Ramaco Resources, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Randall W. Atkins
- Full Time Employees
- 900
- Sector
- Energy minerals
- Industry
- Coal
- Address
- 250 West Main Street Lexington KY United States 40507
- IPO Date
- Feb 3, 2017
- CIK
- 0001687187
- Website
- ramacoresources.com
- Similar Companies
- Business
- Ramaco Resources, Inc. operates as a developer and producer of high-quality metallurgical coal and rare earth elements primarily in the United States. It manufactures and markets metallurgical coal products including high volatile A bituminous coal, used as a critical feedstock for steel manufacturing and coke production. The company operates three metallurgical coal mine complexes and processing facilities located in southern West Virginia and southwestern Virginia, serving domestic and international steel producers and coke plants. Ramaco is also advancing its rare earth elements and critical minerals platform through the development of the Brook Mine in Wyoming, a large-scale, permitted deposit containing heavy magnetic rare earth elements and critical minerals used in defense, energy, batteries, semiconductors, and advanced manufacturing technologies. Founded in 2007 and headquartered in Lexington, Kentucky, Ramaco Resources is transitioning into a dual-platform company combining its established first-quartile metallurgical coal operations with the emerging critical minerals business under its Ramaco Rare Earths, Inc. subsidiary. Recent major developments include the opening of the Brook Mine in July 2025, marking the first new rare earth mine in the U.S. in over 70 years, and a $200 million public offering completed in 2025 to fund the expansion of rare earth production and processing capabilities. The company announced plans to upsize Brook Mine coal production to approximately five million tons annually and is developing a Strategic Critical Minerals Terminal (SCMT) to stockpile and manage rare earth oxides, enhancing its upstream, midstream, and downstream supply chain integration for critical minerals. In addition to its rare earth initiatives, Ramaco Resources continues to optimize its metallurgical coal business with the acquisition of coal land and royalty interests that improve its cost structure and reserve base. The company’s recent strategic moves emphasize growth in critical minerals while maintaining a strong position as a leading U.S. metallurgical coal supplier. Ramaco Resources employs around 1,000 people and consistently receives national safety and environmental awards. The company is positioned to support U.S. strategic supply chain needs through both coal and critical minerals production sectors. Ramaco targets steel producers, coke plants, advanced manufacturing, defense, and energy sectors primarily across North America, with expanding critical mineral market opportunities. It also engages in toll processing services for third-party rare earth ores, complementing its vertically integrated rare earth and critical minerals platform. Recent agreements and discussions with major customers and public-private partnerships underscore Ramaco’s strategic focus on becoming a comprehensive domestic source of rare earths and critical minerals essential to national security and economic prosperity. Ramaco Resources, Inc. is listed on NASDAQ under the ticker METC and continues to evolve its product offerings and operational footprint to address global supply chain challenges in metallurgical coal and critical mineral resources.
Company News
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Randall W. Atkins Elected as Chairman of the International Energy Agency's Coal Industry Advisory Board
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Former U.S. Senator Joe Manchin to Step Down from Ramaco Resources Board of Directors - Company expresses deep appreciation for his dedicated service, counsel and continued support
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Ramaco Resources, Inc. Issues Statement Regarding Stock Activity