Ramaco Resources has undergone a strategic internal corporate reorganization designed to align the company’s corporate organization with its distinct business activities and asset portfolios. By organizing its assets and operations into clearly defined business divisions, Ramaco said it intends to enhance the development and financing flexibility as well as position each division to pursue dedicated financing strategies tailored to its…
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Ramaco to start REE mining at Wyoming site
Ramaco Resources said its Board of Directors has approved the commencement of initial mine development in the fourth quarter at its Brook mine in Sheridan, Wyo. – the first new rare earth elements (REE) mine in the United States since 1952. The operation will target mining unconventional REE deposits found in coal and adjacent clays and carbonaceous material. Ramaco said…
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