Ramaco Resources to Collaborate with Goldman Sachs on Strategic Initiative to Establish First National Critical Minerals Stockpile
Prnewswire·2025-10-31 12:00

Core Insights - Ramaco Resources, Inc. has announced the establishment of a Strategic Critical Minerals Terminal (SCMT) at its Brook Mine facility in Wyoming, with Goldman Sachs acting as the exclusive structuring agent [1][4] - The SCMT aims to address supply chain risks and ensure access to strategic materials, positioning Ramaco as a leading producer of critical minerals and rare earth elements (REEs) in the U.S. [1][4] Company Overview - Ramaco Resources operates and develops high-quality, low-cost metallurgical coal and is expanding into coal, rare earth, and critical minerals production 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] SCMT Initiative - The SCMT will provide long-term stockpiling, storage, and inventory management solutions for critical minerals and REEs, including tolling and value-added services for third-party producers [2] - The terminal is designed to ensure safe and secure inventory management, making materials available to consumers at market prices [2] Strategic Location - The Brook Mine site is strategically located with direct access to the BNSF railroad and proximity to a major interstate highway, facilitating efficient transportation to defense contractors and industrial consumers [3] Commitment to National Security - The initiative supports the strengthening of America's critical minerals supply chain, national security, and innovation in the rare earths industry [4]