Ramaco Resources, Inc.

Ramaco Resources, Inc. Class B Common Stock represents equity in a U.S.-based company specializing in the mining and development of high-quality metallurgical coal. The principal function of this asset is to provide investors with exposure to the metallurgical coal sector, an essential component for steel production worldwide. Ramaco Resources operates multiple mining complexes in southern West Virginia and southwestern Virginia, including prominent sites such as Elk Creek, Berwind, Knox Creek, and Maben. The company is also advancing activities related to the exploration of rare earth elements and critical minerals in Sheridan, Wyoming, underscoring its commitment to diversification beyond traditional coal mining. With a focus on supplying North American steel mills and coke plants, as well as international markets, Ramaco Resources plays a significant role in supporting the industrial supply chain. The Class B Common Stock often features a differentiated dividend policy compared to the company’s Class A shares, offering an alternative structure for investors interested in income generation. This asset is notable for its direct link to both established metallurgical coal operations and emerging initiatives in critical minerals and advanced carbon materials.