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Update on Independent Preliminary Economic Assessment Report from Fluor Corporation
Prnewswire· 2025-07-08 20:30
LEXINGTON, Ky., July 8, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") announces that on July 9 it will receive the Preliminary Economic Assessment (the "PEA") of Ramaco's Brook Mine from the Fluor Corporation.  The PEA will be presented to the Ramaco Board of Directors (the "Board") at its Board meeting tomorrow.  Following Fluor's presentation to the Board and the Board's opportunity to review,  Ramaco expects to release a summary of the updated information t ...
Independent Preliminary Economic Assessment Report from Fluor Corporation Confirms Commercial and Technical Feasibility of Ramaco's Brook Mine Rare Earth Deposit
Prnewswire· 2025-07-01 12:00
Unlike traditional rare earth element (REE) deposits, which often involve complex, high-cost processing and the management of radioactive elements contained in the ore, the Brook Mine deposit is composed of soft, friable, clay and rock associated with coal and negligible radioactive elements. This unique geological profile significantly reduces the cost and requirement for energy-intensive processing typically required in hard rock mining. As a result, the project is expected to benefit from a more efficien ...
Documents Available Regarding Ramaco's Brook Mine Rare Earth and Critical Minerals Project
Prnewswire· 2025-07-01 12:00
LEXINGTON, Ky., July 1, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resources" or the "Company") announces that this morning it has released and posted to its website at www.ramacoresources.com, the following: 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 executiv ...
Ramaco Resources (METC) Moves 6.1% Higher: Will This Strength Last?
ZACKS· 2025-06-30 15:00
Ramaco Resources (METC) shares soared 6.1% in the last trading session to close at $12.2. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 26.2% gain over the past four weeks.Ramco Resources is well-positioned to benefit from its high-quality met coal production, primarily used in the steel making process. The company leverages its robust infrastructure and a stable, diversified customer base to maintain steady operations. Its ong ...
Ramaco Resources: High-Yield Dividend With Strategic Appeal
Seeking Alpha· 2025-06-27 21:43
Ramaco Resources, Inc. (NASDAQ: METCB ) is a low-cost metallurgical coal producer with mines in Appalachia. METCB also plans to expand into rare earth elements (REEs) and critical minerals through its Brook Mine in Wyoming. The company stands out for its cost-efficiencyMy name is Myriam Hernandez Alvarez. I received the Electronics and Telecommunication Engineering degree from the Escuela Politecnica Nacional, Quito, Ecuador, the M.Sc. degree in computer science from Ohio University, Athens, OH, USA, a grad ...
Ramaco Resources 8.375% Senior Notes: High Yield From A Stable Issuer
Seeking Alpha· 2025-05-19 17:38
Given the current global uncertainty that is fueling risk aversion, many investors have thought it might not be a bad idea to take a step backAlberto holds a Master's degree in Business Economics. During his academic career he acquired an extensive managerial and economic background, with a solid quantitative basis. He covers all sectors and the different types of stocks. Essentially describes a useful investment strategy that fits the profile of any investor, whether they are dividend investors or interest ...
Ramaco Resources(METC) - 2025 Q1 - Quarterly Report
2025-05-12 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38003 For the quarterly period ended March 31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to RAMACO RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 38-4018838 (State or ...
Ramaco Resources(METC) - 2025 Q1 - Earnings Call Transcript
2025-05-12 16:02
Ramaco Resources (METC) Q1 2025 Earnings Call May 12, 2025 11:00 AM ET Company Participants Jeremy Sussman - Executive VP & CFORandall Atkins - Founder, Chairman & CEOChristopher Blanchard - Executive Vice President of Mine Planning and DevelopmentJason Fannin - EVP & CCO Conference Call Participants Nick Giles - Senior Research AnalystNathan Martin - Equity Research Analyst Operator Good day, and welcome to the Ramaco Resources Inc. First Quarter twenty twenty five Results Conference Call. All participants ...
Ramaco Resources(METC) - 2025 Q1 - Earnings Call Transcript
2025-05-12 16:00
Financial Data and Key Metrics Changes - In Q1 2025, adjusted EBITDA was $10 million, down from $29 million in Q4 2024, with a net loss of $9 million compared to a net income of $4 million in Q4 2024 [31] - Class A EPS showed a loss of $0.19 in Q1 versus a gain of $0.06 in Q4 [31] - Key U.S. metallurgical coal indices fell 3% in Q1 compared to Q4, while the Australian benchmark index dropped approximately 9% during the same period [32] Business Line Data and Key Metrics Changes - Company-wide production reached a quarterly record of 1 million tons, annualizing to 4 million tons, despite losing about 150,000 tons due to adverse weather conditions [8][41] - Cash cost per ton sold was under $100 for the second consecutive quarter, placing the company in the first quartile of U.S. metallurgical coal producers [8][33] - The company is reducing its 2025 production guidance to between 3.9 million to 4.3 million tons, down from previous expectations of 4.2 million to 4.6 million tons [36] Market Data and Key Metrics Changes - The metallurgical coal market remains under pressure, driven by weak steel mill profitability and strong Chinese steel exports, which have negatively impacted global steel prices [53][54] - The Australian premium low vol index increased to $190.5 per ton, up from a recent low of $166, driven by supply disruptions and steady restocking demand [51] - Domestic end users are taking shipments at a consistent rate, with commitments of 3.7 million tons at an average fixed price of $152 per ton [50] Company Strategy and Development Direction - The company is focused on not forcing production into a weak market, maintaining the option to increase production if market conditions improve [10] - Plans to expand production by an additional 2 million tons are in place, contingent on market clarity, with a potential increase in production capacity from the Maven Low Vol Complex and Berwind Complex [11] - The Brookline Rare Earth project is seen as a significant opportunity, with plans to initiate large-scale mining in June and construction of a pilot plant expected to begin later in the summer [23][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about potential market recovery, citing recent increases in Australian benchmark prices and anticipated supply cuts from higher-cost producers [12] - The company is well-positioned to withstand near-term market weakness due to strong liquidity and a solid balance sheet [39] - Management remains cautious about the current market conditions but is optimistic about the long-term potential of the critical minerals market [30] Other Important Information - The company has appointed Mike Wolichuk as Executive Vice President to oversee the Critical Minerals project, bringing over 30 years of experience in the field [15] - The Brook Mine is projected to produce approximately 1,400 metric tons of critical mineral oxides per year, with over 95% of expected revenue derived from a basket of seven rare earth elements and critical minerals [22] Q&A Session Summary Question: What is the guidance for sales mix and cost improvements moving into the second half? - Management indicated that Q2 sales guidance implies a pickup in the back half of the year, with costs expected to be at the higher end of the range due to lower tonnage [64][65] Question: Could the Brook Mine be included in the Fast 41 projects for federal benefits? - Management clarified that the Brook Mine was not included as it already has permits, but they are exploring federal assistance for financing and procurement [68][71] Question: Is there a desire to bring in a financing or operating partner for the Brook Mine? - Management stated they are not seeking a joint venture partner and plan to finance the project independently, leveraging existing partnerships for development [76][77] Question: What is the breakdown of CapEx for sustaining versus growth projects? - Management noted a reduction in CapEx guidance, with a focus on maintenance CapEx and deferring some growth projects due to current market conditions [82][83] Question: What are the implications of met coal being declared a potential critical mineral? - Management expressed hope for federal support but noted that immediate benefits are uncertain; they anticipate potential assistance with permitting [88][90]
Ramaco Resources (METC) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-12 14:10
Ramaco Resources (METC) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.48%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced earnings of $0.06, delivering a surprise of 154.55%.Over the last four quarters, the company ha ...