Ramaco Releases Summary of Independent Preliminary Economic Assessment Report from Fluor Corporation | METC Stock News

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Jul 10, 2025
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  • Independent PEA confirms Brook Mine's commercial and technological feasibility by Fluor Corporation.
  • Ramaco Resources (METC, Financial) schedules ribbon cutting for Brook Mine on July 11, 2025.
  • The complete PEA summary is available on Ramaco's website.

Ramaco Resources, Inc. (NASDAQ: METC) has released a summary of the independent Preliminary Economic Assessment (PEA) for its Brook Mine, conducted by Fluor Corporation. The assessment confirms the mine's commercial viability and technological feasibility, marking a crucial development for the company.

In anticipation of commencing operations, Ramaco Resources is set to hold a ribbon cutting ceremony for Brook Mine on July 11, 2025. Chairman and CEO, Randall Atkins, expressed satisfaction with Fluor's findings, emphasizing this as an essential milestone for both the company and the nation.

The complete PEA summary is accessible to the public on Ramaco Resources' official website. Investors and stakeholders can visit www.ramacoresources.com for detailed information.

Ramaco Resources is known for operating and developing high-quality, low-cost metallurgical coal, rare earth elements, and critical minerals in regions like Wyoming and central Appalachia. Its strategic operations aim to enhance the supply chain for critical minerals in the United States.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.