New appointment announced in Ramaco's senior management team
Ramaco Resources Welcomes Joseph M. Stopper as Senior Vice President
Ramaco Resources, Inc., a leading operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia, and Wyoming, has announced the hiring of Joseph M. Stopper as Senior Vice President of Planning and Analysis.
Mr. Stopper, a highly regarded financial figure in the energy sector, brings a wealth of experience to Ramaco Resources. Prior to his government work, he was a partner at New York based Yorktown Energy Partners. During his 12 years at Yorktown, he served on the board of directors for numerous companies across the energy industry's broad spectrum.
In his most recent role, Mr. Stopper was a senior director for the White House National Energy Dominance Council and senior advisor to the Office of the Secretary, U.S. Department of the Interior. His experience in energy-related financing and senior levels of energy policy at the Trump Administration will undoubtedly benefit Ramaco Resources.
At Ramaco, Mr. Stopper will be focusing his work on investment finance, capital management, and the structuring and procurement-related activities for both the Company's rare earth elements and critical minerals sector, as well as the metallurgical coal platforms.
The company is excited to have Mr. Stopper joining their team at this critical juncture of the growth in their dual emerging critical mineral platforms. Ramaco Resources is also developing coal, rare earth, and critical minerals in Wyoming, and operates a carbon research and pilot facility related to the production of advanced carbon products and materials from coal in the state.
In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Ramaco Resources holds a body of approximately 76 intellectual property patents, pending applications, exclusive licensing agreements, and various trademarks in this area.
However, it's important to note that Ramaco Resources' forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from the results discussed in the forward-looking statements. These factors include unexpected delays in the company's current mine development activities, failure to successfully ramp up production, increased government regulation of coal, the impact of tariffs, the further decline of demand for coal in export markets, underperformance of the railroads, the company's ability to successfully develop the Brook Mine REE/CM project, and other risks and factors found in the company's SEC filings.
For more information, contact investor relations at (859) 244-7455. Ramaco Resources' news and additional information, including SEC filings, are available at https://www.ramacoresources.com. The company's executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia, and Sheridan, Wyoming.
Ramaco Resources is pleased to welcome Joseph M. Stopper and looks forward to the contributions he will make to the company's continued growth and success.
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