A coal miner turned rare earth behemoth? It’s no exaggeration. Ramaco Resources, with a pocket full of productive and safe coal operations in Appalachia, took a chance on a Wyoming property that may ultimately produce an enormous payday for Ramaco, as a result of an enormous rare earth find beneath the surface. NAM talks to Ramaco’s Chairman, CEO and Founder…
Read MoreA newly released independent interim techno-economic report by Fluor has revealed that Ramaco Resources’ Brook mine in Wyoming – acquired as a coal operation but found to be prolific for rare earth elements – is both commercially and technically feasible. Ramaco is hoping to extract valuable rare earth elements (REEs) and critical minerals from unconventional coal and carbonaceous ore deposits…
Read MoreRamaco Resources said Fluor Corporation and Hazen Research are helping to advance the development of rare earth and critical mineral deposits at its Brook mine site in Wyoming. Fluor will conduct a techno-economic assessment of the mining operation, as well as design a rare earth and critical mineral refining and processing demonstration plant. The company is planning to start construction…
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Well, it’s finally here. Like it or not, we are in the last few weeks of 2023, a time to wrap up projects, assess the status of others, and for some, to look introspectively at what’s to come. There are a number of newsworthy turns in the industry that involved parties did a great job of keeping details under wraps…
Read MoreCoal producer Ramaco Resources has, after years of teaming with the U.S. Department of Energy’s National Energy Technology Laboratory (NETL), acquired a patent for the commercial development of a coal-to-products technology that uses coal as feedstock to help create vehicle batteries, construction and infrastructure materials, and more. The process involves a conversion of coal and coal-related mining waste to high-quality,…
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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…
Read MoreFollowing 18 months of extensive core drilling and independent chemical analysis, Ramaco Resources and researchers from the Department of Energy’s National Energy Technology Laboratory believe that the former’s Brook mine in Wyoming contains perhaps the largest unconventional deposit of rare earth elements discovered in the United States. In particular, the mine ranks among the highest relative concentrations yet discovered of…
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Most everyone begins a new year with a resolution. Personal resolutions widely differ, but for many, doing something that involves a positive impact on others – the act of “paying it forward” – is an important mission many remember and put to action throughout the year. On a corporate and organizational level, there seems to be a consistent flow of…
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Kentucky-headquartered coal miner Ramaco Resources is focusing on philanthropy for the support of coal communities with its new charitable organization, the Ramaco Foundation.
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Kentucky-based coal miner Ramaco Resources has confirmed a “material methane ignition” at its Berwind complex in McDowell County, W.Va. The company said that, as the mine was idle at the time of the incident on July 10, no one was in the mine – and no injuries or fatalities were reported. The cause of the ignition is unknown, but an…
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