{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009901","form_type":"8-K","ticker":"METC","cik":"0001687187","company_name":"Ramaco Resources, Inc.","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.647511+00:00","generated_at":"2026-05-17T22:22:12.644859+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ramaco Q2 net loss $14M, lowers 2025 guidance; rare earth commercial production accelerated to 2027","bullets":["Q2 net loss $14.0M (Class A diluted EPS $(0.29)); Adjusted EBITDA $9.0M; cash costs $103/ton, down $5 YoY.","Full-year 2025 production/sales guidance narrowed to low end: production 3.9–4.3M tons, sales 4.1–4.5M tons; Q3 sales seen 900–950K tons.","Brook Mine rare earth mining commenced June 2025; pilot plant construction this fall; initial concentrates expected 2026; commercial production now 2027.","Fluor PEA summary shows NPV8 $1.197B, IRR 38%, initial capex $473M; ribbon cutting with U.S. Energy Secretary Chris Wright.","SG&A guidance raised to $39–43M for rare earth development; pro forma liquidity ~$105M after debt refinancing."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009901","json":"https://secwatch.observer/filing/0001558370-25-009901.json","markdown":"https://secwatch.observer/filing/0001558370-25-009901.md","text":"https://secwatch.observer/filing/0001558370-25-009901.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1687187/000155837025009901/0001558370-25-009901-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1687187/000155837025009901/metc-20250731x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:22:12.644859+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}