On July 23, 2025, Ramaco Resources, Inc. reported preliminary financial results indicating they sold over 1 million tons of coal for about $152-$154 million in revenue for Q2 2025, slightly down from $155.3 million in Q2 2024, and announced a $6.1 million grant for developing a pilot plant for critical mineral extraction. They also suspended their Class A stock dividend and are negotiating a credit agreement for up to $100 million in senior notes due 2030.