Ramaco Resources, Inc. is proud to announce the signing of an Umbrella Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s (“DOE”) National Energy Technology Laboratory (“NETL”). This marks a significant milestone in our longstanding partnership with NETL and collaborative research on rare earth element and critical mineral (“REE”) exploration, processing, ore deposit modeling, and commercialization strategies.
As one of NETL’s longest-standing strategic partners in the rare earth area, Ramaco intends to continue its work not only with NETL but also with a variety of the DOE’s other national laboratories to accelerate the discovery, mining, processing and creation of rare earths and critical minerals and materials at its Brook Mine in Sheridan, Wyoming. The Brook Mine has what we believe to be the largest unconventional rare earth deposit in the United States.
This multi-task and far-reaching CRADA establishes a framework for further collaborative research and development projects that include rare earth elements, critical minerals, advanced materials, carbon, carbon allotropes, coal, coal derivatives, and coal byproducts. The agreement is designed to accelerate the development and commercialization of technologies that will strengthen U.S. competitiveness, support domestic manufacturing, and drive scientific progress.
Through this initiative, Ramaco and NETL will work to integrate advanced computing, artificial intelligence, and quantum technologies to automate scientific workflows and drive rapid, data-driven discoveries in REE and critical mineral development.
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