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How this coal company could help break U.S. dependence on China for rare earths

1. Ramaco Resources discovered rare earth elements at Brook Mine, crucial for U.S. defense. 2. The Brook Mine may help reduce U.S. dependence on Chinese imports of rare earths. 3. Ramaco plans pilot plant construction for rare earths by 2026, full facility by 2028. 4. Federal support may be sought to finance the rare earth project after cost assessment. 5. Ramaco anticipates coal sales to offset rare earth mining costs, enhancing profitability.

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FAQ

Why Bullish?

The discovery of rare earth minerals presents a significant growth opportunity for Ramaco.

How important is it?

The article highlights strategic developments that could significantly enhance Ramaco's market position.

Why Long Term?

Realization of the project potential will take several years (up to 2028) to complete.

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