Ramaco Resources Reports Q3 2026 Net Loss Amid Rising Production Costs
Ramaco Resources (METC) reported a net loss of $18.2 million for the third quarter of 2026, an increase from the $13.3 million loss recorded in the same period last year. The company faced significant operational headwinds, including rising diesel prices—which jumped from $2.50 to $5.85 per gallon—and increased costs for steel, leading to a reduction in Adjusted EBITDA to $3.0 million. Despite these challenges, Ramaco strengthened its liquidity position, reporting $375 million in total liquidity as of September 30, 2026. The company is pivoting toward disciplined production and has secured significant sales commitments for 2027. Additionally, technical validation of critical mineral recovery processes (scandium, gallium, and germanium) reached a 97% success rate, providing long-term strategic upside.
Tickers: $METC
Topics: coal market earnings report EBITDA liquidity net loss
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