Ramaco Resources Sees Rare Earth Potential at Brook Mine

Metallurgical coal royalties and infrastructure income provide a solid base for the company's emerging rare earth business.

Apr. 13, 2026 at 7:18am

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A high-end, photorealistic studio still-life photograph featuring polished metal, rare earth mineral samples, and a sleek desk organizer, symbolizing the abstract concepts of critical mineral supply and corporate strategy.Ramaco Resources' diverse natural resource portfolio includes both traditional metallurgical coal and emerging rare earth mineral opportunities.Athens Today

Ramaco Resources, Inc. (METCB) is a natural resource developer with a dual platform - its core business is metallurgical coal extraction in the Appalachian region, but it also has an emerging rare earth and critical minerals operation at its Brook Mine in Wyoming. The company's diverse asset base and optionality around rare earth production make it an intriguing investment opportunity.

Why it matters

Ramaco's rare earth business provides upside potential beyond its traditional coal operations. Rare earth elements are critical for many high-tech applications, and global supply chains have been disrupted, creating opportunities for new producers. Ramaco's existing infrastructure and mining expertise give it a potential advantage in developing this new revenue stream.

The details

Ramaco's Brook Mine in Wyoming contains deposits of rare earth elements and other critical minerals. While the company's core focus remains on metallurgical coal, it is actively exploring ways to monetize the rare earth potential of the Brook Mine. This could involve partnerships, offtake agreements, or potentially developing rare earth processing capabilities on-site.

  • Ramaco acquired the Brook Mine property in 2014.
  • The company has been evaluating the rare earth potential of the site since 2018.

The players

Ramaco Resources, Inc.

A natural resource developer with metallurgical coal operations in Appalachia and emerging rare earth and critical minerals business at its Brook Mine in Wyoming.

Brook Mine

Ramaco's mining property in Wyoming that contains deposits of rare earth elements and other critical minerals.

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What they’re saying

“Ramaco's diverse asset base and optionality around rare earth production make it an intriguing investment opportunity.”

— Myriam Hernandez Alvarez, Author

What’s next

Ramaco plans to continue evaluating development options for the rare earth potential at the Brook Mine, including potential partnerships or on-site processing capabilities.

The takeaway

Ramaco Resources offers investors exposure to both the traditional metallurgical coal market as well as the emerging rare earth and critical minerals space, providing a diversified natural resources play with upside potential.