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 ...

Core Insights - The Fluor Corporation will deliver a full Preliminary Economic Assessment (PEA) of Ramaco Resources' Brook Mine by July 8, 2025, indicating a significant advancement in the project [1][2] - The Brook Mine is believed to contain the largest unconventional deposit of rare earth elements and critical minerals sourced from coal, which is commercially and technologically feasible [2][4] Economic Viability - The updated PEA confirms the viability of the Brook Mine project, validating Ramaco's development strategy and providing momentum for future phases [4] - The PEA outlines a net present value (NPV) of $1.197 billion at an 8% discount rate and $898 million at a 10% discount rate, with an internal rate of return (IRR) of 38% and an initial capital cost estimate of $473 million [8][15] Production and Revenue Projections - The project anticipates an adjusted EBITDA of $134 million by 2028, reaching $143 million by 2029, with annual revenue projected at $378 million [8][15] - The Brook Mine is expected to produce 1,242 short tons of rare earth oxides annually, including 456 tons of various critical minerals [11][12] Cost Structure - The total initial capital cost is estimated at $579 million, including a 22% contingency [9] - Annual steady-state costs are projected at $235 million, with mining costs at $27 million and processing costs at $195 million [12][15] Unique Geological Profile - The Brook Mine's geological profile allows for a more efficient extraction process with lower capital intensity compared to traditional hard rock mining, significantly reducing operational complexity and costs [5][6] Strategic Importance - The Brook Mine will be one of only two domestic sources of rare earth elements and the only source of heavy rare earth elements and critical minerals vital for the U.S. defense industry [18][19] - The mine is projected to support 3-5% of total U.S. permanent magnet demand and over 30% of the demand for U.S. defense applications [18] Development Timeline - Initial mining activities have commenced to procure ore for pilot-scale testing, with a pilot plant expected to be operational by mid-2026 [16]

Company Overview - Ramaco Resources, Inc. operates and develops high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and is also a developing producer of coal, rare earth, and critical minerals in Wyoming [1] - The company has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development project near Sheridan, Wyoming, which is in the initial stages of production [1] - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine [1] Intellectual Property and Research - Ramaco Resources holds approximately 76 intellectual property patents, pending applications, exclusive licensing agreements, and various trademarks related to its operations [1] - The company operates a carbon research and pilot facility focused on producing advanced carbon products and materials from coal [1] Communication and Investor Relations - Additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, is available on its website [1] - Investor relations can be contacted via email or phone for further inquiries [2]

Group 1 - Ramaco Resources, Inc. is a low-cost metallurgical coal producer with operations in Appalachia [1] - The company plans to expand into rare earth elements (REEs) and critical minerals through its Brook Mine in Wyoming [1] - Ramaco Resources is noted for its cost-efficiency in the metallurgical coal sector [1]

LEXINGTON, Ky., May 14, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) Ramaco is proud to announce that Aurelia Skipwith Giacometto, a valued member of the Ramaco Resources, Inc., Board of Directors, has joined Earth & Water Law, LLC (E&W Law) as a partner. Aurelia has over 20 years of experience in agriculture, wildlife conservation, and energy development. Most recently, she served as the 14th Secretary of the Louisiana Department of Environmental Quality (LDEQ). In 2019, prior to her p ...

Revenue Performance - Revenue for the first three months of 2025 was $134.7 million, approximately 22% lower than the same period in 2024, driven by a decrease in pricing despite a 2% increase in tons sold [125]. - Total revenue for the three months ended March 31, 2025, was $134.7 million, a decrease of 22% compared to $172.7 million for the same period in 2024 [157]. - Non-GAAP revenue (FOB mine) for the three months ended March 31, 2025, was $115.6 million, down from $144.4 million in 2024, reflecting a decrease of approximately 20% [157]. - The average revenue per ton sold decreased by 24% from $186 in Q1 2024 to $142 in Q1 2025, attributed to variability in index-based pricing for export sales [128]. Sales and Production - The company sold 0.9 million tons of coal in Q1 2025, with 67% of revenue from export markets, compared to 0.9 million tons sold in Q1 2024, where 69% of revenue was from exports [115]. - The company produced 1.0 million tons in Q1 2025, up from 0.8 million tons in Q1 2024, with full-year production expected between 3.9 and 4.3 million tons [121]. - As of March 31, 2025, the company had outstanding performance obligations of approximately 1.5 million tons at an average fixed sales price of $154 per ton [118]. Financial Performance - Adjusted EBITDA for the three months ended March 31, 2025, was $9.8 million, significantly lower than $24.2 million in the same period of 2024, representing a decline of about 60% [156]. - The company reported a net loss of $9.5 million for the three months ended March 31, 2025, compared to a net income of $2.0 million in 2024 [156]. - Cash flows from operating activities were $26.0 million in Q1 2025, driven by net earnings adjusted for non-cash expenses [141]. Capital Expenditures - Total capital expenditures in Q1 2025 were $20.3 million, an increase from $18.7 million in Q1 2024, primarily due to strategic growth projects at the Maben preparation plant [120]. - Capital expenditures for the period totaled $20.3 million, with significant investments in the preparation plant and Maben complex expansion [145]. - Future capital expenditures may be adjusted based on liquidity needs and market conditions, with potential funding through debt or equity securities if cash flows are insufficient [147]. Cash and Financing - The company had $43.5 million in cash and cash equivalents and $74.9 million of remaining availability under its Revolving Credit Facility as of March 31, 2025 [140]. - Cash inflows from financing activities totaled $6.7 million, including net proceeds from borrowing of $15.9 million [145]. - The company filed a shelf registration statement on September 1, 2023, to sell securities with an aggregate initial offering price of up to $400 million [148]. Taxation - The effective tax rate for Q1 2025 was 31%, compared to 21% in Q1 2024, influenced by state taxes and non-deductible expenses [136]. Dividends - The company anticipates declaring similar dividends on a quarterly basis, with 20% of cash available for dividend for Class B common stock amounting to $1.9 million for the current period [144]. Grants and Development - The company received a $6.1 million matching grant from the Wyoming Energy Authority for the development of a pilot processing facility for rare earth elements and critical minerals [122]. Cost Efficiency - Non-GAAP cash cost per ton sold (FOB mine) was $98 for the three months ended March 31, 2025, down from $118 in 2024, indicating improved cost efficiency [158].

Guidance: Exhibit 99.1 RAMACO RESOURCES REPORTS FIRST QUARTER 2025 RESULTS LEXINGTON, KY., May 12, 2025 -- 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 future developer of rare earth and critical minerals in Wyoming. Today it reported financial results for the three months ended March 31, 2025. FIRST QUARTER 2025 HIGHLIGHTS MARKET COMMENTARY / 2025 OUTLOOK Sales and Marketin ...

LEXINGTON, Ky., March 18, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resources" or the "Company") today announced changes to its senior management and Board of Directors (the "Board").E. Forrest Jones, Jr., has been hired by the Company to serve as its new General Counsel, bringing a career of immense legal experience in the minerals and coal industry.  Mr. Jones has been a member of the Board since 2021 and resigned as a director of the Company effective March 14, 2025, to t ...

Revenue and Sales Performance - The company reported revenue of $666.3 million for 2024, a decrease of approximately 4% compared to $693.5 million in 2023, despite an increase in sales volume from 3.5 million tons to 4.0 million tons [497]. - The average revenue per ton sold decreased by 17% from $201 in 2023 to $167 in 2024, driven by volatility in index-based pricing for export sales [498]. - Non-GAAP revenue (FOB mine) decreased to $559.3 million in 2024 from $588.6 million in 2023, a decline of $29.4 million or 5% [515]. - Tons sold increased to 3.99 million in 2024, up by 534,000 tons or 15.5% from 3.46 million tons in 2023 [515]. - Total revenue for 2024 was $666,295, a decrease of 3.9% from $693,524 in 2023 [615]. Income and Profitability - Net income for 2024 was $11.2 million, significantly lower than $82.3 million in 2023, primarily due to decreased metallurgical coal price indices [494]. - Adjusted EBITDA for 2024 was $105.8 million, down from $182.1 million in 2023, reflecting the impact of lower coal prices and macroeconomic factors [494]. - Operating income decreased to $16,636 in 2024, compared to $95,245 in 2023, reflecting a decline of 82.5% [615]. - Net income for 2024 decreased to $11.2 million from $82.3 million in 2023, representing a decline of 86.4% [512]. - The company reported a basic earnings per share of $0.11 for Class A shares in 2024, down from $1.06 in 2023 [615]. Capital Expenditures and Investments - Total capital expenditures for 2024 were $68.8 million, down from $82.9 million in 2023, reflecting progress on strategic growth projects [488]. - The Company expects capital expenditures of approximately $60-70 million in 2025, including roughly $20 million for growth capital related to increasing production at the Elk Creek Complex and Berwind mine [551]. - The Company spent $68.8 million on capital additions in 2024, down from $82.9 million in 2023, reflecting substantial progress in production growth initiatives [550]. Debt and Financing - Interest expense decreased to approximately $6.1 million in 2024 from $8.9 million in 2023, primarily due to debt repayment from previous acquisitions [507]. - The company completed a debt offering of $57.5 million in Senior Unsecured Notes due 2029, with an interest rate of 8.375% per annum [535]. - The company repaid $38.2 million more in acquisition-related financing in 2023 compared to 2024, resulting in a net cash used for financing activities decrease of $31.7 million [524]. - The Company had no valuation allowance for deferred income taxes as of December 31, 2024 [574]. Assets and Liabilities - Total current assets decreased to $167,634 in 2024 from $189,739 in 2023, a decline of 11.6% [613]. - Total liabilities increased to $311,880 in 2024, up from $296,231 in 2023, an increase of 5.3% [613]. - The Company’s total costs and expenses increased to $649,659 in 2024 from $598,279 in 2023, an increase of 8.6% [615]. - The Company has a total of $158.4 million in significant contractual obligations as of December 31, 2024, with $20.2 million due in the next year [552]. Production and Operational Performance - The company produced 3.7 million tons of coal in 2024, an increase from 3.2 million tons in 2023, with expectations for 2025 production volumes between 4.2 and 4.6 million tons [489]. - Cost of sales increased by approximately 8% to $533.3 million in 2024, with cost per ton sold decreasing by 6% from $143 in 2023 to $134 in 2024 [500]. - Total inventories increased to $43,358,000 in 2024 from $37,163,000 in 2023, representing a growth of about 16% [633]. Market Conditions and Future Outlook - The company expects metallurgical coal prices to remain volatile in the near term due to macroeconomic conditions and reduced steel demand [498]. - The company is exposed to fluctuations in market pricing due to its shift towards more export sales, which increases revenue volatility [581]. - The company continues to assess its rare earth elements and critical minerals deposit in Wyoming, with plans to begin construction of a pilot processing facility in mid to late 2025 [491]. Internal Controls and Compliance - The Company has identified a material weakness in internal control over financial reporting due to insufficient accounting resources [600]. - The Company’s internal control over financial reporting was not effective as of December 31, 2024, based on the criteria established by COSO [598]. - The Company had no significant uncertain tax positions requiring liability recognition as of December 31, 2024, and 2023, indicating a strong compliance position [655].

Company Overview - Ramaco Resources, Inc. operates and develops high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and is also a developing producer of rare earth and critical minerals in Wyoming [5] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [5] Dividend Announcement - The Board of Directors declared a quarterly Class A common stock dividend of $0.06875 per share, payable in Class B common stock [2][4] - Shareholders of record on May 30, 2025, will receive the dividend on June 13, 2025, with no fractional shares issued; instead, cash will be paid for any fractional shares [3][2] Market Conditions - Current metallurgical coal market conditions are described as weak, with expectations for continued weakness in the coming months [4] - Despite the reduced dividend, the company maintains a roughly 3% dividend yield, which is the highest among publicly traded metallurgical coal peers [4] - The company remains cautiously optimistic about market strengthening in the second half of the year due to rising supply cuts in the metallurgical space [4]