Business
Ramaco Approved to Join the Defense Industrial Base Consortium (DIBC)
LEXINGTON, Ky., Oct. 15, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") Ramaco, a leading developer of rare
About this update from Ramaco Resources, Inc.
[{"type":"text","content":"\n LEXINGTON, Ky., Oct. 15, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) (\"Ramaco\" or the \"Company\") Ramaco, a leading developer of rare earth elements and critical mineral resources, is proud to announce its official approval as a member of the Defense Industrial Base Consortium (DIBC). This strategic milestone aligns with Ramaco's mission to support U.S. national security through the responsible development of domestic critical mineral resources.\n As a member of the DIBC, Ramaco gains access to a dynamic network of traditional and non-traditional defense contractors, research institutions, and federal agencies. This membership enables Ramaco to participate in federally funded research, prototyping, and production opportunities, particularly in areas critical to national defense such as rare earth elements (REEs), strategic and critical materials, and energy storage technologies.\n \"Ramaco's inclusion in the DIBC is a significant step forward in our efforts to contribute to the domestic supply of critical minerals essential for defense and energy technologies,\" said Randall W. Atkins, Chairman and Chief Executive Officer of Ramaco Resources. \"We are honored to support the Department of War's mission to secure the nation's industrial base and look forward to collaborating with other consortium members to advance innovation, national security, and supply chain resilience.\"\n The Defense Industrial Base Consortium (DIBC) is a U.S. Department of War (DoW) sponsored initiative to strengthen and expand the U.S. defense industrial base (DIB) by fostering collaboration between government, industry, and academia. Its mission is to build a robust, secure, and resilient supply chain capable of responding to national security needs without reliance on foreign sources.\n Ramaco's participation in the DIBC underscores its commitment to advancing U.S. energy independence, supporting defense readiness, and developing innovative solutions for the challenges of tomorrow.\n \n ABOUT RAMACO RESOURCES\n \n Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and a developing producer of coal, rare earth and critical minerals in Wyoming. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston...