Ramaco Resources, Inc. 8.250% Senior Notes due 2030 8-K Filings

Ramaco Resources, Inc. (METC) reported that on September 4, 2026, former U.S. Senator Joseph Manchin III resigned from its Board of Directors and from all Board committees, effective the same day. He had served on the Environmental, Health, and Safety Committee, the Government Relations Committee, and as Chair of the Technology Committee.

The company stated that Senator Manchin’s resignation was not due to any disagreement regarding operations, policies, or practices. A press release dated September 10, 2026, details that he is stepping down to focus on his independent leadership council movement and that he remains a supporter and friend of Ramaco.

Ramaco Resources, Inc. (METC) reported that one of its larger institutional shareholders, Yorktown Energy Partners, distributed approximately one million shares of Ramaco’s Class A common stock to its limited partners on September 2, 2026. Ramaco states it believes this shareholder distribution contributed to negative trading activity in its Class A stock on September 3, 2026.

The company also reiterates its business focus as an operator and developer of high-quality, low-cost metallurgical coal in West Virginia and Virginia, and as an explorer of coal, rare earth and other critical minerals at its Brook Mine project in Wyoming, which it describes as an exploration stage property.

Ramaco Resources, Inc. (METC) reported new administrative and legal leadership appointments effective August 20, 2026. Evan H. Jenkins, already Vice Chair and Secretary, was appointed Chief Administrative Officer with oversight of Law, Health and Safety, Environment, IT, Government Relations, Insurance, Land, Intellectual Property and Human Resources. J. Tyler Adkins, previously Senior Vice President – Law and Assistant Secretary, became General Counsel, and Tyler H. Fields, formerly Vice President – Law, was promoted to Assistant General Counsel. Ramaco also hired Cameron H. Adkins as Director of Law, Finance and Operations. These changes strengthen the company’s internal administration and legal functions while its core business remains operating metallurgical coal mines in Appalachia and advancing its Brook Mine and related carbon research activities.

Ramaco Resources, Inc. reported second‑quarter 2026 results and announced a Class B stock dividend. Metallurgical coal revenue was $144.8 million on sales of 1.06 million tons, with non‑GAAP cash costs of $99 per ton and cash margins of $17 per ton. The company posted a net loss of $15.4 million, or $(0.26) diluted EPS for Class A shares, while Adjusted EBITDA was $5.7 million. Liquidity totaled $400.1 million, including $282.5 million of cash and $117.6 million of undrawn revolver capacity, with no borrowings outstanding.

Management highlighted progress on the Brook Mine rare earth and critical minerals project, stating it believes the deposit could support long‑life production and is pursuing non‑dilutive financing for a carbochlorination refinery. In the coal segment, the board approved a $25 million expansion at the Maben Complex expected to add 0.6 million premium low‑vol tons at full capacity, with Berwind and Maben growth projected to contribute more than 1 million low‑vol tons annually in 2027. The company repurchased 3.5 million Class A shares in the quarter for roughly $51 million, and year‑to‑date has bought back nearly 4.6 million shares, over 8% of the Class A shares. The board also declared a Class B stock dividend of $0.1535 per share, payable in additional Class B shares on September 25, 2026 to holders of record on September 11, 2026, with fractional entitlements settled in cash.

Ramaco Resources is advancing its Brook Mine critical minerals project in Wyoming, supported by a new Hatch Initial Assessment Report and related shareholder and press communications. The greenfield plant is designed to treat 1.3 million dry mt/y of run‑of‑mine material using a carbo‑chlorination flowsheet to recover rare earths, gallium, germanium and scandium, plus high‑purity alumina and silica byproducts.

The study outlines key design parameters, including target production of 574 mt/y critical mineral oxides, updated 11,848 mt/y HPA and 18,617 mt/y HPS, with modeled overall recoveries of up to 94% for gallium and 84% for germanium. A Class 5 capital estimate puts total installed cost at 2,585.05 MUSD for the 1.3 MTPA case and 4,000.15 MUSD for a 2.6 MTPA scenario, and annual operating cost at 150.7 M USD, heavily weighted to reagents and utilities. The project is to progress via a staged Front‑End Loading approach, with additional Ramaco test work planned from September 2026 before further study phases.

Ramaco Resources, Inc. filed an amendment to replace its stockholder letter exhibit, removing certain financial tabulations, clarifying that the Fluor Corporation “Preliminary Economic Assessment” is a conceptual study now referred to as the “Fluor Study,” and updating exhibit descriptions. The revised letter outlines progress at the Brook Mine rare earth and critical minerals project.

The company recently raised $200 million in new common equity and describes Board approval to upsize Brook Mine from 2 million to 5 million tons per year of coal feedstock, increasing planned rare earth and critical mineral oxide output to approximately 3,400 tons per year. Management plans to expand permitted acreage from roughly 4,500 to almost 16,000 acres, pursue a higher cut-off grade of almost 500 ppm, and complete a Pre-Feasibility Study led by Hatch Ltd. by Q1 2026. A fall drilling program of 15 holes is under way, and a KeyBank term sheet contemplates enlarging the revolving credit facility from $200 million to $400 million, with an accordion feature that could bring it to $550 million over a five-year term.

Ramaco Resources, Inc. reports the unexpected passing of its General Counsel and former Board member, E. Forrest Jones, Jr., who had been General Counsel since May 2025 and a Director Emeritus since March 2025. The company highlights his nearly 50 years of service to the coal industry and his key role in Ramaco’s growth and governance as independent counsel, director, and then General Counsel.

Ramaco describes him as a trusted advisor and cornerstone of the organization, and extends condolences to his family. The company also reiterates that it operates multiple metallurgical coal mining complexes in Central Appalachia and is advancing coal, rare earth and other critical minerals exploration at its Brook Mine project in Wyoming.

Ramaco Resources, Inc. is confirming the details of its previously declared second-quarter 2026 Class B common stock dividend. The dividend equals $0.1369 per share of Class B common stock and will be paid in additional Class B shares on June 26, 2026 to shareholders of record on June 12, 2026.

Based on the $11.43 Class B closing price on June 12, each Class B holder will receive 0.011977 of one share of Class B common stock for each share owned. No fractional shares will be issued; any fractional entitlement will be paid in cash at fair value on the payment date.

Ramaco Resources, Inc. reported results of its annual meeting of shareholders held on June 10, 2026. Shareholders re-elected Bryan H. Lawrence, David E.K. Frischkorn, Jr. and Michael R. Graney to the board, with each director receiving strong majority support.

As of the April 20, 2026 record date, 65,677,144 common shares were entitled to vote, and 51,390,554 shares were present or represented by proxy, providing a quorum. All four proposals were approved, and the company’s Long Term Incentive Plan was amended as of June 10, 2026.

Ramaco Resources, Inc. filed a report describing a new, non-binding memorandum of understanding with REalloys Inc. to pursue a strategic rare earth relationship. The understanding contemplates Ramaco supplying Mixed Rare Earth Carbonate from its exploratory Brook Mine project in Wyoming for separation into rare earth oxides at REalloys’ Saskatchewan Research Council facility.

The memorandum also envisions Ramaco providing separated scandium oxide from its Brook Mine refinery for alloy metallization at REalloys’ Euclid, Ohio facility. The Brook Mine remains an exploration-stage rare earth and critical minerals project, and Ramaco emphasizes that there is no assurance it will be successfully developed into a commercial-scale mine.

Ramaco Resources reported a first-quarter 2026 net loss of $18.3 million, wider than the prior-year loss of $9.5 million, as revenue declined to $121.6 million from $134.7 million and non-GAAP cash margins per ton fell to $16 from $24.

The company sold 892,000 tons at an average non-GAAP revenue of $114 per ton, with cash costs of $98 per ton, and posted first-quarter Adjusted EBITDA of negative $1.8 million. Liquidity remained strong at $488.8 million, including $355.2 million of cash.

Ramaco’s board declared a Class B stock dividend of $0.1369 per share, payable in Class B shares on June 26, 2026 to holders of record on June 12, 2026, with fractional shares settled in cash. The company also repurchased $37 million of Class A stock at an average price of $14.54 under its $100 million buyback program and reaffirmed 2026 production guidance of 3.7–4.1 million tons and capital expenditures of $85–90 million while continuing to advance its Brook Mine rare earth and critical minerals project.

Ramaco Resources, Inc. is implementing an internal corporate reorganization that will reorganize its assets and operations into four principal business divisions. The new structure will separate metallurgical coal production, rare earth and critical mineral development at the Brook Mine, royalty and infrastructure holdings, and critical mineral refining and processing.

The company expects this design to enhance operational focus, improve financial transparency and create more flexible, division-specific financing options, including potential future access by one or more divisions to public equity and debt markets. The reorganization is expected to be tax-efficient and will not immediately change Ramaco’s publicly traded equity or its Nasdaq listing.

Ramaco Resources, Inc. announced the final ratio for its previously declared first-quarter 2026 stock dividend on its Class B common stock. The quarterly dividend is $0.1489 per share of Class B stock, payable on March 27, 2026 to shareholders of record on March 13, 2026, and will be paid in additional Class B shares.

Using the March 13, 2026 Class B closing price of $10.43, each Class B holder will receive 0.014276 of one Class B share for each share owned. Fractional shares will not be issued; instead, Ramaco will pay cash based on the same closing price for any fractional entitlements.

Ramaco Resources, Inc. reported that its Chairman and CEO, Randall W. Atkins, has exercised long-held stock options originally granted around the company’s 2017 public offering. On February 26, 2026, after provisions for taxes, he acquired 177,187 shares of Class A common stock and 54,429 shares of Class B common stock.

Atkins stated that, after holding these options for over nine years, he chose to convert them into Ramaco shares, which he currently views as trading at an undervalued level. The company also highlights its dual platform business in metallurgical coal and emerging rare earth and critical minerals production, including a major primary magnetic rare earth deposit discovered near Sheridan, Wyoming.

Ramaco Resources, Inc. reported weaker 2025 results but a much stronger balance sheet and outlined its transition toward critical minerals. Full-year revenue was $536.6M, down from $666.3M, and the company posted a net loss of $51.4M versus prior-year net income of $11.2M. Fourth-quarter revenue was $128.0M with a net loss of $14.7M. Metallurgical coal cash costs fell to $92 per ton in the quarter, supporting cash margins of $24 per ton.

Liquidity improved sharply, reaching a record $521.0M as of December 31, 2025, after over $1B of new capital, including $200M of equity and $345M of zero-coupon convertible notes. For 2026, the company guides to coal production of 3.7–4.1 million tons, sales of 4.1–4.5 million tons, and cash costs of $95–$100 per ton.

The board declared a Class B stock dividend of $0.1489 per share, payable in Class B shares on March 27, 2026 to holders of record on March 13, 2026, with share amounts based on the Class B closing price on the record date; fractional entitlements will be settled in cash. Ramaco also highlighted a new proprietary carbochlorination flowsheet for its Brook Mine rare earth and critical minerals project in Wyoming, which internal estimates suggest could materially increase projected cash flows, subject to validation and a revised economic assessment expected by mid-year.