Ramaco Resources’ Chairman and CEO Randall W. Atkins was appointed to the re‑established National Coal Council on January 13, 2026 by U.S. Secretary of Energy Chris Wright. The council, revived by the current administration, advises the Secretary on coal policy and technical issues and convenes its first meeting on January 15, 2026.
The appointment comes as the Trump administration renews its focus on supporting the coal industry, following a Federal Register notice in June 2025 and an executive order in April 2025 that re‑authorized the council after its charter lapsed in 2021. Atkins’ return to the council—he previously served as chairman in 2021—positions Ramaco at the center of national discussions on coal strategy, energy security, and the future of the sector.
Ramaco’s strategic relevance is amplified by its dual‑platform model that blends metallurgical coal production with the development of rare‑earth and critical‑mineral assets in Wyoming. The council role is expected to provide the company with early insight into regulatory changes that could affect coal pricing, environmental compliance, and infrastructure investment, thereby enhancing its competitive advantage in both core and emerging markets.
Financially, Ramaco reported a 3.93% decline in revenue and an 85.93% drop in earnings in 2024, while Q3 2025 saw a net loss of $13.3 million and adjusted EBITDA of $8.4 million. The company’s cash margins per ton improved due to disciplined cost control, offsetting a 6% decline in U.S. metallurgical coal indices. Management highlighted that the company’s liquidity remains strong, ending Q3 2025 with $272 million in liquidity and a net cash position of $77 million, and it has authorized a $100 million share‑repurchase program.
Atkins said he was "honored to serve again on the National Coal Council" and emphasized his commitment to advising on coal policy, innovation, and energy security. He noted the council’s re‑establishment as a sign that the administration is prioritizing coal’s role in the national energy mix, and he expressed confidence that Ramaco can leverage its expertise to shape supportive policies.
The company’s diversification into critical minerals, coupled with its robust liquidity and cost‑control measures, positions Ramaco to navigate the current downturn in metallurgical coal while pursuing growth opportunities in high‑value mineral markets. The appointment is expected to reinforce investor confidence in Ramaco’s long‑term strategic trajectory.
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