#United States #Ramaco Resources #Lexington #Brook Mine #Fluor Corporation

Fluor Corporation's Preliminary Economic Assessment of Ramaco Resources' Brook Mine

On July 9, 2025, Ramaco Resources, Inc. (NASDAQ: METC, METCB) is set to receive a crucial Preliminary Economic Assessment (PEA) for its Brook Mine from the renowned Fluor Corporation. This assessment is a significant milestone for Ramaco as it endeavors to navigate the complex landscape of metallurgical coal production and critical mineral extraction.

The PEA will be presented during a scheduled Board of Directors meeting, where key stakeholders will have the opportunity to delve into the findings that Fluor will deliver. Following this presentation, Ramaco intends to share a comprehensive summary of the updated information on its official website later this week, making it accessible to investors and interested parties.

Ramaco Resources operates at the forefront of mining innovation, particularly in the realm of metallurgical coal, renowned for its applications in steel manufacturing. The company is strategically located in southern West Virginia and southwestern Virginia, and is also expanding its reach into critical minerals, particularly rare earth elements, in Wyoming.

The Brook Mine project has garnered attention due to its promise of not just coal but also rare earth materials, a sector that is gaining momentum as global demand for these resources skyrockets. Recently, Ramaco discovered a major deposit of primary magnetic rare earths at its Sheridan, Wyoming mine, which adds another layer of potential to its portfolio.

The company has developed a carbon research and pilot facility adjacent to this mine aimed at producing advanced carbon products from coal. Such innovative strides position Ramaco as a forward-thinking entity in the mining industry, capitalizing on the ever-evolving demand for sustainable and high-quality mineral resources.

Currently, Ramaco manages four active metallurgical coal mining complexes within Central Appalachia and is poised for growth, particularly with the increasing global focus on rare earth minerals, which play a pivotal role in many modern technologies including electronics, electric vehicles, and renewable energy solutions. The assessment from Fluor is foundational in determining the project's commercial viability, guiding future investment and operational strategies.

Fluor Corporation, which is known for its engineering and construction capabilities, is tasked with providing an objective analysis of the Brook Mine's potential. This report will assess both the commercial and technical feasibility of the project, a crucial step that Ramaco must navigate as it strives to expand its operations and capitalize on current market dynamics.

As Ramaco gears up for this pivotal moment, all eyes will be on the Board's reaction to Fluor's findings. The presentation marks not only a moment of introspection for the company but also an opportunity for transparency with investors and stakeholders.

The outcome of this Preliminary Economic Assessment could significantly influence Ramaco's operational decisions moving forward, particularly in a sector where market conditions swiftly change. Ramaco Resources continues to demonstrate its commitment to innovation and growth, aiming to solidify its position in the competitive landscape of mining and resource extraction.

In summary, the upcoming PEA from Fluor Corporation is more than just a report; it's a strategic tool that may dictate the trajectory of Ramaco's future in both coal and critical minerals. As we wait for the official release, we are reminded of the importance of due diligence and informed decision-making in the mining industry. Ramaco Resources' continuous focus on sustainable practices and resource management is an example for industry leaders to follow in a rapidly changing economic environment.