Ramaco Shares Up on Critical-Minerals Stockpile Collaboration With Goldman Sachs
By Adriano Marchese
Ramaco Resources shares rose after the miner announced a collaboration with Goldman Sachs to develop a specialized critical-materials and rare-earth minerals terminal at its site in Wyoming.
Shares traded 15% higher at $34.08 in early trading.
Ramaco said on Friday that Goldman Sachs will act as the exclusive structuring agent for its plan to establish a strategic critical-minerals terminal at its Brook Mine facility.
The terminal will serve as a centralized facility for storing and managing critical minerals and rare-earth elements, with potential tolling and processing services for third-party producers, the Lexington, Ky., company said.
The initiative aims to support domestic supply chain stability and national security by offering long-term inventory solutions, said Ramaco.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
October 31, 2025 09:50 ET (13:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Companies to Invest in Now
The 10 Best Dividend Stocks
United States