Ramaco Retains Hatch to Lead Pre-Feasibility Study for Brook Mine REE/CM Project

Core Insights - Ramaco Resources, Inc. has engaged Hatch Ltd. to lead the Pre-Feasibility Study (PFS) for the Brook Mine rare earth elements and critical minerals project, marking a significant step in the project's development [1][2][3] Group 1: Project Development - Hatch was selected due to its technical expertise and proven experience in rare earth processing, which is crucial for the project's next phase [2][3] - The PFS will include test-work support, pilot plant design, and process flowsheet optimization, serving as a foundational document for future permitting and investment discussions [1][3][4] - The Brook Mine is estimated to contain 1.7 million tons of total rare earth oxide (TREO), with previous assessments confirming the project's commercial and technological feasibility [4] Group 2: Company Background - Ramaco Resources operates in southern West Virginia and southwestern Virginia, focusing on metallurgical coal and developing rare earth and critical minerals in Wyoming [5] - The company has four active metallurgical coal mining complexes and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [5] - Ramaco holds approximately 76 intellectual property patents and related agreements, supporting its innovative approaches in the industry [5]