Core Insights - Ramaco Resources, Inc. has announced that its Chairman and CEO, Randall W. Atkins, has been appointed to the re-established National Coal Council (NCC) by U.S. Secretary of Energy Chris Wright, highlighting a renewed commitment to the coal industry and energy security in the U.S. [1][2] 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 [5]. - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production at a rare earth and coal mine near Sheridan, Wyoming [5]. - In 2023, Ramaco announced the discovery of a major deposit of primary magnetic rare earths and critical minerals at its Wyoming mine [5]. - The company operates a carbon research and pilot facility related to the production of advanced carbon products and materials from coal, holding approximately 76 intellectual property patents and various licensing agreements [5]. Industry Context - The re-establishment of the NCC under President Trump and Secretary Wright signifies a strategic move to advance the coal industry and emphasizes the importance of coal as a resource in shaping national energy policy [2][3]. - The NCC will provide expert advice and recommendations on coal-related scientific, technical, and programmatic issues, focusing on innovation and responsible energy development [3].
Randall W. Atkins Appointed to National Coal Council