Ramaco is advancing an exploration-phase rare earth elements, critical minerals, and thermal coal project in Wyoming. These rare earth elements and critical minerals include heavy magnetic rare earth elements that are crucial for national defense and economic prosperity.

If successfully developed, the Brook Mine has the potential to become a key domestic source of the critical materials needed for advanced military technology, batteries, medical devices, semiconductors, and much more. The project is initially focused on exploration and project advancement activities related to high-purity critical minerals such as gallium, alumina, and quartz, primarily targeting the semiconductor industry, as well as scandium oxide and mixed rare earth carbonate (MREC) for sale to third-party processors.

 Our estimates of rare earth and critical minerals at the Brook Mine are reported as in-place inferred mineral resources. Inferred mineral resources are not mineral reserves and do not have demonstrated economic viability.

Ramaco operates four mine complexes and processing facilities in West Virginia and Virginia. We have achieved production of almost 4 million tons of metallurgical coal annually and are a reliable provider of this critical feedstock to both domestic manufacturers and customers worldwide. Ramaco is regularly recognized with national safety and environmental awards and employs approximately 900 people.