Ramaco Resources, Inc. Announces Initial 2025 Guidance; First Quarter 2025 Class A Dividend; Fourth Quarter 2024 Dividend Details
Ramaco Resources, Inc. - Class B (METCB)
Company Research
Source: PR Newswire
LEXINGTON, Ky., Dec. 5, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company"), a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and future developer of rare earth elements and critical minerals in Wyoming, today provided an update on several operational and financial matters.RAMACO ANNOUNCES INITIAL 2025 GUIDANCE The Company is issuing initial guidance for the 2025 calendar year. For full-year sales volumes, the Company expects between 4.4 – 4.8 million tons, with an ability to sell at least 5 million tons dependent on market conditions.The Company expects full-year production volumes between 4.2 – 4.6 million tons, with an ability to vary the production range dependent on market conditions.The Company anticipates continued production growth at its Elk Creek and Berwind complexes will be partially offset by lower production at its Knox Creek Complex due to the recent closure of the Jawbone Mine.T
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