Ramaco Launches Structural Overhaul as It Expands Into Rare Earths, Critical Minerals

Dow Jones03-31

Adriano Marchese

Ramaco Resources is reorganizing its business structure into separate business divisions to better reflect its coal, rare‑earth, mineral rights, and refining operations.

The metallurgical coal producer, which is also branching out into rare earth elements and critical minerals, on Tuesday said that its board has given the green light to management to undergo a strategic internal reorganization.

Each business will be placed into a separate subsidiary, with Ramaco as its parent company. The new structure aims to give each business its own flexibility to pursue dedicated financing strategies as needed, and attract capital from investors and financing sources best suited to their requirements.

Initially, Ramaco plans to operate through four divisions, the first being its existing metallurgical coal mining and sales business. The company will also create a rare earth and critical minerals unit centered on development at the Brook Mine in Wyoming and a royalty and infrastructure arm that holds the company's mineral rights and related assets.

Additionally, it plans to create a future refining and processing division to convert mined feedstock into critical mineral products.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

March 31, 2026 08:56 ET (12:56 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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