Ramaco is trying to turn a coal business into something more durable by cutting costs hard and moving quickly into rare earth minerals at its Brook Mine, betting that buyers want more secure U.S. supply. But the same shift comes with big unknowns—coal faces long-term pressure, and the new rare earth venture could disappoint if prices, permits, or demand don’t line up.Read more
Ramaco’s business faces a double squeeze: the world keeps moving away from coal while new ways to make steel could cut demand even faster. At the same time, its push into rare earths could either soften that blow or fall short if the market and funding don’t develop the way optimists expect.Read more
Ramaco Resources is trying to turn a coal business into something bigger by building what it says could be the first new rare earth mine in the U.S. in decades, helped by growing government focus on home‑made critical minerals. The big question is whether that support and customer demand arrive in time, or whether heavy spending and volatile coal markets derail the plan.Read more
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Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. The company’s development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 88,850 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres located in southern West Virginia; and the Brook Mine property that covers an area of approximately 15,800 acres located in northeastern Wyoming. It serves blast furnace steel mills and coke plants in North America, as well as metallurgical coal consumers internationally. Ramaco Resources, Inc. was founded in 2015 and is based in Lexington, Kentucky.
