---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-064431"
form_type: "8-K"
ticker: "METC"
cik: "0001687187"
company_name: "Ramaco Resources, Inc."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T10:01:43.783995+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Fluor PEA confirms Brook Mine rare earth project: NPV8 $1.2B, IRR 38%, steady-state EBITDA $143M/yr

## Summary
- PEA from Fluor shows NPV8 of $1.197B and IRR of 38% with $473M initial capex (before 22% contingency).
- Steady-state annual adjusted EBITDA projected at $143M on $378M revenue from 1,242 tons of rare earth oxides.
- Production includes 456 tons/yr of high-value critical minerals (NdPr, Ga, Sc, Dy, Ge, Tb).
- Initial mining started; on-site pilot plant targeted for Q4 2025, fully operational by mid-2026.
- Mine life of 42 years, consuming less than 4% of estimated total mineral inventory; project scalable.

## SEC filing metadata
- accession: 0001104659-25-064431
- form_type: 8-K
- ticker: METC
- cik: 0001687187
- company_name: Ramaco Resources, Inc.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1687187/000110465925064431/0001104659-25-064431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1687187/000110465925064431/tm2519518d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-064431
- JSON: https://secwatch.observer/filing/0001104659-25-064431.json
- Plain text: https://secwatch.observer/filing/0001104659-25-064431.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.