July 29, 2026 - Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") today released a new initial assessment report from Hatch Associates Consultants, Inc. ("Hatch") and an accompanying shareholder letter from Chairman and Chief Executive Officer Randall W. Atkins. That letter highlights the current status of the Company's rare earth and critical minerals project in Sheridan, Wyoming.

The Hatch study evaluates a previously announced carbochlorination-based refining and flowsheet process for the Brook Mine project. It provides a preliminary process definition as well as capital and operating cost estimates to assess the potential of the Brook Mine critical mineral project. Key findings are highlighted in the shareholder letter.

"The Hatch report and its analysis marks an important milestone in advancing our vision of building a fully integrated domestic critical minerals platform," said Mr. Atkins. "We believe the Brook Mine complex has the potential to become a significant long-term supplier of critical minerals and rare earth products essential to America's industrial and technology supply chains."

The Hatch report and shareholder letter are available on Ramaco's website here: https://www.ramacoresources.com. Additional renderings and project-related images are available on the website here: https://www.ramacoresources.com/critical-minerals.

Earlier in July, Ramaco hosted its 5th Annual Ramaco Research Rodeo (R3) in Sheridan, Wyoming, where there was extensive discussion by industry leaders, researchers, policymakers, and investors related to critical minerals, advanced carbon products, artificial intelligence, and energy innovation. A video presented during the conference related to the Brook Mine project can be viewed here: https://ramacoresources.com/carbon-operations/.

About Ramaco Resources

Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and exploring a coal, rare earth and other critical minerals project in Wyoming. The Company's executive offices are located in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth element and other critical mineral exploration stage property near Sheridan, Wyoming (the "Brook Mine"). The Brook Mine remains an exploration stage property, and no assurance can be given that it will be successfully developed into a commercial scale mine or that any inferred mineral resources estimated will be converted into higher confidence mineral resources or eventually mineral reserves. Contiguous to the Brook Mine, the Company operates a carbon research facility related to the potential production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of more than 70 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks.