LEXINGTON, Ky., April 25, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") will report first quarter 2024 financial results on Wednesday, May 8, 2024 after the close of the market. The earnings news release will be available on the Company's investor relations website at www.ramacoresources.com and through major financial information sites. At 9:00 a.m. Eastern Time on Thursday, May 9, 2024, Ramaco Resources will host an investor conference call and webcast where  ...

As of February 29, 2024, the registrant had 44,263,429 and 8,825,928 outstanding shares of Class A and Class B common stock, respectively. Documents Incorporated by Reference: Certain information required to be furnished pursuant to Part III of this Annual Report on Form 10-K is set forth in, and is hereby incorporated by reference herein from, the definitive proxy statement for our 2024 Annual General Meeting of Stockholders, to be filed by Ramaco Resources with the Securities and Exchange Commission pursu ...

Ramaco Resources, Inc. (NASDAQ:METC) Q4 2023 Results Conference Call March 8, 2024 9:00 AM ET Company Participants Jeremy Sussman - Chief Financial Officer Randy Atkins - Chairman and Chief Executive Officer Chris Blanchard - Chief Operating Officer Jason Fannin - Chief Commercial Officer Conference Call Participants Nick Chile - B. Riley Securities Nathan Martin - The Benchmark Company Operator Welcome to the Ramaco Resources Fourth Quarter 2023 Results Conference Call. All participants will be in a listen ...

LEXINGTON, KY., March 7, 2024 -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal, today reported financial results for the three months and twelve months ended December 31, 2023. FOURTH QUARTER AND FULL-YEAR 2023 HIGHLIGHTS MARKET COMMENTARY / 2024 OUTLOOK 1 ● For the three months ended December 31, 2023, the Company had adjusted earnings before interest, taxes, depreciation, amortization, certain non-oper ...

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 For the quarterly period ended September 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38003 RAMACO RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 38-4018838 (Stat ...

Financial Data and Key Metrics Changes - In Q3 2023, net income grew by over 150% compared to Q2, reaching $19.5 million, while adjusted EBITDA increased by more than 50% to $45 million [85] - Average realized price in Q3 fell by 4% versus Q2 to $157 per ton, in line with declining coal indices [58] - Production decreased by 18% compared to Q2, totaling 719,000 tons, and cash costs increased by 5% to $114 per ton [58][85] Business Line Data and Key Metrics Changes - The Elk Creek plant's capacity was increased from 2 million to 3 million tons per year, contributing to a production run rate of 4 million tons per annum [86] - The company has 3.3 million tons contracted, including 2.9 million tons at an average fixed price of $173 per ton [13] - The Berwind Mine achieved an annualized run rate of 500,000 tons per year [5] Market Data and Key Metrics Changes - India has surpassed China as the largest importing country of seaborn metallurgical coal, driven by strong steel demand [63] - U.S. high-vol prices increased by $60 per ton compared to mid-August, indicating a recovery in the metallurgical coal market [118] - Despite subdued European steel demand, global production revisions from major players in Australia, the U.S., and Canada have created supply constraints [89] Company Strategy and Development Direction - The company is focusing on expanding its export business to approximately 70% of anticipated production while maintaining a production level of 4 to 4.5 million tons [80] - Ramaco is investing in innovative technologies for the production of synthetic graphite and activated carbon fiber, with plans for a pilot plant in West Virginia [65][83] - The company aims to return more cash to shareholders in 2024 than it expects to spend on growth capital [84] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the murky economic environment but remains optimistic about supply constraints and increased Asian demand [6][59] - The company anticipates that coal inventories will normalize by the first quarter of 2024, coinciding with production increases at Elk Creek [20] - Management highlighted the importance of ongoing testing and development of rare earth deposits and carbon products [36][139] Other Important Information - The company has liquidity of $98 million as of September 30, 2023, double the $49 million level at year-end 2022 [88] - Ramaco has paid down over $50 million of its term debt, reducing total debt from $125 million in 2022 to $50 million by year-end 2023 [78][108] Q&A Session Summary Question: Can you elaborate on the capital returns and debt reduction targets for 2024? - Management indicated that they are balancing capital returns with debt reduction, with a focus on maintaining flexibility in free cash flow allocation [24][42] Question: What are the expectations for production costs in Q4? - Management noted that cash costs are expected to be in the range of $108 to $112 per ton, influenced by seasonal factors [103][130] Question: Can you provide an update on the rare earth and carbon product initiatives? - Management stated that they are in the testing phase for both initiatives and expect to have more concrete updates in the first half of next year [36][139]

INVESTOR PRESENTATION Third Quarter 2023 151% Revenue Growth YTD 2023 Vs. YTD 2021 $62 MM Net Debt 9/30/23 "Pure play" metallurgical coal company Potential production of ~6.5 million tons over the next few years, up from just 0.5 million tons produced in 2017. Attractive Capital Structure Despite our recent Rare Earth Element discovery, METC is trading in-line with its coal peers at <3x trailing EV/EBITDA. • Pure-play, low-cost met coal producer, with strong production growth 2 METCB: Class B Common Stock • ...

DISCLAIMER RAMACO AT A GLANCE 192% Net Income Growth In 2022 $108 MM Net Debt 6/30/23 Key Highlights "Pure play" metallurgical coal company Strong Growth Trajectory Strong Financial Performance Attractive Capital Structure • Pure-play, low-cost met coal producer, with strong production growth • Attractive dividend • Attractive Royalty Stream and Infrastructure income • Favorable dividend strategy © RAMACO 1 INVESTOR PRESENTATION Second Quarter 2023 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-- ...

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 For the quarterly period ended June 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38003 RAMACO RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 38-4018838 (State o ...

Ramaco Resources, Inc. (NASDAQ:METC) Q2 2023 Earnings Call Transcript August 9, 2023 9:00 AM ET Company Participants Jeremy Sussman - Chief Financial Officer Randall Atkins - Chairman and Chief Executive Officer Chris Blanchard - Chief Operating Officer Conference Call Participants Lucas Pipes - B. Riley Securities Nathan Martin - The Benchmark Company Operator Welcome to the Ramaco Resources Second Quarter 2023 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode, ...