other_material
confidence high
sentiment positive
materiality 0.75
Ramaco retains Hatch to lead Pre-Feasibility Study for Brook Mine REE/CM project
Ramaco Resources, Inc.
- Hatch Ltd. retained to lead Pre-Feasibility Study (PFS) including test-work, pilot plant design, and flowsheet optimization for Brook Mine rare earth elements and critical minerals project.
- Deposit estimated at 1.7 million tons total rare earth oxide (TREO) per updated Weir International geological assessments.
- Fluor Corporation's preliminary economic assessment (PEA) confirmed the project is commercially and technologically feasible.
- PFS will serve as foundational planning document for future permitting, investment, and offtake discussions.
- Ramaco notes this would be the first new rare earth mine and refining project in the US since 1952.
item 7.01item 9.01