Ramaco: A Coal Mining Company That Happens To Have Significant Magnetic Rare Earth Deposits

Robert Castellano
17.7K Followers

Summary

  • China announced curbs on critical metal exports, including gallium and germanium, in retaliation for Western restrictions on the chip industry.
  • China announced a ban on rare earth extraction and separation technologies on December 21, 2023.
  • China's dominance in the rare earth elements (REE) market allows them to impact prices and control processing capabilities.
  • Restriction of REE exports from China would have a significant impact on industries worldwide, particularly in green technology applications.
  • Global governments are now actively awarding funds to mining companies to retake control of the rare earth industry, from mining to completed magnets.

Money magnet

BrianAJackson

In May 2023, Ramaco Resources, Inc. (NASDAQ:METC) announced a major discovery of magnetic rare earth element deposits at its Brook Mine property in Wyoming.

Recent tests conducted by government researchers revealed that the 15,800-acre mineral reserve contains what might

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This article was written by

17.7K Followers
Robert Castellano has 38 years of experience analyzing the semiconductor markets. He runs the investing group Semiconductor Deep Dive. It provides investors with recommendations for stocks with the greatest near- and medium-term growth potential. Members receive detailed analysis and research tools to make investments in semiconductor and tech stocks. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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