LEXINGTON, Ky., March 26,
2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ:
METC, METCB, "Ramaco" or the "Company"), a leading operator and
developer of high-quality, low-cost metallurgical coal, today
updated the market on the catastrophic bridge collapse at
Baltimore. Ramaco expresses the
deepest sympathies for all impacted by this tragic accident. The
Company is unaffected by the collapse. All of the Company's export
throughput and shipments occur at other non-affected US East Coast
ports.
ABOUT RAMACO RESOURCES
Ramaco Resources, Inc. is an operator and developer of
high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia. Its executive offices are in
Lexington, Kentucky, with
operational offices in Charleston, West
Virginia and Sheridan,
Wyoming. The Company currently has four active metallurgical
coal mining complexes in Central
Appalachia and one development rare earth and coal mine near
Sheridan, Wyoming in the initial
stages of production. In 2023, the Company announced that a major
rare earth deposit of primary magnetic rare earths was discovered
at its mine near Sheridan,
Wyoming. Contiguous to the Wyoming mine, the Company operates a carbon
research and pilot facility related to the production of advanced
carbon products and materials from coal. In connection with these
activities, it holds a body of roughly 60 intellectual property
patents, pending applications, exclusive licensing agreements and
various trademarks. News and additional information
about Ramaco Resources, including filings with the Securities
and Exchange Commission, are available
at http://www.ramacoresources.com. For more
information, contact investor relations at (859) 244-7455.
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SOURCE Ramaco Resources, Inc.