December 31, 2025 - Ramaco Resources, Inc. (NASDAQ: METC, METCB) has announced that its principal bank lender, KeyBank, N.A. ("KeyBank"), amended the Company's existing Revolving Credit Agreement to increase the overall commitments under the Facility to $500 million, including a $350 million revolving commitment and a $150 million accordion feature. The commitments under the previous Facility were $200 million with a $75 million accordion feature. In addition, the maturity date was extended from 2029 to 2030.

This enhanced financial flexibility signifies an important milestone that supports our long-term growth objectives, and with other financing in the second half of 2025 represents almost $1 billion of capital market and banking transactions by Ramaco since this August.

KeyBank served as the Administrative Agent and KeyBank and Truist served as Joint Lead Arrangers and Joint Book Runners for the Facility, while Truist served as Syndication Agent. Associated Bank, National Association and Old National Bank served as Co-Documentation Agents. Other banking partners Morgan Stanley, Goldman Sachs, Texas Capital, STAR Financial, and Trustmark are also part of the overall syndicated Facility.

"We appreciate our strengthened partnership with KeyBank and value the key players in our expanded syndicate," said Randall Atkins, Ramaco's Chairman and Chief Executive Officer. "We sincerely appreciate KeyBank's continued support of our Company since 2018.  The new Facility increases our overall credit capacity to $500 million and extends the term to 2030, providing us with significant financial flexibility. This solid foundation enables us to continue disciplined growth in our metallurgical coal business, return capital to shareholders, and to advance our Brook Mine critical mineral and rare earth development. We believe the amended credit facility enhances our ability to create long-term value for our investors."

Additional information regarding the amended Revolving Credit Agreement may be found in the Company's Current Report of Form 8-K filed with the SEC today. 

About Ramaco Resources

Ramaco Resources, Inc. is a dual platform critical mineral company that is both an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and a developing producer of coal, rare earth and critical minerals in Wyoming. The Company's executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development near Sheridan, Wyoming in the initial stages of production.

In 2023, the Company announced that a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Contiguous to the Wyoming mine, the Company currently operates a carbon research and pilot facility related to the development and production of advanced carbon products and materials derived from coal. In connection with these activities, it holds a body of roughly 76 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks.