<span item_type="fundamental" item_id="bbbebbd3dd89bbe5744ee27f420cc92a" counter_id="ST/US/METCZ" env="prod"></span><span item_type="announcement" item_id="515255407536048769" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 134.66 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.19.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 6.025 M.</p><p></p><h3>Financial Metrics Summary</h3><h4>Net Income and EBITDA</h4><ul><li>Net income for the first quarter of 2025 was - $9.5 million, with a Class A diluted EPS of - $0.19.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li><li>Adjusted EBITDA for the quarter was $9.8 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul><h4>Cash Costs and Margins</h4><ul><li>Non-GAAP cash cost per ton sold was $98, a $20 per ton decline compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li><li>Non-GAAP cash margins were $24 per ton, with a realized sales price of $122 per ton, the highest among its peer group.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul><h4>Production and Sales</h4><ul><li>First quarter production was a record, annualizing to 4.0 million tons despite adverse weather conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li><li>Total tons sold were 946,000, a 2% increase from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul><h4>Revenue and Costs</h4><ul><li>Revenue for the quarter was $134.7 million, a 22% decrease from the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li><li>Cost of sales was $114.1 million, an 18% decrease from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Net cash from operating activities was $26.0 million for the first quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>The Company is filing an updated Technical Report Summary relating to the Company’s Rare Earth Element (REE) exploration target for the Brook Mine property located near Sheridan, Wyoming.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512x8k.htm"></span></li></ul><h4>Exploration Target Tonnage and Grade Estimates</h4><ul><li>The Brook Mine Property Exploration Target in-place Critical Mineral Oxide (CMO) tonnage, as of March 31, 2025, ranges from 1,326 to 1,658 thousand short tons, with a grade ranging from 455 to 569 ppm on an ash-basis.<span class="superscript" item_id="0" item_type="announcement_file" value="3" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex96d1.htm"></span></li><li>The Total Rare Earth Oxide (TREO) tonnage, excluding Gallium oxide (GaO), Germanium oxide (GeO), and Scandium oxide (ScO), ranges from 1,097 to 1,372 thousand short tons, with an average grade ranging from 375 to 469 ppm on an ash-basis.<span class="superscript" item_id="0" item_type="announcement_file" value="3" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex96d1.htm"></span></li><li>GaO + GeO tonnage ranges from 127K to 159K tons with ash-basis concentrations from 44 to 54 ppm, constituting approximately 10 percent of the total CMO tonnage.<span class="superscript" item_id="0" item_type="announcement_file" value="3" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex96d1.htm"></span></li><li>ScO tonnage ranges from 102K to 128K tons, with average oxide grade ranging from 35 to 44 ppm, constituting approximately 8 percent of the total CMO tonnage.<span class="superscript" item_id="0" item_type="announcement_file" value="3" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex96d1.htm"></span></li></ul><h4>Outlook and Guidance</h4><ul><li>Ramaco intends to continue its REE exploration efforts throughout areas of the Brook Mine Property, beyond the existing permit area. The company plans to maintain current practices on core drilling, sample collection, and testing protocols, and continue testing to evaluate REE mineralogical associations and extraction methods.<span class="superscript" item_id="0" item_type="announcement_file" value="3" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex96d1.htm"></span></li><li>The company has lowered its 2025 cost per ton sold guidance to $96 – $102 and reduced capital expenditure guidance to $55 – $65 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li><li>Full-year 2025 production is anticipated to be 3.9 – 4.3 million tons, with sales expected to be 4.1 – 4.5 million tons. The company is optimizing production and sales to enhance margins and benefit free cash flow in light of weak market conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687187/000155837025007257/metc-20250512xex99d1.htm"></span></li></ul>

RAMACO RESOURCES INC 8.375% SENIR FXD NT DUE 30/11/2029 USD25 | 8-K: FY2025 Q1 Revenue: USD 134.66 M