Michael Woloschuk Appointed as EVP to Lead Ramaco's Critical Minerals Project at Brook Mine
Ramaco Resources Hires Michael Woloschuk as EVP for Critical Mineral Operations
In a significant move to enhance its strategic capabilities in the critical minerals sector, Ramaco Resources, Inc., a reputed player in the mining industry, has appointed Michael Woloschuk as the new Executive Vice President for Critical Mineral Operations. This appointment was officially announced on May 12, 2025, and is seen as a crucial step in driving forward the development of the Brook Mine, a pivotal project located in Sheridan, Wyoming.
Woloschuk comes to Ramaco with an impressive pedigree, boasting over three decades of global experience in project development across various sectors of the critical minerals industry. His previous role involved serving as the Global Executive Director of Critical Minerals at Fluor Corporation, where he had a significant hand in the advancement of the Brook Mine project. His deep understanding and involvement in the project made him a natural fit for Ramaco as they look to capitalize on the growing demand for rare Earth elements and critical minerals, essential components in numerous modern technologies.
At Fluor, Woloschuk’s responsibilities encompassed the establishment and management of the company's global critical minerals business. His wealth of experience spans various aspects of the industry, including geology, mining, processing, finance, and project execution. The qualifications he brings are complemented by his academic achievements; he holds degrees in chemistry and chemical engineering from the University of Saskatchewan.
As he transitions into this new role, Woloschuk plans to relocate from Brisbane, Australia, to the United States. His operational base will be split between Ramaco’s corporate headquarters located in Lexington, Kentucky, and the Brook Mine itself. This dual-location strategy is expected to enhance his contributions to both the strategic direction of the company and to the hands-on management of the Brook Mine operations.
Ramaco’s Chairman and CEO, Randall Atkins, expressed his enthusiasm regarding the appointment, stating, "We are thrilled that Mike has agreed to bring the depth of his knowledge, experience, and leadership to Ramaco. His proven track record in senior executive roles and project management in the critical minerals sector allows us to initiate a new phase of growth and development for our key projects."
The Brook Mine project represents a promising opportunity for Ramaco, as it aims to unveil what could be world-class deposits of critical minerals. As the U.S. and global markets strive for sustainable solutions and a reliable domestic supply chain for critical materials, the timing of Woloschuk's hire couldn’t be more critical. His strategic role is expected to amplify efforts to advance commercial activities as well as solidify partnerships that enhance the project's overall feasibility.
"I am excited to accept this pivotal role with Ramaco, and to contribute to the company's strategic vision and commitment to develop the Brook Mine into a meaningful domestic supply of critical minerals," Woloschuk said. His confidence in the project is reflected by his long-standing involvement, marking it as one of the most exciting critical mineral developments he's encountered in his extensive career.
Ramaco Resources continues to position itself as a notable player in the renewable energy landscape, enhancing its operations not only in metallurgical coal but also in the burgeoning field of rare Earth elements. The company's strategy includes harnessing advanced technologies and innovative practices to extract and produce these essential materials efficiently.
With Michael Woloschuk at the helm of its critical mineral operations, Ramaco is poised to leverage its exceptional potential in the Brook Mine project, ensuring a leading role in the growth and sustainability of America’s vital mineral resources.
In summary, the strategic appointment of Woloschuk signifies Ramaco's forward-thinking approach and commitment to developing essential resources in a market that is becoming increasingly reliant on sustainable practices for critical minerals. As global supply chains continue to evolve, Ramaco's initiatives and leadership will be key in shaping the future of the mining industry.