Ramaco Resources, Inc. 8-K

What Happened

• On December 23, 2025, Ramaco Resources, Inc. (METC) and Mulberry Industries issued a joint press release announcing a non‑binding memorandum of understanding (MOU). Under the MOU, Ramaco will negotiate an agreement to provide, on a non‑exclusive basis, customized oxide blends (the “Feedstock”) that include samarium, neodymium‑praseodymium (NdPr), yttrium, gallium and dysprosium/terbium (Dy/Tb). Mulberry intends to use the Feedstock to bolster its rare-earth stockpile for manufacturing advanced permanent magnets. The press release is attached as Exhibit 99.1 to the Form 8‑K.

Key Details

• Date filed/announced: December 23, 2025.
• Parties: Ramaco Resources, Inc. and Mulberry Industries.
• Materials: Customized oxide blends containing samarium, NdPr, yttrium, gallium and Dy/Tb.
• Status: Non‑binding, non‑exclusive MOU to negotiate a supply agreement; no pricing, volumes or definitive terms disclosed.

Why It Matters

• This MOU signals a potential new supply relationship and exposure for Ramaco to the rare‑earth supply chain, specifically materials used in advanced permanent magnets — a strategic market for electric vehicles, wind turbines and electronics.
• For investors: there is potential for future revenue if a definitive supply agreement is reached, but the arrangement is not binding and contains no financial terms yet. Monitor future filings and press releases for definitive agreements, volumes, pricing or timing updates.