Ramaco Resources and Ramaco Rare Earth will host a ribbon cutting and groundbreaking ceremony on July 11 to commemorate the opening of the Brook Mine Carbon Ore Rare Earth project – the first new rare earth mine in the United States in more than 70 years and the first new coal mine in Wyoming in over 50 years.
The event, themed “American Independence: A Rare Earth Revolution,” will take place at Ramaco’s iCAM Technology Center in Ranchester, Wyo., and is scheduled to feature remarks from national and state leaders. This includes U.S. Secretary of Energy Chris Wright, Wyoming Governor Mark Gordon, U.S. Senators John Barrasso and Cynthia Lummis, U.S. Representative Harriet Hageman and former U.S. Senator and Ramaco Board member Joe Manchin.
“This is more than a ribbon cutting – it’s a declaration of America’s resolve to reclaim its leadership in critical minerals and energy independence,” said Randall W. Atkins, chairman and chief executive of Ramaco Resources. “We are proud that Ramaco will be developing the first new mine to lead the United States in creating a viable domestic supply line of strategic rare earths and critical minerals.”
Atkins continued, “The magnitude of our deposit is such that the Brook mine will be able to supply a substantial portion of the critical supply needed for our country for many decades to come. We have been able to find these critical materials associated with coal, an abundant resource that indeed the United States possesses the world’s largest supply. This demonstrates that coal will continue to play a vital role in supplying our nation’s critical minerals as well as energy requirements. China may now be dominating these critical materials. But this will be America’s rare earth mine.”
The permitted Brook mine comprises over 15,800 acres outside of Sheridan, Wyo., one of the largest privately controlled mineral reserves in the Western United States.
Source: Ramaco Resources