How much potential value does Ramaco's Brook Mine (METC) hold in Wyoming?

According to a Wall Street Journal article, the $2 million coal mine could potentially hold $37 billion in treasure, primarily in rare earth elements and critical minerals.

What makes Ramaco's Brook Mine (METC) significant for the U.S. market?

It would be the first new critical mineral and rare earth element mine in the U.S. in over 50 years, containing the largest unconventional REE deposit in the country.

How might Chinese export restrictions impact Ramaco Resources (METC) Brook Mine project?

The Brook Mine could provide a domestic source for critical minerals currently under Chinese export restrictions, potentially positioning METC as a key U.S. supplier.