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Ramaco Resources(METC) - 2025 Q1 - Earnings Call Presentation
2025-05-12 12:06
Financial Performance & Growth - Ramaco's revenue reached $666 million in 2024[11] - Adjusted EBITDA was $106 million in 2024[11] - Net income was $11 million in 2024[11] - Sales volume was 4 million tons in 2024[11] - Net debt to adjusted EBITDA ratio was less than 0.7x[11] - Cash costs per ton decreased by 17% from $118 in 1Q24 to $98 in 1Q25[14, 26] - The company anticipates growing production at least 10% in 2025 compared to 2024[46] 2025 Guidance - The company projects production between 3900 thousand tons and 4300 thousand tons in 2025[34] - Sales are guided between 4100 thousand tons and 4500 thousand tons[34] - Capital expenditures are estimated between $55 million and $65 million[34] Rare Earth Elements (REE) & Critical Minerals Potential - The Brook Mine has a significant percentage of magnetic REEs and is rich in gallium, germanium, and scandium[59] - Over 40% of the total estimated REO basket consists of primary magnetic REOs, gallium, germanium, and scandium[60]