METC Profile
Ramaco Resources, Inc. is a leading producer and seller of metallurgical coal, a critical component in steel production. The company's extensive portfolio of coal properties spans multiple states and encompasses significant reserves. Key assets include the Elk Creek project in southern West Virginia, covering approximately 20,200 acres with 16 coal seams. This project is central to Ramaco's operations, providing high-quality metallurgical coal essential for steel manufacturing.
Another major asset is the Berwind property, which includes around 41,300 acres located on the West Virginia-Virginia border. This property features the Squire Jim seam coal deposits, known for their high metallurgical value. Additionally, Ramaco holds the Knox Creek property in Virginia, comprising roughly 62,100 acres. This extensive tract adds considerable depth to the company’s coal reserve base. The RAM Mine property, located in southwestern Pennsylvania, adds further diversity with approximately 1,570 acres of controlled mineral.
Ramaco Resources supplies metallurgical coal to both domestic and international markets, serving blast furnace steel mills and coke plants. The company's coal is integral to the production processes of its clients, who rely on its high-quality products to produce steel and other materials. Ramaco's focus on strategic coal reserves and efficient mining operations supports its role as a key player in the global metallurgical coal market.
Founded in 2015 and headquartered in Lexington, Kentucky, Ramaco Resources has quickly established itself in the coal industry. The company's strategic asset base, combined with its commitment to operational excellence, positions it as a significant contributor to the metallurgical coal sector. Ramaco continues to expand its footprint and enhance its capabilities to meet the evolving needs of its customers in the steel and coke industries.
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