, /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") Ramaco is pleased to announce that its Chairman and CEO, Randall W. Atkins, will be featured in an upcoming interview with Francine Lacqua on Monday October 13 with Bloomberg Television Europe's Leaders with Lacqua. He will also be appearing on a segment of BBC News Business Todaywith David Wadell which will air later that same week. These appearances come at a pivotal moment for the U.S. critical mineral industry ...

His address will highlight Ramaco's pioneering approach to coal and carbon products, the company's leadership in rare earth and critical minerals development, and the broader implications for global energy markets. "It is a privilege to bring a proud United States' pro-coal message of innovation to the world stage at the IEA- IEF-OPEC Symposium," said Randall Atkins. "Coal continues to play a vital role in global energy markets—not only as a foundation for steelmaking and energy, but as a springboard for in ...

Core Insights - Ramaco Resources, Inc. has engaged Hatch Ltd. to lead the Pre-Feasibility Study (PFS) for the Brook Mine rare earth elements and critical minerals project, marking a significant step in the project's development [1][2][3] Group 1: Project Development - Hatch was selected due to its technical expertise and proven experience in rare earth processing, which is crucial for the project's next phase [2][3] - The PFS will include test-work support, pilot plant design, and process flowsheet optimization, serving as a foundational document for future permitting and investment discussions [1][3][4] - The Brook Mine is estimated to contain 1.7 million tons of total rare earth oxide (TREO), with previous assessments confirming the project's commercial and technological feasibility [4] Group 2: Company Background - Ramaco Resources operates in southern West Virginia and southwestern Virginia, focusing on metallurgical coal and developing rare earth and critical minerals 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] - Ramaco holds approximately 76 intellectual property patents and related agreements, supporting its innovative approaches in the industry [5]

Core Viewpoint - Ramaco Resources, Inc. successfully closed a public offering of Class A common stock, raising approximately $200 million to fund its development projects and strategic growth opportunities [1][3]. Group 1: Offering Details - The company sold 10,666,667 shares of Class A common stock at a price of $18.75 per share, resulting in gross proceeds of around $200 million before expenses [1]. - Yorktown Energy Partners, as selling stockholders, granted underwriters a 30-day option to purchase additional shares worth up to $30 million, which was fully exercised [2]. - The sale of additional shares is expected to be completed on August 8, 2025, with no proceeds going to the company from this sale [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate the development of the company's rare earth elements and critical minerals project, as well as for strategic growth opportunities and general corporate purposes [3]. Group 3: Company Overview - Ramaco Resources operates in southern West Virginia and southwestern Virginia, focusing on high-quality metallurgical coal and developing rare earth and critical minerals in Wyoming [6]. - The company has four active metallurgical coal mining complexes and is in the initial stages of production for a rare earth and coal mine in Wyoming, where a significant deposit of primary magnetic rare earths was discovered [6].

Core Viewpoint - Ramaco Resources, Inc. has announced an upsized underwritten public offering of Class A common stock, aiming to raise approximately $200 million through the sale of 10,666,667 shares at a price of $18.75 per share [1][3]. Offering Details - The offering includes a 30-day option for underwriters to purchase an additional $30 million of Class A common stock at the public offering price [2]. - The offering is expected to close on August 7, 2025, pending customary closing conditions [3]. Use of Proceeds - The net proceeds from the offering will be utilized to accelerate the development of the company's rare earth elements and critical minerals project, pursue strategic growth opportunities, and for general corporate purposes [3]. Company Background - Ramaco Resources, Inc. operates in southern West Virginia and southwestern Virginia, focusing on high-quality, low-cost metallurgical coal and is developing coal, rare earth, and critical minerals in Wyoming [7]. - The company has four active metallurgical coal mining complexes and is in the initial stages of production for a rare earth and coal mine in Wyoming, where a significant deposit of primary magnetic rare earths was discovered [7].

Core Viewpoint - Ramaco Resources, Inc. has initiated a $150 million underwritten public offering of its Class A common stock to fund the development of its rare earth elements and critical minerals project, along with other strategic growth opportunities and general corporate purposes [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional $22.5 million of Class A common stock at the public offering price, less underwriting discounts [1]. - Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are the lead joint book-running managers for the offering [3]. - A shelf registration statement for the offered securities was filed with the SEC and became effective on August 5, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to accelerate the development of the company's rare earth elements and critical minerals project, pursue strategic growth opportunities, and for general corporate purposes [2]. Group 3: Company Overview - Ramaco Resources 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 [6]. - 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 [6]. - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine, and the company holds approximately 76 intellectual property patents and related agreements [6].

SOURCE Ramaco Resources, Inc. Earlier this year, Wyoming Governor Mark Gordon approved a Wyoming Energy Authority recommended $6.1 million Energy Matching Fund grant award to support the construction of a pilot-scale processing facility at the Brook Mine. Construction is planned to begin later this year. ABOUT RAMACO RESOURCES Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and a developing producer of coal ...

Core Insights - Ramaco Resources, Inc. will receive a Preliminary Economic Assessment (PEA) of its Brook Mine from Fluor Corporation on July 9, 2025, which will be presented to the Board of Directors [1] - Following the presentation, Ramaco expects to release a summary of the updated information on its website within the week [1] 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 [2] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production at a coal mine and rare earth development near Sheridan, Wyoming [2] - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine [2] - Ramaco 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 [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 [1] - The company has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development project near Sheridan, Wyoming, which is in the initial stages of production [1] - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine [1] Intellectual Property and Research - Ramaco Resources holds approximately 76 intellectual property patents, pending applications, exclusive licensing agreements, and various trademarks related to its operations [1] - The company operates a carbon research and pilot facility focused on producing advanced carbon products and materials from coal [1] Communication and Investor Relations - Additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, is available on its website [1] - Investor relations can be contacted via email or phone for further inquiries [2]

Core Insights - Ramaco Resources, Inc. has appointed former U.S. Senator Joseph Manchin III as an independent member of its Board of Directors effective April 18, 2025, bringing significant experience in energy policy and economic development [1][2]. Company Overview - Ramaco Resources, Inc. is a leading producer of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and is also developing coal, rare earth, and critical minerals in Wyoming [5]. - The company operates four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production at a coal mine and rare earth development site 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]. Strategic Importance of Appointment - Senator Manchin's extensive background in national defense and critical mineral supply chains is expected to provide valuable strategic advice as Ramaco advances its rare earth element development in Wyoming [3]. - His advocacy for metallurgical coal and the U.S. mining industry aligns with Ramaco's mission to secure America's energy and industrial future [4]. Leadership Perspective - Randall Atkins, Chairman and CEO of Ramaco, expressed that Senator Manchin's experience and insight will be invaluable as the company expands its role in developing domestically sourced minerals critical to national security [4]. - Senator Manchin highlighted the importance of coal in shaping communities and powering the nation, emphasizing his commitment to supporting Ramaco's initiatives in metallurgical coal production and critical mineral development [4].