Ramaco Resources, Inc. is a U.S.-based coal producer specializing in the extraction and sale of high‐grade metallurgical and steam coal. The company’s core operations are centered in southern West Virginia, where it operates the Elk Creek mining complex and the Alma metallurgical coal complex. These underground mines produce bituminous coal primarily used in steelmaking, as well as thermal coal for power generation. Ramaco also has development projects underway, including the planned Brook Mine and the acquisition of additional reserves aimed at supporting long‐term production growth.
Founded in 2013 by industry veteran Christopher Cline, Ramaco Resources went public in 2018 to fund its expansion into the metallurgical coal market. Over the years, the company has entered into offtake agreements with domestic and international steel producers, supplying coal to customers in North America, Europe, and Asia. Its vertically integrated model covers coal extraction, processing at on‐site facilities, and logistics through rail and river barge networks, enabling Ramaco to deliver product reliably to major steel mills and utility customers.
In May 2022, Ramaco closed a private offering of 8.375% Senior Notes due 2029 (NASDAQ: METCZ), with proceeds earmarked for development of existing reserves and debt refinancing. The senior notes are unsecured obligations of the company, with interest payable semiannually. This financing bolstered Ramaco’s capital structure and supports ongoing capital expenditures at its West Virginia operations.
Headquartered in St. Louis, Missouri, Ramaco Resources is led by a management team with deep experience in coal mining and energy markets. The board and senior leadership emphasize safety, environmental stewardship, and community engagement in the Appalachian regions where the company operates. Through continued reserve development and strategic financing, Ramaco aims to maintain its position as a supplier of choice for steel‐making coal and to deliver long‐term value to its stakeholders.
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