Ramaco Resources, Inc. is a metallurgical coal company that specializes in the operation and development of high-quality, low-cost metallurgical coal in the Appalachian region, with significant reserves located primarily in southern West Virginia and southwestern Virginia. With 59 million reserve tons and over a billion tons of measured and indicated resource tons, Ramaco focuses on serving domestic blast furnace steel mills and coke plants, as well as international markets. Their strategic approach includes expanding their existing mining complexes such as Elk Creek, Berwind, and Knox Creek, while also exploring opportunities in rare earth element recovery and potential carbon-based products.
The company's operations are characterized by advantages in geology, logistics, and cost-effectiveness, enabling them to deliver competitively priced coal to customers in various markets. They are committed to responsible mining practices that align with safety and environmental stewardship, as evidenced by their extensive compliance with federal and state regulations. Ramaco's future plans focus on increasing production capacity and exploring new growth opportunities, which are vital to meeting the rising global demand for metallurgical coal, particularly as the steel industry continues to recover post-pandemic.