Ramaco Advances Brook Rare‑Earth Mine and Operations

Ramaco Resources is accelerating development of its permitted Brook Mine in Wyoming, a world‑scale deposit of magnetic rare earth elements and critical minerals co‑located with coal.
Independent geologists and the Department of Energy have verified the deposit, and Fluor Corporation has independently confirmed technical pathways to process these host materials into rare‑earth oxides used for permanent magnets and other high‑value components.
The deposit contains elements critical to defense systems, batteries, semiconductors and medical devices, and the project positions Ramaco to strengthen domestic supply chains for minerals that have become constrained by foreign production.
Alongside the Brook project, Ramaco operates three metallurgical coal complexes in West Virginia and Virginia, on track to produce more than 4 million tons annually and targeting growth above 6 million tons in coming years; the company employs roughly 1,000 staff and cites industry safety and environmental recognitions.
Research partnerships with Department of Energy national laboratories support carbon‑materials innovation at a mine‑mouth facility in Wyoming, exploring coal‑derived feedstocks for carbon fiber, graphene and synthetic graphite.
Recent corporate moves include a $100 million stock repurchase authorization and a non‑binding memorandum of understanding with Mulberry Industries to bolster domestic rare‑earth and permanent magnet supply.