Ramaco Resources’ Board approved the Strategic Critical Minerals Terminal (SCMT) at its Brook Mine in Wyoming, creating a national strategic stockpile of rare earth elements and critical minerals.
The SCMT will be developed in partnership with a nationally recognized commodity structuring and financial advisor and is intended to make Ramaco the most comprehensive, vertically integrated producer of critical minerals in the United States.
The terminal will process Ramaco’s own ore and offer tolling services to third‑party producers. Its location adjacent to the BNSF railroad and a major interstate highway ensures efficient distribution to defense contractors and industrial consumers nationwide.
Brook Mine spans 15,800 acres, of which 4,500 acres are currently permitted. It is one of the world’s only primary sources of scandium, gallium, germanium, and both heavy and light rare earths. The Board’s plan raises projected annual commercial production to 3,400 tons of rare earth and critical mineral oxide, a 174% increase over the 1,240 tons in the July 10 2025 Fluor Preliminary Economic Assessment. Weir’s Technical Report Summary dated September 17 2025 estimates 1.4 million tons of total rare earth oxide on the permitted acreage.
The SCMT positions Ramaco as a first‑mover in the U.S. critical minerals market, addressing national security needs and supply‑chain vulnerabilities. The initiative diversifies the company’s revenue base beyond its traditional metallurgical coal operations and creates a high‑margin business that could become a cornerstone of the domestic rare earth supply chain, materially enhancing Ramaco’s long‑term value proposition.
Additional context: Ramaco recently ground‑up a pilot processing plant and laboratory on October 23 2025, and was approved to join the Defense Industrial Base Consortium on October 15 2025, underscoring its role in national security.
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