Ramaco Rare Earth Project Awarded $6.1 Million Matching Grant From Wyoming Energy Authority
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Ramaco Resources, Inc. has been awarded a $6.1 million matching grant from the Wyoming Energy Authority for its Wyoming CORE Brook Mine project, focusing on carbon ore and rare earth elements.
March 17, 2025 | 12:15 pm
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Ramaco Resources received a $6.1 million grant for its Wyoming CORE Brook Mine project, enhancing its financial position and potential revenue from rare earth elements.
The grant provides significant financial support for Ramaco's project, likely boosting investor confidence and the company's stock price due to enhanced project viability and potential future revenues.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90