Name of the Project
Pilot processing plant and lab.

Location
Adjacent to the Brook Mine and near the iCAM Research Center outside Sheridan, Wyoming, in the US. The Brook mine deposit, located along the north-western margin of the Powder river basin, is geologically unique and enriched with rare earths through secondary mobilisation, making it one of the most promising potential sources for rare earths in the US.

Project Owner/s
Critical minerals producer Ramaco Resources.

Project Description
Ramaco is building a new pilot processing plant and laboratory to advance rare earth and critical minerals development. The pilot facility is expected to focus on processing rare earths and critical materials recently restricted from export by China, underscoring the strategic importance of domestic production. 

Analyses performed to date have indicated that the Brook mine deposit, located along the north-western margin of the Powder river basin, is geologically unique and enriched with rare earths through secondary mobilisation, making it one of the most promising potential sources for rare earths in the US.

The facility is designed to demonstrate the technical and economic feasibility of converting domestic carbonaceous ore into high-purity individual rare-earth oxides, which are essential for US magnet production and other advanced technologies. 

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not confirmed.

Capital Expenditure
Not disclosed.

Planned Start/End Date
Initial mobilisation and site development activities started in October 2025.

Latest Developments
Ramaco continues to advance mining and geological work, including infill and expansion drilling, to refine its resource classification and support future mine planning and processing capabilities.

Key Contracts, Suppliers and Consultants
Not disclosed.

Contact Details for Project Information
Ramaco Resources, tel +1 859 244 7455 or email info@ramacometc.com.