Ramaco Resources, Inc.

Ramaco Resources, Inc. announced the unexpected passing of E. Forrest Jones, Jr., its General Counsel and former Board member. Mr. Jones had served as General Counsel since May 2025 and as Director Emeritus since March 2025, following his tenure on the Board of Directors. The company expressed profound sadness, highlighting his significant contributions and respected legal expertise within the coal industry over nearly five decades.

Ramaco Resources, Inc. announced the specific dividend ratio for its previously declared second quarter 2026 Class B stock dividend. Shareholders of record on June 12, 2026, will receive 0.011977 shares of Class B common stock for each share owned, based on a dividend amount of $0.1369 per share and a closing price of $11.43 on the record date. Fractional shares will be settled in cash.

Ramaco Resources, Inc. held its Annual Meeting of Shareholders on June 10, 2026, with a quorum of 78.24% of outstanding shares. Shareholders approved all four proposals, including the election of three director nominees and the ratification of Grant Thornton LLP as the independent auditor for 2026. Additionally, shareholders approved an amendment to the Company's Long-Term Incentive Program, increasing the number of shares subject to the plan by 4,000,000, and also approved, on an advisory basis, the compensation paid to named executive officers.

Ramaco Resources announced a non-binding Memorandum of Understanding (MOU) with REalloys, Inc. to establish a strategic relationship. The MOU aims to bolster America's domestic rare earth and permanent magnet supply chain. Under the agreement, Ramaco would supply Mixed Rare Earth Carbonate (MREC) from its Wyoming project and separated scandium oxide from its Brook Mine refinery to REalloys for processing and metallization. This partnership is intended to create a resilient, ex-China supply chain for critical minerals.

Ramaco Resources reported a significant widening of its net loss to $(18.319) million in Q1 2026, compared to a net loss of $(9.457) million in the prior year period. Revenue also saw a decline, falling to $121.613 million from $134.656 million year-over-year. The company experienced an increased operating loss and a substantial outflow of cash from operating activities, alongside a decrease in overall cash and cash equivalents.

Ramaco Resources reported a net loss of $(18.3) million and negative Adjusted EBITDA of $(1.8) million for the first quarter of 2026. Despite the financial losses, the company declared a stock dividend of $0.1369 per share for Class B common stock and repurchased $37 million of Class A common shares. Liquidity significantly increased by 313% year-over-year to $488.8 million, supporting ongoing investments in its rare earth and critical minerals project and low-vol metallurgical coal growth initiatives, with an anticipation of rising coal prices in the second half of 2026.

Ramaco Resources, Inc. (METC) announced its Annual Meeting of Shareholders to be held virtually on June 10, 2026. Shareholders will vote on the election of three directors, the ratification of Grant Thornton LLP as the independent registered public accounting firm for 2026, and an amendment to the Long-Term Incentive Plan to increase shares by 4,000,000. Additionally, an advisory vote on executive compensation will take place. The record date for voting is April 20, 2026.