Ramaco Resources, Inc. (NASDAQ: METC, METCB) (“Ramaco” or the “Company”) Ramaco is pleased to announce that Randall W. Atkins, Chairman and CEO, will speak today at the 7th IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks, hosted by the International Energy Agency (IEA) in Paris, France. The biennial symposium, jointly organized by the IEA, the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC), is a central element of the ongoing trilateral cooperation mandated by the G20 leaders.
Mr. Atkins will speak on “The Renaissance of Coal in the Age of Carbon Products, Critical Minerals and AI,” offering insights into coal’s evolving role amid technological innovation, the increasing importance of critical minerals and the transformative impact of artificial intelligence. A recognized leader in the energy sector and the driving force behind Ramaco Resources, Mr. Atkins brings extensive expertise in energy markets, innovation and business leadership.
His speech will highlight Ramaco’s pioneering approach to coal and carbon products, the company’s leadership in the development of rare earths and critical minerals, and the broader implications for global energy markets.
‘It’s a privilege to bring a proud one United States’ pro-coal message of innovation on the world stage at the IEA-IEF-OPEC symposium,” he said Randall Atkins . “Coal continues to play a critical role in global energy markets – not just as a base for steel production and energy, but as a springboard for innovation in carbon products, key minerals and advanced technologies.
“Ramaco’s work developing the Brook Mine in Wyoming, the first new rare earth mine in the United States in more than 70 years – underlines the vital contributions that coal and American mining can make to the future of critical minerals and energy security in the Western world. We are proud to lead the way in demonstrating how coal, combined with technological advances, can help meet the world’s evolving critical strategic needs.”
Randall Atkins was appointed by the White House as the US representative on the IEA’s International Advisory Board for Coal and Critical Minerals. He is also the former Chairman of the National Coal Council of the Dept. of Energy and a member of the board of the National Mining Association.
This year’s event in Paris follows the IEA-IEF-OPEC symposium on energy prospects Riyadh and the joint workshop on the interactions between physical and financial energy markets Vienna reflecting the organizations’ commitment to promoting dialogue on critical energy topics.
The symposium brings together leading experts, policymakers and industry executives to discuss the future of the gas and coal markets and provides a unique platform for collaboration and knowledge exchange.
ABOUT RAMACO SOURCES
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in the southern United States. West Virginia and southwestern Virginia and a developing producer of coal, rare earths and critical minerals Wyoming . The executive offices are inside Lexington, KY with operational offices in Charleston, West Virginia And Sheridan, WY . The company currently has four active metallurgical coal mining complexes Central Appalachia and one rare earth development and coal mine nearby Sheridan, WY in the initial stages of production. In 2023, the company announced that a large quantity of primary magnetic rare earths and critical minerals had been discovered at the mine near Sheridan, WY . Adjacent to the Wyoming At the 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 has a collection of approximately 76 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 https://www.ramacoresources.com. For more information, contact Investor Relations at (859) 244-7455.
CAUTIONARY NOTES REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Ramaco Resources’ expectations or beliefs regarding guidance, future events, expected revenues, future demand and production levels, macroeconomic trends, the development of current projects, costs and expectations regarding operating results, and the results described in this press release may not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are beyond the control of Ramaco Resources, that could cause actual results to differ materially from those discussed in the forward-looking statements. These factors include, without limitation, unexpected delays in our current mine development activities, the ability to successfully ramp production at our complexes in accordance with the Company’s growth initiatives, counterparties’ failure to meet our sales commitments, increased government regulation of coal in the the United States or internationally, the impact of tariffs imposed by the United States and foreign governments, the continued decline in demand for coal in export markets and the underperformance of the railways, the Company’s ability to successfully develop the Brook Mine REE/CM project, including whether the Company’s exploration target and estimates for such a mine are achieved, the timing of initial production of rare earth concentrates, the development of a pilot and ultimately full commercial processing facility. Any forward-looking statement speaks only as of the date on which it is made and, except as required by law, Ramaco Resources undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors arise from time to time, and it is not possible for Ramaco Resources to predict all of these factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements contained in Ramaco Resources’ filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The risk factors and other factors set forth in Ramaco Resources’ SEC filings could cause actual results to differ materially from those contained in any forward-looking statement.
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SOURCE Ramaco Resources, Inc.
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