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INVESTOR REMINDER: Berger Montague Notifies Ramaco Resources, Inc. (METC) Investors of a Class Action Lawsuit and Deadline
TMX Newsfile· 2026-02-25 15:06
Philadelphia, Pennsylvania--(Newsfile Corp. - February 25, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") on behalf of investors who purchased Ramaco securities during the period from July 31, 2025 through October 23, 2025 (the "Class Period").Investor Deadline: Investors who purchased Ramaco securities during the Class Period may, no later than March 31, 2026, seek to be ...
Project ramp-ups and capacity expansions to increase Australian coal output in 2026
Yahoo Finance· 2026-02-25 15:03
Australia’s coal mining industry remains a critical pillar of the national economy, with thermal coal accounting for more than 60% of total output and metallurgical coal comprising the remainder. Total coal production is estimated to have remained broadly flat in 2025 at 65.3 million tonnes (mt), reflecting only marginal growth over 2024. This stability was underpinned by the continued ramp-up of the Olive Downs Complex, which commenced operations in June 2023, alongside planned production increases at th ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2026 in Ramaco Lawsuit - METC
Prnewswire· 2026-02-25 14:00
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2026 in Ramaco Lawsuit - METC [Accessibility Statement] Skip NavigationNEW YORK, Feb. 25, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Ramaco Resources, Inc. ("Ramaco" or the "Company") (NASDAQ: METC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ramaco investors who were adversely affected by alleged securities fraud between July 31, 2025 and October ...
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Ramaco Resources, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - METC
Globenewswire· 2026-02-25 02:15
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Ramaco Resources, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2026, for a class action lawsuit [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 [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the March 31, 2026 deadline [2]. Group 2: Law Firm 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 [3]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Ramaco's defendants made materially false and misleading statements regarding the progress of mining activities at the Brook Mine, leading to an overstatement of development progress and misleading investors about the company's business prospects [4].
METC UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Ramaco Resources (METC) Investors of Securities Class Action Deadline on March 31, 2026
TMX Newsfile· 2026-02-25 01:35
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 [2][4][5]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses in Ramaco between July 31, 2025, and October 23, 2025, to discuss their legal options [1]. - The firm reminds investors of the March 31, 2026, deadline to seek the role of lead plaintiff in a federal securities class action against Ramaco [2]. - 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 [4]. Group 2: Allegations and Impact - A report by Wolfpack Research claims that Ramaco's Brook Mine is a "hoax" and that no actual mining has occurred since its groundbreaking in July 2025 [5]. - The report indicates that despite multiple site visits, no mining equipment or active work was observed at the site, leading to a significant decline in Ramaco's stock price by $3.81, or 9.6%, closing at $36.01 per share on October 23, 2025 [5]. - The allegations suggest that Ramaco overstated its development progress, which materially misled investors regarding the company's operations and prospects [4].
METC LAWSUIT ALERT: The Gross Law Firm Notifies Ramaco Resources, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2026-02-24 14:00
METC LAWSUIT ALERT: The Gross Law Firm Notifies Ramaco Resources, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline [Accessibility Statement] Skip NavigationNEW YORK, Feb. 24, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ramaco Resources, Inc. (NASDAQ: METC).Shareholders who purchased shares of METC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not requir ...
Ramaco Resources, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – METC
Globenewswire· 2026-02-23 20:55
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ramaco Resources, Inc. ("Ramaco" or the "Company") (NASDAQ: METC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ramaco investors who were adversely affected by alleged securities fraud between July 31, 2025 and October 23, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/ramaco-resources-inc-law ...
BUMA secures contract with Adaro at South Tutupan mine in Indonesia
Yahoo Finance· 2026-02-23 13:52
Group 1 - PT Bukit Makmur Mandiri Utama (BUMA) has secured a long-term contract with PT Adaro Indonesia for operations at the South Tutupan Mine, effective from April 1, 2026, to December 31, 2030 [1][2] - The contract involves the removal of approximately 239 million bank cubic metres of overburden and the extraction of 44 million tonnes of coal, averaging 50.5 million bank cubic metres and 9.3 million tonnes of coal annually [2] - This agreement enhances BUMA's revenue stability and long-term earnings, reinforcing its partnership with Adaro Indonesia, which has lasted over two decades [2][3] Group 2 - BUMA's president director, Ronald Sutardja, emphasized the significance of the contract as a testament to BUMA's operational delivery and reliability in managing complex mining operations [3] - BUMA International Group, established in 1990, operates in Indonesia, Australia, and the US, focusing on mining services, mine ownership, social enterprise, and technology [3][4] - The group expanded into mine ownership in 2024 by acquiring Atlantic Carbon Group and entered future-facing commodities by acquiring a stake in Australian company 29Metals [4]
Stocks in news: IDFC First Bank, Vedanta, Ola Electric, Bharti Airtel, Adani Power
The Economic Times· 2026-02-23 00:31
Financial Institutions - IDFC First Bank reported fraudulent activities involving Rs 590 crore from accounts linked to the Haryana government, with four employees suspended pending investigation [1] - YES Bank expects to close the financial year with a return on assets of 1%, reporting a net profit of Rs 952 crore for the December quarter, a growth of 55% year-on-year and 45% quarter-on-quarter [6] - State Bank of India aims to increase green advances to 7.5-10% by 2030, with 25% of these advances funded through green lines of credit, while the current green advances portfolio stands at 1.56% of total advances as of March 2025 [4][11] Energy Sector - Adani Group Chairman Gautam Adani reviewed power investments exceeding Rs 40,000 crore in Jharkhand and Bihar, highlighting the group's expanding presence in eastern India [5][11] - Coal India's Gevra mine is projected to become the world's top coal-producing mine next year, achieving an output of 63 million tonnes, surpassing US mines [8][11] Electric Vehicle Industry - Ola Electric plans to reduce its physical store count to about 550 by March-end, following a significant decline in market share and operational challenges, just a year after expanding to 4,000 stores [7][11] Cybersecurity - Zscaler, in partnership with Bharti Airtel, launched the AI and Cyber Threat Research Center to enhance national cyber resilience, focusing on critical sectors such as telecommunications, banking, and energy [10][11] Financing Activities - Vedanta Resources raised $350 million from global banks to refinance upcoming maturities and interest payouts, with participation from Middle Eastern lenders and major global banks [9][11]
Trump Targets Coal Plant Toxin Rules To Boost Power Supply
Benzinga· 2026-02-21 19:30
Core Viewpoint - The U.S. Environmental Protection Agency (EPA) under President Trump plans to ease limits on mercury and hazardous air pollutants from coal-fired power plants to lower compliance costs and support electricity supply amid rising energy demand linked to AI infrastructure growth [1][5]. Policy Shift and Legal Background - The proposal aims to revert to earlier pollution rules from the Obama administration, claiming that the previous framework provided sufficient health protection despite opposition from environmental organizations [3]. - The updated 2024 standards were upheld after the Supreme Court declined a legal challenge, indicating a legal backing for the current regulatory environment [3]. Economic Arguments and Industry Response - The EPA estimates that reverting to older limits could save utilities tens of millions of dollars annually over the next decade, which is supported by mining industry representatives citing the need for reliable baseload generation due to increasing power demand [5]. - Analysts have noted rising maintenance costs at aging coal facilities, which may further justify the rollback of regulations [5]. Broader Climate Policy Fallout - Critics argue that this rollback is part of a larger trend of regulatory changes aimed at reducing oversight of greenhouse gases, raising concerns about public health and environmental safety [7]. - Environmental organizations have expressed that weakening limits on mercury and toxic metals could lead to increased long-term healthcare costs [3].