The Blue Creek Mine is a single longwall mine and is expected to have the capacity to produce an average of 6.0 million short tons annually of metallurgical (met) coal over the first ten years of production. This will increase Warrior's annual nameplate capacity by approximately 75%. The Blue Creek Mine project also includes a rail load-out facility located in Fayette County, a barge load-out facility located in Walker County, and a state-of-the-art curved overland belt to deliver coal to the rail load-out ...

The Zacks Coal industry is facing multiple headwinds as the use of coal in U.S. thermal power plants continues to decline. Per the U.S. Energy Information Administration (“EIA”), in 2026, demand for coal is projected to decline as usage of renewable sources increases for electricity generation. In addition, given the ongoing energy transition, marked by utility operators systematically phasing out coal assets, coal demand is expected to drop in 2026.Per EIA, coal export volumes are expected to improve in 20 ...

Company Overview - Ramaco Resources operates a portfolio of mining assets across key Appalachian regions, supplying metallurgical coal to major steel producers in the U.S. and abroad. The company generates revenue primarily through the extraction and sale of coal to domestic and international steel producers and coke plants [6] - As of the latest financial data, Ramaco reported a total revenue of $579.5 million and a net income of -$32.9 million, with a dividend yield of 2% [5] Recent Developments - On November 14, Beck Capital Management disclosed a new position in Ramaco Resources, acquiring 151,835 shares valued at approximately $5 million, which accounts for 1.2% of the fund's $433.8 million in U.S. equity holdings [2][3] - The shares of Ramaco Resources were priced at $14.41, reflecting a 34% increase over the past year, outperforming the S&P 500, which increased by 15% during the same period [4] Financial Position - Ramaco's third-quarter results indicate record liquidity of $272 million and a net cash position of over $77 million, marking its strongest balance sheet on record. Cash costs remained competitive at $97 per ton, with adjusted EBITDA reported at $8.4 million despite declining benchmark coal prices [10] - The company is transitioning beyond coal, with plans to accelerate the development of its Brook Mine in Wyoming, aiming to produce approximately 3,400 tons per year of rare earth and critical mineral oxides, representing a 175% increase from prior expectations [11]

Core Company Overview - Core Natural Resources, Inc. (NYSE: CNR) is a leading producer of high-quality metallurgical and thermal coals, operating a portfolio of large-scale, low-cost longwall mines, including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines [5] - The company was formed in January 2025 through the merger of CONSOL Energy and Arch Resources, and is headquartered in Canonsburg, Pennsylvania [5] Recent Operational Developments - Core has resumed longwall operations at its Leer South metallurgical mine in West Virginia, which had been idle since January 13, 2025, due to combustion-related activity [1] - The West Elk longwall mine in Colorado is now achieving consistent productivity levels after transitioning to the B-Seam, with expectations for continued improved performance [2] Management Commentary - The chairman and CEO of Core commended the operations team for prioritizing safety during the recovery and restart of the longwall system at Leer South, emphasizing the strategic importance of this asset [3] - The senior vice president and COO highlighted the professionalism and dedication of the operations team, projecting that Leer South will operate efficiently and effectively in 2026 [4] Financial Outlook - Core anticipates a significant improvement in financial performance in 2026 due to the restart at Leer South, improved geological conditions at West Elk, and substantial insurance recoveries related to the combustion event [4] - The company expects to benefit from the cessation of fire-suppression and idling costs at Leer South, as well as ongoing merger-related synergies [4]

Core Viewpoint - Ramaco Resources, Inc. has announced the dividend ratio for its Class B common stock for Q4 2025, reflecting its ongoing commitment to shareholder returns through stock dividends [1][2]. Dividend Announcement - The board of directors has declared a quarterly Class B common stock dividend of $0.1780 per share, payable on December 19, 2025, to shareholders of record as of December 5, 2025 [2]. - Class B common stockholders will receive shares based on the closing transaction price of $12.37 per share on the record date, resulting in each stockholder receiving 0.014390 of one share for each share held [3][4]. - No fractional shares will be issued; instead, cash will be paid for any fractional shares based on the fair value determined at the close of Nasdaq on the record date [5]. Company Overview - Ramaco Resources, Inc. operates as a dual platform critical mineral company, focusing on high-quality, low-cost metallurgical coal in Central Appalachia and developing coal, rare earth elements, 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 coal mine and rare earth development near Sheridan, Wyoming [6]. - In 2023, a significant deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine, and the company operates a carbon research facility related to advanced carbon products derived from coal [7].

Core Insights - Ramaco Resources, Inc. is set to feature its Chairman and CEO, Randall W. Atkins, in an interview on Fox Business, highlighting the company's strategic position in the U.S. critical mineral industry amid China's restrictions on rare earths [1][2] 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 [3] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [3] - In 2023, Ramaco discovered a major deposit of primary magnetic rare earths and critical minerals at its Wyoming mine, which is significant for the U.S. mining landscape [3] Project Highlights - The Brook Mine project in Sheridan, Wyoming, is notable as the first new rare earth mine developed in the U.S. in over 70 years and the first new coal mine in Wyoming in more than 50 years [2] - The interview will provide updates on the Brook Mine project, emphasizing its importance in the context of U.S. mineral independence [2]

Core Viewpoint - Alpha Metallurgical Resources, Inc. has announced its domestic sales commitments for 2026, securing approximately 3.6 million tons of metallurgical coal at an average price of $136.75 per ton [1][2]. Group 1: Sales Commitments - The company has finalized commitments for roughly 3.6 million tons of metallurgical coal for domestic customers in the 2026 calendar year [2]. - The average price for the committed coal is set at $136.75 per ton, which includes a small amount of carryover tons from 2025 [2]. Group 2: Company Overview - Alpha Metallurgical Resources is a Tennessee-based mining company with operations in Virginia and West Virginia, supplying metallurgical products to the global steel industry [3]. - The company is recognized for its high-quality reserves and significant port capacity, ensuring reliable supply to its customers [3].

Core Viewpoint - Ramaco Resources, Inc. has announced the pricing of a public offering of $300 million in 0% convertible senior notes due 2031, with net proceeds expected to be approximately $290.9 million, plus an additional $45 million for over-allotments [1][8]. Group 1: Offering Details - The offering consists of $300 million aggregate principal amount of convertible senior notes, with total net proceeds of approximately $290.9 million [1]. - The underwriters have the option to purchase up to an additional $45 million in notes to cover over-allotments [1]. - No new shares of Class A common stock will be issued in this offering, and Ramaco will not receive any proceeds from the concurrent delta offering [1]. Group 2: Concurrent Delta Offering - Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC will offer shares of Class A common stock borrowed from third parties to facilitate hedging transactions for purchasers of the notes [2]. - The initial offering price for the Class A common stock is set at $24.25 per share, with subsequent sales occurring at prevailing market prices [2]. - The concurrent delta offering is scheduled to settle on November 7, 2025, and is contingent upon the completion of the notes offering [2]. Group 3: Company Overview - Ramaco Resources, Inc. operates and develops metallurgical coal in southern West Virginia and southwestern Virginia, and is also involved in producing coal, rare earth elements, and critical minerals in Wyoming [4]. - The company has four active metallurgical coal mining complexes in Central Appalachia and is developing a rare earth and coal mine near Sheridan, Wyoming [4].

Core Points - Ramaco Resources, Inc. plans to offer $300 million in convertible senior notes due 2031, with an option for underwriters to purchase an additional $45 million for over-allotments [1][2] - Concurrently, Goldman Sachs and Morgan Stanley will facilitate a separate offering of Ramaco's Class A common stock to hedge transactions related to the notes offering [2][3] - The completion of both offerings is interdependent, meaning the notes offering is contingent on the successful completion of the concurrent stock offering [2][3] Company Overview - Ramaco Resources, Inc. operates and develops metallurgical coal in southern West Virginia and southwestern Virginia, and is also involved in producing coal, rare earth elements, and critical minerals in Wyoming [4] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [4]

Core Leadership Transition - Core Natural Resources, Inc. has appointed Jimmy Brock as the new CEO, succeeding Paul A. Lang, effective immediately [1] - Brock will collaborate with Lang during the transition period, which will last until the end of the year [1] Company Overview - Core Natural Resources is a leading producer of high-quality metallurgical and thermal coals, operating large-scale, low-cost longwall mines [4] - The company was formed in January 2025 through the merger of CONSOL Energy and Arch Resources, and is based in Canonsburg, Pennsylvania [4] - Core has a strategic logistical network, including ownership of two East Coast marine export terminals, enhancing its access to global coal markets [4] Leadership Background - Jimmy Brock has over 40 years of experience in the coal industry, previously serving as CEO and board member of CONSOL Energy [3] - He has held various positions including chief operating officer and mine foreman, and currently chairs several industry associations [3]