Ramaco Resources
Grant in 2025
Ramaco Resources, Inc. is a producer and operator of metallurgical coal, primarily serving blast furnace steel mills and coke plants in the United States and international markets. Founded in 2015 and headquartered in Lexington, Kentucky, the company has a diverse portfolio of high-quality coal deposits totaling over 250 million tonnes. Key projects include the Elk Creek property in southern West Virginia, the Berwind coal property spanning the border of West Virginia and Virginia, the Knox Creek property in Virginia, and the RAM Mine in southwestern Pennsylvania. These strategically located assets position Ramaco to meet the demands of metallurgical coal consumers. The company is also exploring potential opportunities in rare earth elements and coal-to-carbon-based products in Sheridan, Wyoming.
Rare Element Resources
Grant in 2022
Rare Element Resources is a mineral resource company dedicated to the exploration and development of rare-earth element deposits, particularly those with a favorable distribution of critical rare earth elements. The company's primary focus is on advancing the Bear Lodge Critical Rare Earth Project, located in northeast Wyoming, which it wholly owns. Established in 1999, Rare Element Resources aims to supply strategic materials essential for various technology industries. The company operates solely in the exploration of mineral properties, emphasizing its commitment to developing resources that are increasingly important in modern technological applications.
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