Ramaco Resources Outlines $25 Million Investment for 2027 Brook Mine Pilot and Met Coal Sales Targets
Ramaco Resources (METC) has announced plans to allocate $25 million toward a pilot project at its Brook Mine in 2027. This investment is part of the company's broader strategy to scale operations and meet an anticipated sales target of 2.8 million tons of metallurgical coal for that year. During the Q3 2026 earnings call, CEO Randall Atkins noted improving conditions in the metallurgical coal markets. The company has already secured approximately 1.7 million tons of domestic business for 2027, providing a foundation for its projected production and sales volumes.
Tickers: $METC
Topics: contracting progress earnings call met coal markets
Read the full article at Seeking Alpha
Part of the story Ramaco outlines $25M 2027 Brook Mine pilot spend as it targets 2.8M tons of 2027 met coal sales (2 articles)