Company Overview & Strategy - Ramico Resources acquired the Brook mine site 15 years ago and permitted it 5 years ago [1] - The company shifted its focus from a traditional coal mine to a critical mineral mine with rare earths co-mingled with coal [2] - Ramico Resources aims to establish a vertically integrated supply chain from extraction to rare earth oxides production [3] - The company is considering expanding its supply chain to include magnets or even semiconductor wafers [3][4] Government & Industry Dynamics - The US government is taking steps to create a level playing field in the rare earth industry to counter China's dominance [5][6] - Ramico Resources has been working with national labs from the Department of Energy and is in discussions with the Department of Defense [7] - Government involvement is deemed necessary to support the nascent rare earth industry and ensure a reliable supply [10][11] Resource Potential - The company has discovered approximately 17 million tons of rare earths, utilizing only about one-third of the mine site [7] - The US uses approximately 10,000 tons of rare earths per year, suggesting the mine could supply the US for over 100 years [8]

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]