Revenue and Sales Performance - The company sold 3.8 million tons of coal in 2025, generating $536.6 million in revenue, a decrease from 4.0 million tons and $666.3 million in 2024[526]. - 37% of 2025 revenue came from North American markets, while 63% was from export markets, compared to 33% and 67% respectively in 2024[526]. - Revenue for the full-year 2025 was $536.6 million, approximately 19% lower than 2024, driven by a 4% decrease in tons sold and negative pricing impacts[556]. - Metallurgical Coal Segment revenue decreased by $129.7 million to $536.6 million in 2025 from $666.3 million in 2024, representing a 19.4% decline[578]. - Revenue per ton sold decreased 16% from $167 in 2024 to $140 in 2025, while cash cost per ton sold (FOB mine) decreased 7% from $105 to $98[568][570]. - Non-GAAP revenue per ton sold (FOB mine) fell by $20 to $120 in 2025, down from $140 in 2024, a decrease of 14.3%[578]. Financial Performance - Segment Adjusted EBITDA for 2025 was $69.4 million, approximately 42% lower than 2024, reflecting revenue and cost of sales declines[570]. - Net loss for 2025 was $51.4 million compared to a net income of $11.2 million in 2024[575]. - Interest expense for 2025 was approximately $7.8 million, an increase from $6.1 million in 2024, primarily due to the issuance of Senior Notes[562]. - Income tax benefit for 2025 was $10.7 million, compared to an expense of $3.7 million in 2024, driven by decreased income before taxes[563]. - Cash flows from operating activities decreased by $110.7 million to $1.97 million in 2025 compared to $112.7 million in 2024[584]. Capital Expenditures and Investments - Capital expenditures for the metallurgical coal segment were $60.5 million in 2025, down from $69.7 million in 2024, due to reduced spending on strategic growth projects[529]. - The company anticipates capital expenditures of approximately $85-90 million in 2026, including roughly $40 million for growth capital related to commercialization efforts in Wyoming[614]. - The company spent $64.3 million on capital additions in 2025, a decrease from $68.8 million in 2024, attributed to progress in production initiatives[613]. Debt and Financing - In 2025, the company issued $65.0 million in Senior Notes and raised approximately $200.0 million from a Class A common stock offering, enhancing liquidity for its dual platform critical minerals strategy[544]. - Outstanding debts totaled $467.5 million as of December 31, 2025, with a net increase of $363.2 million during the year[595]. - The company completed a public offering of 2031 Convertible Senior Notes amounting to $300 million, with additional proceeds intended for rare earth elements and critical minerals development[598]. - The company entered into a Third Amended and Restated Credit and Security Agreement on December 30, 2025, increasing the revolving commitment to $350.0 million with an accordion feature of an additional $150.0 million[607]. Rare Earths and Critical Minerals - The Brook Mine, a major deposit of rare earth elements and critical minerals, is expected to be the first new rare earth elements mine in the U.S. in 70 years, with development progressing since the July 2025 groundbreaking[533]. - The company received a $6.1 million matching grant from the Wyoming Energy Authority for the development of a pilot facility at the Brook Mine site[537]. - No revenues have been recognized from the Rare Earths and Critical Minerals segment to date, but future activities may significantly impact operating results and financial condition[550]. - The Rare Earths and Critical Minerals segment reported a Segment Adjusted EBITDA loss of $18.3 million in 2025, a decrease of $12 million compared to 2024[572]. Operational Metrics - Cost of coal sales for 2025 was $453.4 million, approximately 15% lower than 2024, due to mine closures and reduced trucking costs[558]. - Selling, general and administrative expenses increased to $69.4 million in 2025 from $49.3 million in 2024, driven by higher professional service and development costs[560]. - Asset retirement obligation accretion was $1.7 million for 2025, a 14% increase from 2024[559]. - Total royalties from Ramaco Coal and Amonate assets decreased to $12.9 million in 2025 from $14.9 million in 2024, a decline of 13.1%[591]. Cash and Liquidity - As of December 31, 2025, the company had $440.3 million in cash and cash equivalents and $80.7 million available under its Revolving Credit Facility for future borrowings[608]. - The company has a total of 3.1 million tons in sales commitments as of February 25, 2026, with 1.1 million tons at a fixed price of $142 per ton[641]. Market and Risk Factors - The company is exposed to fluctuations in the international price of metallurgical coal due to its shift towards more export sales[642]. - The company does not currently manage commodity price risk through derivative instruments, increasing revenue volatility[642]. - The company is exposed to interest rate fluctuations but does not actively manage this risk based on current debt levels[643]. - The company may face competitive disadvantages if the U.S. dollar strengthens against foreign currencies, potentially affecting pricing[646].

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Financial Data and Key Metrics Changes - The company achieved record liquidity of $521 million at the end of Q4 2025, up over 275% year-over-year [29] - Q4 cash costs per ton sold were $92, marking the strongest performance in four years, with cash margins of $24 per ton [30][31] - Adjusted EBITDA for Q4 was $9 million, compared to $8 million in Q3, despite a 17% decline in U.S. high-vol metallurgical coal indices [32] Business Line Data and Key Metrics Changes - The Elk Creek complex achieved the lowest costs since Q4 2021, averaging $80 per ton, with strong productivity levels [5][7] - The company is poised to grow total sales for the sixth consecutive year while lowering overall cash costs for the third year in a row [7] - Met coal sales for 2026 are committed at roughly 80% of production, with strong domestic and export pricing [8] Market Data and Key Metrics Changes - Australian premium low-vol indices increased to approximately $240 per ton, up more than $40 from Q4 2025, while average low-vol and high-vol indices rose nearly 10% [8] - The U.S. high-vol indices fell another 4% in Q4 versus Q3, but the company managed to improve financial results despite this decline [32] - North American customers account for 1.1 million tons at an average fixed price of $142 per ton, with 2 million export tons committed at index-linked pricing [47] Company Strategy and Development Direction - The company is transitioning to a dual platform operation focusing on both met coal and critical minerals, with plans to establish separate corporate entities for each segment [18] - A new proprietary technology breakthrough, carbochlorination, is expected to enhance product recovery and reduce capital and operating costs [10][11] - The company is accelerating low-vol growth projects at Berwind and Maben complexes, moving them from 2027 into 2026 [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing the best balance sheet and liquidity in the company's history, alongside improving coal markets [35] - The company anticipates a meaningful working capital tailwind in 2026, especially in the latter half of the year [31] - Management highlighted the importance of the gallium market for semiconductors, indicating a shift in focus towards high-purity gallium and away from scandium [58] Other Important Information - The company raised approximately $1 billion in capital in the second half of 2025, significantly strengthening its balance sheet [19] - The Brook Mine is expected to be a key resource for the semiconductor industry, with a focus on high-purity gallium and other critical minerals [15][48] - The company is constructing a pilot plant testing facility in Wyoming, expected to be operational by summer 2026 [16] Q&A Session Summary Question: Changes in Brook Mine technology and decision-making process - Management indicated that the decision to pivot to the new flow sheet was based on anticipated improvements in economics and product recovery, particularly for gallium [51][54] Question: Impact on offtake agreements and timing - The shift towards a gallium-centric product slate is expected to enhance discussions with potential partners and government stakeholders [56][58] Question: Engineering enhancements and NPV implications - Management confirmed that the new flow sheet is expected to materially increase the value of the project compared to previous estimates [62][64] Question: Clarification on the new flow sheet and confidence level - The carbochlorination process is a proven technique, and the company has engaged independent laboratories for testing, which has yielded promising results [68][69] Question: Economics of gallium extraction compared to other methods - The new flow sheet is expected to significantly improve gallium recovery and purity, making it competitive with other extraction methods [72]

Financial Data and Key Metrics Changes - The company achieved record liquidity of $521 million at the end of Q4 2025, up over 275% year-over-year [19][29] - Q4 cash costs per ton sold were $92, marking the strongest performance in four years, with cash margins of $24 per ton [31][32] - Adjusted EBITDA for Q4 was $9 million, compared to $8 million in Q3, despite a 17% decline in high-vol met coal indices [32][33] Business Line Data and Key Metrics Changes - The Elk Creek complex achieved costs averaging $80 per ton, the lowest since Q4 2021, with strong productivity levels [5][7] - The company committed to approximately 80% of its 2026 production at the midpoint of guidance, with strong domestic and export pricing [8] - Production for Q4 was 892,000 tons, a modest decline from Q3 due to seasonal factors [31] Market Data and Key Metrics Changes - Australian premium low-vol indices increased to roughly $240 per ton, up more than $40 from Q4, while average low-vol and high-vol indices rose nearly 10% [8] - U.S. high-vol indices fell another 4% in Q4 versus Q3, continuing a trend of pricing pressure in the high-vol market [32][46] - The company secured commitments for 3.1 million tons in 2026 sales, with North American customers accounting for 1.1 million tons at an average fixed price of $142 per ton [47] Company Strategy and Development Direction - The company is transitioning to a dual platform operation focusing on both met coal and critical minerals, with plans to reorganize its corporate structure for better operational flexibility [18] - Growth projects at the Berwind and Maben complexes are being accelerated, with an expected additional production of 100,000-200,000 tons in 2026 [9][40] - The company is pursuing a new proprietary technology for rare earth extraction, which is expected to enhance product quality and reduce capital intensity [10][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing the best balance sheet and liquidity in the company's history, alongside improving coal markets [35] - The company anticipates strong overall earnings growth in 2026 compared to 2025, contingent on market conditions [7][35] - Management noted that the new flow sheet for rare earth extraction significantly de-risks the process and enhances discussions with potential partners [56][70] Other Important Information - The company raised approximately $1 billion in capital in the second half of 2025, which is expected to facilitate its transition to a dual platform critical minerals company [19] - The Brook Mine is expected to be a significant resource for the semiconductor industry, with a focus on high-purity gallium and other critical minerals [15][48] Q&A Session Summary Question: Changes at Brook Mine and Technology Decisions - The company had anticipated the flow sheet option and found significant improvements in gallium recovery, justifying the change [51][54] Question: Timing of Offtake Agreements - The pivot to a gallium-centric product slate enhances discussions with potential partners and government stakeholders [56][58] Question: Engineering Enhancements and NPV - The new flow sheet is expected to materially increase the basket price due to higher purity products, with significant upside potential [62][64] Question: Clarification on the New Flow Sheet - The carbochlorination process is not novel but has been adapted for the company's specific mineralogy, with proprietary operating conditions [68][70] Question: Economics of Gallium Extraction - The new approach is expected to provide a cost advantage over traditional methods, with a significant increase in gallium recovery [72][73]

Financial Data and Key Metrics Changes - The company achieved record liquidity of $521 million at the end of Q4 2025, up over 275% year-over-year [26] - Q4 cash costs per ton sold were $92, marking the strongest performance in four years, while cash margins were $24 per ton, tied for the strongest of 2025 [28][31] - Adjusted EBITDA for Q4 was $9 million, compared to $8 million in Q3, despite a 17% decline in U.S. high-vol metallurgical coal indices [30] Business Line Data and Key Metrics Changes - The Elk Creek complex achieved the lowest costs since Q4 2021, averaging $80 per ton, with productivity levels at their strongest for the year [4][5] - The company is poised to grow total sales for the sixth consecutive year while lowering overall cash costs for the third year in a row [5] - Met coal sales commitments for 2026 are at approximately 80% of production, with strong domestic and export pricing [6] Market Data and Key Metrics Changes - Australian premium low-vol indices increased to roughly $240 per ton, up more than $40 from Q4, while average low-vol and high-vol indices rose nearly 10% compared to Q4 [6] - The U.S. high-vol indices fell another 4% in Q4 versus Q3, but the company managed to improve financial results despite this decline [30] - Global steel markets are increasingly influenced by policy, with expectations of reduced Chinese steel exports supporting global steel prices and coking coal prices [42] Company Strategy and Development Direction - The company is transitioning to a dual platform operation focusing on both met coal and critical minerals, with plans to establish separate corporate entities for each segment [16] - Growth projects at the Berwind and Maben complexes are being accelerated, with an expected additional production of 100,000-200,000 tons in 2026 [7] - The company is enhancing its focus on high-purity gallium and other critical minerals, aiming to capitalize on the growing semiconductor market [46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing the best balance sheet and liquidity in the company's history, alongside improving coal market conditions [33] - The company anticipates a meaningful working capital tailwind in 2026, especially in the latter half of the year [28] - Management highlighted the importance of maintaining wages and benefits for mineworkers despite market challenges, reinforcing the company's position as a top employer [4][36] Other Important Information - The company is developing a proprietary carbochlorination process for rare earth extraction, which is expected to reduce capital and operating costs while improving product recoveries [9][10] - A pilot plant testing facility in Wyoming is under construction, with operations expected to start in 2027 [13] - The company is actively engaging with governmental and strategic stakeholders regarding critical minerals and potential domestic stockpile initiatives [15] Q&A Session Questions and Answers Question: How did the company decide to pursue the new flow sheet at Brook Mine? - The decision was based on anticipated improvements in economics and significant recovery rates for gallium, which is expected to enhance the project's long-term viability [52][56] Question: Will the changes affect the timing of offtake agreements? - The pivot towards a gallium-centric product slate has improved discussions with potential partners and government stakeholders, enhancing the overall project outlook [54][56] Question: What is the expected impact of the new flow sheet on project economics? - The new flow sheet is anticipated to significantly increase the basket price due to higher purity products, with internal estimates showing material increases in revenue and free cash flow [61][79]

INVESTOR PRESENTATION Fourth Quarter 2025 Results 1 DISCLAIMER Forward Looking Statements: The information in this presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimat ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ramaco Resources, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2026 [1]. Group 1: Class Action Details - Investors who bought Ramaco securities between July 31, 2025, and October 23, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by March 31, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, Ramaco made materially false and misleading statements regarding its mining activities at the Brook Mine, claiming that significant work had not commenced despite positive public statements [5]. - It is claimed that Ramaco overstated its development progress at the Brook Mine, leading to misleading representations about the company's business and prospects [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Exhibit 99.1 RAMACO RESOURCES REPORTS FOURTH QUARTER and FULL-YEAR 2025 RESULTS LEXINGTON, KY., February 25, 2026 -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") is a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and is transitioning to also become a developer of rare earth and critical minerals in Wyoming. Today it reported financial results for the three and twelve month periods ending December 31, 2025 (the "Results"). FOURTH ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ramaco Resources, Inc. due to allegations of misleading statements regarding the company's mining activities, particularly at the Brook Mine, which has led to a significant drop in stock price [3][5][6]. Group 1: Legal Investigation - Faruqi & Faruqi is reminding investors of the March 31, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Ramaco [3]. - The complaint alleges that Ramaco and its executives violated federal securities laws by making false statements and failing to disclose the lack of significant mining activity at the Brook Mine [5]. - The investigation is open to anyone with information regarding Ramaco's conduct, including whistleblowers and former employees [8]. Group 2: Stock Performance - Following the publication of a report by Wolfpack Research, Ramaco's stock price fell by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025, amid unusually heavy trading volume [6].

Group 1 - A class action lawsuit has been filed against Ramaco Resources, Inc. on behalf of investors who purchased securities during the period from July 31, 2025, to October 23, 2025 [1][2] - The lawsuit is based on allegations that a report by Wolfpack Research claimed the Brook Mine in Wyoming was a "hoax" and had no meaningful activity since its groundbreaking, leading to a significant drop in Ramaco's stock price by $3.81, nearly 10%, closing at $36.01 per share [3] Group 2 - Investors who purchased Ramaco securities during the class period have until March 31, 2026, to seek appointment as lead plaintiff representative of the class [2] - Ramaco Resources, Inc. is headquartered in Lexington, Kentucky, and is involved in developing coal mining and mineral projects across the United States [2]