Ramaco Resources Signs Rare Earth Supply Chain MOU
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Ramaco Resources ( (METC) ) has provided an update.
On May 28, 2026, Ramaco Resources announced it had signed a non-binding memorandum of understanding with Ohio-based REalloys, Inc. to develop a strategic relationship aimed at strengthening the U.S. rare earth and permanent magnet supply chain. The framework would see Ramaco supply mixed rare earth carbonate from its exploratory Wyoming project for separation into rare earth oxides at REalloys’ Saskatchewan Research Council facility, while also providing separated scandium oxide from its Brook Mine refinery for alloy metallization at REalloys’ Euclid, Ohio plant.
The prospective partnership underscores Ramaco’s push to leverage the Brook Mine and related facilities to become a domestic source of rare earth feedstock and scandium oxide that could support a more resilient, ex-China permanent magnet supply chain. While the Brook Mine remains an exploration-stage asset with no certainty of commercial development, the agreement highlights Ramaco’s strategic shift beyond metallurgical coal into critical minerals, a move that could broaden its role in emerging energy and materials supply chains if the project advances.
The most recent analyst rating on (METC) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Ramaco Resources stock, see the METC Stock Forecast page.
Spark’s Take on METC Stock
According to Spark, TipRanks’ AI Analyst, METC is a Neutral.
METC scores in the low-to-mid range primarily due to weak current financial performance—losses, compressed margins, and TTM cash burn—despite a manageable leverage profile. Technicals and the earnings call indicate some stabilization and support from strong liquidity, buybacks, and cost control, but negative earnings (reflected in the negative P/E) and added legal overhangs keep the overall score restrained.
To see Spark’s full report on METC stock, click here.
More about Ramaco Resources
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal mines in southern West Virginia and southwestern Virginia, with executive offices in Lexington, Ky., and operational offices in Charleston, W.Va., and Sheridan, Wyo. The company runs four active metallurgical coal mining complexes in Central Appalachia and an exploration-stage coal, rare earth and critical minerals project near Sheridan known as the Brook Mine, alongside a nearby carbon research facility focused on advanced carbon products supported by a portfolio of more than 70 intellectual property assets.
The Brook Mine remains at the exploration stage with no assurance it will become a commercial-scale operation or that inferred mineral resources will be upgraded to mineral reserves, underscoring the early-stage risk profile of Ramaco’s rare earth and critical minerals ambitions. This diversification effort positions the coal producer to potentially expand into critical minerals and advanced carbon materials while maintaining its core metallurgical coal business.
Average Trading Volume: 1,662,167
Technical Sentiment Signal: Buy
Current Market Cap: $926.6M
Learn more about METC stock on TipRanks’ Stock Analysis page.
