{"success":true,"data":{"pressRelease":{"id":"122199","rtpr_id":"nPn6Fs6hta","ticker":"METC","exchange":"NASDAQ","all_tickers":["METC"],"title":"Ramaco Resources, Inc. Announces Non-Binding Memorandum of Understanding with Indium Corporation","author":"PR Newswire","published_at":"2026-08-18T20:30:00.021Z","article_body":"Ramaco Resources, Inc. Announces Non-Binding Memorandum of Understanding with Indium Corporation\n\nPR Newswire\n\nLEXINGTON, Ky., Aug. 18, 2026\n\nLEXINGTON, Ky., Aug. 18, 2026 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ:\nMETC, METCB) (\"Ramaco\" or the \"Company\") today announced that it has entered\ninto a non-binding memorandum of understanding (\"MOU\") with Indium Corporation\nrelating to the supply of gallium and germanium from Ramaco's exploratory\nBrook Mine rare earth and critical-mineral project in Wyoming (the \"Brook\nMine\").\n\nIndium Corporation, headquartered in Clinton, New York, is a global leader in\nadvanced electronic materials and specialty metals serving the semiconductor,\nelectronics, aerospace, defense, and advanced manufacturing industries. The\ncompany is recognized for its expertise in the refining, purification, alloy\ndevelopment, and manufacture of high-performance materials, including gallium-\nand germanium-based products used throughout the semiconductor value chain.\nIndium Corporation manufactures and supplies electronics-assembly materials,\nincluding semiconductor packaging materials, thermal interface materials,\nsolder products, and specialty metals.\n\nUnder the MOU, Ramaco and Indium Corporation agree to negotiate the potential\nsupply of gallium and germanium from the Brook Mine project.\n\nThe MOU is non-binding, and any future supply or offtake arrangements will be\nsubject to the completion of due diligence, negotiation, and execution of\ndefinitive agreements, successful development of the Brook Mine project, and\nother applicable conditions.\n\n\"Indium Corporation brings decades of experience supplying advanced electronic\nmaterials to the global semiconductor industry. We believe this MOU\ndemonstrates a promising opportunity to introduce Brook Mine gallium and\ngermanium into established domestic and allied supply chains. By\ncombining Ramaco's potential domestic resource base with Indium Corporation's\nglobal materials expertise and established presence in advanced technology\nmanufacturing, we believe this proposed relationship could strengthen and\ndiversify the supply of materials that are increasingly critical to the U.S.\nelectronics, semiconductor, and advanced manufacturing industries,\" said\nRandall Atkins, Chairman and CEO of Ramaco Resources.\n\n\"Gallium and germanium play an important role in many of the advanced\ntechnologies that are shaping our future,\" said Indium Corporation President\nand CEO Ross Berntson. \"At Indium Corporation, our expertise has always been\nrooted in materials science and in helping our customers solve complex\nchallenges with reliable, high-performance materials. This MOU with Ramaco\nResources, Inc. represents an opportunity to explore how our capabilities can\ncomplement a potential U.S. source of these critical materials, while\nsupporting the development of more resilient and diversified supply chains for\nthe industries we serve.\"\n\nAbout Ramaco Resources\nRamaco Resources, Inc. is an operator and developer of high-quality, low-cost\nmetallurgical coal in southern West Virginia, and southwestern Virginia and\nexploring a coal, rare earth and other critical minerals project in Wyoming.\nThe Company's executive offices are located in Lexington, Kentucky, with\noperational offices in Charleston, West Virginia and Sheridan, Wyoming. The\nCompany currently has four active metallurgical coal mining complexes in\nCentral Appalachia and one coal mine and rare earth element and other critical\nmineral exploration stage property near Sheridan, Wyoming (the \"Brook Mine\").\nThe Brook Mine remains an exploration stage property, and no assurance can be\ngiven that it will be successfully developed into a commercial scale mine or\nthat any inferred mineral resources estimated will be converted into higher\nconfidence mineral resources or eventually mineral reserves. Contiguous to the\nBrook Mine, the Company operates a carbon research facility related to the\npotential production of advanced carbon products and materials from coal. In\nconnection with these activities, it holds a body of more than 70 intellectual\nproperty patents, pending applications, exclusive licensing agreements and\nvarious trademarks. News and additional information about Ramaco Resources,\nincluding filings with the Securities and Exchange Commission, are available\nat https://www.ramacoresources.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755099-1&h=2252057259&u=https%3A%2F%2Fwww.ramacoresources.com&a=https%3A%2F%2Fwww.ramacoresources.com)\n. For more information, contact investor relations at (859) 244-7455 or\ninfo@ramacometc.com (mailto:info@ramacometc.com) .\n\nContact:\nOrin Atkins, Ramaco Resources\norin.atkins@ramacometc.com (mailto:orin.atkins@ramacometc.com)\n\nAbout Indium Corporation\nIndium Corporation(®) is a premier materials refiner, manufacturer, and\nsupplier to the global electronics, semiconductor, thin-film, and thermal\nmanagement markets. Products include solders and fluxes; brazes; thermal\ninterface materials; sputtering targets; indium, gallium, germanium, and tin\nmetals and inorganic compounds; and NanoFoil(®). Founded in 1934, the company\nhas global technical support and factories located in China, Germany, India,\nMalaysia, Mexico, Singapore, South Korea, the United Kingdom, and the U.S.\nNews and additional information about Indium Corporation are available at\nhttps://www.indium.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755099-1&h=553163187&u=https%3A%2F%2Fwww.indium.com&a=https%3A%2F%2Fwww.indium.com)\n. For more information, contact the company at +1 315-853-4900 or\naskus@indium.com (mailto:askus@indium.com) .\n\nContact:\nJingya Huang, Senior Marketing Communications Manager, Indium Corporation\njhuang@indium.com (mailto:jhuang@indium.com)\n\nCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS\n\nCertain statements contained in this news release constitute \"forward-looking\nstatements\" within the meaning of the Private Securities Litigation Reform Act\nof 1995, including, but not limited to, statements related to future business\narrangements and agreements, future production volumes and sales, anticipated\ncapital expenditures, expected demand for gallium and germanium, the\ndevelopment and commercialization of the Brook Mine rare earth and critical\nmineral project, projected operating costs and margins, and the Company's\nfinancial guidance and outlook. These forward-looking statements represent\nRamaco Resources' expectations or beliefs concerning guidance, future events,\nanticipated revenue, future demand and production levels, macroeconomic\ntrends, the development of ongoing projects, costs and expectations regarding\noperating results, and it is possible that the results described in this news\nrelease will not be achieved.\n\nThese forward-looking statements are subject to risks, uncertainties and other\nfactors, many of which are outside of Ramaco Resources' control, which could\ncause actual results to differ materially from the results discussed in the\nforward-looking statements.\n\nThese factors include, without limitation, unexpected delays in our current\nmine development activities, the failure of our various business\ncounterparties to perform, increased government regulation in the United\nStates or internationally, the impact of tariffs imposed by the United States\nand foreign governments, the further decline of demand for gallium and\ngermanium and underperformance of the railroads, the Company's ability to\nsuccessfully develop the exploratory Brook Mine rare earth and critical\nmineral project, including whether the Company's exploration target and\nestimates for such mine are realized, the timing of the initial production of\nrare earth concentrates, the development of a pilot and ultimately a full\nscale commercial processing facility. Mineral resources are not mineral\nreserves and do not meet the threshold for reserve modifying factors, such as\nestimated economic viability, that would allow for conversion to mineral\nreserves. There is no certainty that any part of the inferred mineral\nresources estimated at Brook Mine will be converted into higher confidence\nmineral resources and eventually mineral reserves in the future. Rare earth\nand critical minerals are a new initiative for us and, as such, has required\nand will continue to require us to make significant investments to build out\nour rare earth and other critical mineral capabilities.\n\nAny forward-looking statement speaks only as of the date on which it is made,\nand, except as required by law, Ramaco Resources does not undertake any\nobligation to update or revise any forward-looking statement, whether as a\nresult of new information, future events or otherwise. New factors emerge from\ntime to time, and it is not possible for Ramaco Resources to predict all such\nfactors. When considering these forward-looking statements, you should keep in\nmind the risk factors and other cautionary statements found in Ramaco\nResources' filings with the Securities and Exchange Commission (\"SEC\"),\nincluding its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.\nThe risk factors and other factors noted in Ramaco Resources' SEC filings\ncould cause its actual results to differ materially from those contained in\nany forward-looking statement.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-non-binding-memorandum-of-understanding-with-indium-corporation-302854525.html\n(https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-non-binding-memorandum-of-understanding-with-indium-corporation-302854525.html)\n\nSOURCE Ramaco Resources, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2739492/5434139/Ramaco___Simple_Black_Logo_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6Fs6hta","title":"Ramaco Resources, Inc. Announces Non-Binding Memorandum of Understanding with Indium Corporation","author":"PR Newswire","ticker":"METC","created":"2026-08-18T20:30:00.021Z","tickers":["METC"],"exchange":"NASDAQ","article_body":"Ramaco Resources, Inc. Announces Non-Binding Memorandum of Understanding with Indium Corporation\n\nPR Newswire\n\nLEXINGTON, Ky., Aug. 18, 2026\n\nLEXINGTON, Ky., Aug. 18, 2026 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ:\nMETC, METCB) (\"Ramaco\" or the \"Company\") today announced that it has entered\ninto a non-binding memorandum of understanding (\"MOU\") with Indium Corporation\nrelating to the supply of gallium and germanium from Ramaco's exploratory\nBrook Mine rare earth and critical-mineral project in Wyoming (the \"Brook\nMine\").\n\nIndium Corporation, headquartered in Clinton, New York, is a global leader in\nadvanced electronic materials and specialty metals serving the semiconductor,\nelectronics, aerospace, defense, and advanced manufacturing industries. The\ncompany is recognized for its expertise in the refining, purification, alloy\ndevelopment, and manufacture of high-performance materials, including gallium-\nand germanium-based products used throughout the semiconductor value chain.\nIndium Corporation manufactures and supplies electronics-assembly materials,\nincluding semiconductor packaging materials, thermal interface materials,\nsolder products, and specialty metals.\n\nUnder the MOU, Ramaco and Indium Corporation agree to negotiate the potential\nsupply of gallium and germanium from the Brook Mine project.\n\nThe MOU is non-binding, and any future supply or offtake arrangements will be\nsubject to the completion of due diligence, negotiation, and execution of\ndefinitive agreements, successful development of the Brook Mine project, and\nother applicable conditions.\n\n\"Indium Corporation brings decades of experience supplying advanced electronic\nmaterials to the global semiconductor industry. We believe this MOU\ndemonstrates a promising opportunity to introduce Brook Mine gallium and\ngermanium into established domestic and allied supply chains. By\ncombining Ramaco's potential domestic resource base with Indium Corporation's\nglobal materials expertise and established presence in advanced technology\nmanufacturing, we believe this proposed relationship could strengthen and\ndiversify the supply of materials that are increasingly critical to the U.S.\nelectronics, semiconductor, and advanced manufacturing industries,\" said\nRandall Atkins, Chairman and CEO of Ramaco Resources.\n\n\"Gallium and germanium play an important role in many of the advanced\ntechnologies that are shaping our future,\" said Indium Corporation President\nand CEO Ross Berntson. \"At Indium Corporation, our expertise has always been\nrooted in materials science and in helping our customers solve complex\nchallenges with reliable, high-performance materials. This MOU with Ramaco\nResources, Inc. represents an opportunity to explore how our capabilities can\ncomplement a potential U.S. source of these critical materials, while\nsupporting the development of more resilient and diversified supply chains for\nthe industries we serve.\"\n\nAbout Ramaco Resources\nRamaco Resources, Inc. is an operator and developer of high-quality, low-cost\nmetallurgical coal in southern West Virginia, and southwestern Virginia and\nexploring a coal, rare earth and other critical minerals project in Wyoming.\nThe Company's executive offices are located in Lexington, Kentucky, with\noperational offices in Charleston, West Virginia and Sheridan, Wyoming. The\nCompany currently has four active metallurgical coal mining complexes in\nCentral Appalachia and one coal mine and rare earth element and other critical\nmineral exploration stage property near Sheridan, Wyoming (the \"Brook Mine\").\nThe Brook Mine remains an exploration stage property, and no assurance can be\ngiven that it will be successfully developed into a commercial scale mine or\nthat any inferred mineral resources estimated will be converted into higher\nconfidence mineral resources or eventually mineral reserves. Contiguous to the\nBrook Mine, the Company operates a carbon research facility related to the\npotential production of advanced carbon products and materials from coal. In\nconnection with these activities, it holds a body of more than 70 intellectual\nproperty patents, pending applications, exclusive licensing agreements and\nvarious trademarks. News and additional information about Ramaco Resources,\nincluding filings with the Securities and Exchange Commission, are available\nat https://www.ramacoresources.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755099-1&h=2252057259&u=https%3A%2F%2Fwww.ramacoresources.com&a=https%3A%2F%2Fwww.ramacoresources.com)\n. For more information, contact investor relations at (859) 244-7455 or\ninfo@ramacometc.com (mailto:info@ramacometc.com) .\n\nContact:\nOrin Atkins, Ramaco Resources\norin.atkins@ramacometc.com (mailto:orin.atkins@ramacometc.com)\n\nAbout Indium Corporation\nIndium Corporation(®) is a premier materials refiner, manufacturer, and\nsupplier to the global electronics, semiconductor, thin-film, and thermal\nmanagement markets. Products include solders and fluxes; brazes; thermal\ninterface materials; sputtering targets; indium, gallium, germanium, and tin\nmetals and inorganic compounds; and NanoFoil(®). Founded in 1934, the company\nhas global technical support and factories located in China, Germany, India,\nMalaysia, Mexico, Singapore, South Korea, the United Kingdom, and the U.S.\nNews and additional information about Indium Corporation are available at\nhttps://www.indium.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4755099-1&h=553163187&u=https%3A%2F%2Fwww.indium.com&a=https%3A%2F%2Fwww.indium.com)\n. For more information, contact the company at +1 315-853-4900 or\naskus@indium.com (mailto:askus@indium.com) .\n\nContact:\nJingya Huang, Senior Marketing Communications Manager, Indium Corporation\njhuang@indium.com (mailto:jhuang@indium.com)\n\nCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS\n\nCertain statements contained in this news release constitute \"forward-looking\nstatements\" within the meaning of the Private Securities Litigation Reform Act\nof 1995, including, but not limited to, statements related to future business\narrangements and agreements, future production volumes and sales, anticipated\ncapital expenditures, expected demand for gallium and germanium, the\ndevelopment and commercialization of the Brook Mine rare earth and critical\nmineral project, projected operating costs and margins, and the Company's\nfinancial guidance and outlook. These forward-looking statements represent\nRamaco Resources' expectations or beliefs concerning guidance, future events,\nanticipated revenue, future demand and production levels, macroeconomic\ntrends, the development of ongoing projects, costs and expectations regarding\noperating results, and it is possible that the results described in this news\nrelease will not be achieved.\n\nThese forward-looking statements are subject to risks, uncertainties and other\nfactors, many of which are outside of Ramaco Resources' control, which could\ncause actual results to differ materially from the results discussed in the\nforward-looking statements.\n\nThese factors include, without limitation, unexpected delays in our current\nmine development activities, the failure of our various business\ncounterparties to perform, increased government regulation in the United\nStates or internationally, the impact of tariffs imposed by the United States\nand foreign governments, the further decline of demand for gallium and\ngermanium and underperformance of the railroads, the Company's ability to\nsuccessfully develop the exploratory Brook Mine rare earth and critical\nmineral project, including whether the Company's exploration target and\nestimates for such mine are realized, the timing of the initial production of\nrare earth concentrates, the development of a pilot and ultimately a full\nscale commercial processing facility. Mineral resources are not mineral\nreserves and do not meet the threshold for reserve modifying factors, such as\nestimated economic viability, that would allow for conversion to mineral\nreserves. There is no certainty that any part of the inferred mineral\nresources estimated at Brook Mine will be converted into higher confidence\nmineral resources and eventually mineral reserves in the future. Rare earth\nand critical minerals are a new initiative for us and, as such, has required\nand will continue to require us to make significant investments to build out\nour rare earth and other critical mineral capabilities.\n\nAny forward-looking statement speaks only as of the date on which it is made,\nand, except as required by law, Ramaco Resources does not undertake any\nobligation to update or revise any forward-looking statement, whether as a\nresult of new information, future events or otherwise. New factors emerge from\ntime to time, and it is not possible for Ramaco Resources to predict all such\nfactors. When considering these forward-looking statements, you should keep in\nmind the risk factors and other cautionary statements found in Ramaco\nResources' filings with the Securities and Exchange Commission (\"SEC\"),\nincluding its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.\nThe risk factors and other factors noted in Ramaco Resources' SEC filings\ncould cause its actual results to differ materially from those contained in\nany forward-looking statement.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-non-binding-memorandum-of-understanding-with-indium-corporation-302854525.html\n(https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-non-binding-memorandum-of-understanding-with-indium-corporation-302854525.html)\n\nSOURCE Ramaco Resources, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2739492/5434139/Ramaco___Simple_Black_Logo_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-18T20:30:00.079117774Z","server_sent_at_ms":1787085000079},"received_at":"2026-08-18T20:30:00.131Z","source_url":"https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-non-binding-memorandum-of-understanding-with-indium-corporation-302854525.html"},"analysis":{"id":"111188","press_release_id":"122199","analysis_json":{"industry":{"label":"Coal & Consumable Fuels","sector":"Energy"},"redFlags":["MOU is non-binding and subject to due diligence and definitive agreements","Brook Mine is an exploration-stage property with no assurance of commercial development","Inferred mineral resources are not mineral reserves and may not be realized"],"eventType":"partnership","narrative":"Ramaco Resources entered into a non-binding memorandum of understanding with Indium Corporation to negotiate the potential supply of gallium and germanium from its Brook Mine project in Wyoming.\n\nIndium Corporation is a global leader in advanced electronic materials and plans to utilize the critical minerals for the semiconductor, aerospace, and defense industries.\n\nThe agreement is non-binding and subject to due diligence, the execution of definitive agreements, and the successful development of the Brook Mine, which remains an exploration-stage property.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Ramaco signs non-binding MOU with Indium Corp for potential supply of critical minerals from Brook Mine."},"keyFigures":null,"quotedText":"By combining Ramaco's potential domestic resource base with Indium Corporation's global materials expertise and established presence in advanced technology manufacturing, we believe this proposed relationship could strengthen and diversify the supply of materials that are increasingly critical to the U.S. electronics, semiconductor, and advanced manufacturing industries","namedEntities":{"people":[{"name":"Randall Atkins","role":"Chairman and CEO of Ramaco Resources"},{"name":"Ross Berntson","role":"President and CEO of Indium Corporation"}],"products":["Gallium","Germanium"],"companies":[{"name":"Ramaco Resources, Inc.","ticker":"METC"},{"name":"Indium Corporation","relationship":"partner"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"The announcement is a non-binding MOU for an exploratory-stage project. While it validates commercial interest from a major industry player (Indium Corporation), there are no financial terms, and execution is contingent on successful project development and due diligence."},"tickerRelevance":{"others":[],"primary":"METC"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"non-binding-MOU","sectorWeight":"energy/materials","executionRisk":"high"}},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Ramaco Resources entered into a non-binding memorandum of understanding with Indium Corporation to negotiate the potential supply of gallium and germanium from its Brook Mine project in Wyoming.\n\nIndium Corporation is a global leader in advanced electronic materials and plans to utilize the critical minerals for the semiconductor, aerospace, and defense industries.\n\nThe agreement is non-binding and subject to due diligence, the execution of definitive agreements, and the successful development of the Brook Mine, which remains an exploration-stage property.","key_figures":null,"named_entities":{"people":[{"name":"Randall Atkins","role":"Chairman and CEO of Ramaco Resources"},{"name":"Ross Berntson","role":"President and CEO of Indium Corporation"}],"products":["Gallium","Germanium"],"companies":[{"name":"Ramaco Resources, Inc.","ticker":"METC"},{"name":"Indium Corporation","relationship":"partner"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-18T20:52:51.546Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"non-binding-MOU","sectorWeight":"energy/materials","executionRisk":"high"}},"durationMs":244129,"modelName":"glm-4.7"}}