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Press Releases

STATE APPROVES FIRST COAL/CARBON ORE MINE IN ALMOST FOUR DECADES, AIMED AT CREATING HIGH-VALUE USES FOR WYOMING’S LARGEST RESOURCE

July 7, 2020

A historic moment for Wyoming’s mining economy was announced today, as the Department of Environmental Quality awarded tech company Ramaco Carbon approval to mine its private coal/carbon ore assets at the Brook Mine, located in a traditional mining area outside Sheridan.

This will create Wyoming’s first mine in almost four decades, but for a new purpose: developing alternative uses for coal beyond burning it, and potentially revitalizing a key facet of both the state and the national economy. This also constitutes a permit of one of the largest private coal/carbon ore reserves in the country.

 

RAMACO FORMS PARTNERSHIP WITH OAK RIDGE NATIONAL LABORATORY, U.S. DEPARTMENT OF ENERGY’S LARGEST SCIENCE AND ENERGY LABORATORY

June 2, 2020

Ramaco Carbon has entered into a partnership with Oak Ridge National Laboratory (ORNL), the nation’s largest U.S. Department of Energy (DOE) science and energy laboratory, to explore innovations for the conversion of coal to high-value advanced carbon products and materials.

The five-year umbrella cooperative research and development agreement (CRADA) will allow ORNL and Ramaco Carbon to work together on new projects that use coal as a manufacturing feedstock for carbon fibers, building products and composites, as well as electrodes for energy storage devices and new materials for additive manufacturing, including large-scale 3D printing. The research will be funded by DOE’s Office of Fossil Energy and Ramaco Carbon. Previously, Ramaco Carbon and ORNL collaborated on related research under separate agreements for nearly four years.

 

RAMACO RECEIVES KEY MINE APPROVAL FROM WYOMING DEPARTMENT OF ENVIRONMENTAL QUALITY

March 2, 2020

After a lengthy period of review over almost seven years, local tech company Ramaco Carbon has received a key approval on its application to mine its private coal assets at the Brook Mine, located in a historic mining area outside Sheridan.

Bjorne Kristiansen, Permit Coordinator for the state Wyoming Department of Environmental Quality’s Land Quality Division (WDEQ/LQD) District 3, informed Ramaco in a written document last week that Brook Mine’s permit application has been deemed technically complete under the Wyoming statutes governing the mine approval process.

 

RAMACO APPOINTS RESEARCH DIRECTOR FOR WYOMING, WEST VIRGINIA FACILITIES

January 22, 2020

Ramaco Carbon has hired Christopher Yurchick to serve as director of research and manage research operations for the company in Sheridan and Charleston, West Virginia. Coming to Ramaco with over a decade of experience working in joint academic/industrial ventures, Yurchick will help spearhead the development of Ramaco’s research facilities. The first research center, called an iCAM, is now under construction in Sheridan County and is scheduled to open this summer. A second research center is planned to be located in West Virginia.

 

WEST VIRGINIA GOVERNOR ANNOUNCES PARTNERSHIP WITH RAMACO CARBON

January 9, 2020

West Virginia Governor Jim Justice has announced an agreement with Ramaco Carbon to open a new research facility in West Virginia to pursue research related to the use of coal as the precursor for advanced carbon products and materials. “I am excited beyond belief to welcome Ramaco Carbon’s next incredible research facility to our great state. It’s a complete game-changer for us and, really, the entire country,” Justice said during his state-of-the-state address Wednesday.

 

RAMACO CARBON AND TERRAPOWER TEAM UP FOR DOE-SUPPORTED PROJECT

November 5, 2019

Coal has been labeled an obstacle to achieving a cleaner environment. One project, the target of a recent Department of Energy grant, surprisingly aims to make it part of the solution. The project, which will receive over $1 million in federal funding, aims to develop an emissions-free process to produce carbon fiber using coal. The grant’s prime recipient, Ramaco Carbon, will work with TerraPower, a nuclear innovation company in Bellevue, Washington, to develop the process, which could result in significant environmental benefits.

 

MILLIONS IN FEDERAL FUNDING ANNOUNCED FOR RAMACO AND PARTNERS

September 23, 2019

The U.S. Department of Energy announced Ramaco Carbon is the recipient of millions in new federal grants to support the creation of high-value alternative uses for coal in developing both advanced carbon products and advanced materials. Ramaco Carbon is the recipient and a sub-recipient on four cost-shared research and development grants, totaling more than $5 million.

“We hope that this can lead to both a brighter future for the wider coal industry and perhaps even help establish Sheridan, Wyoming as the Carbon Valley nexus for this cutting-edge research,” said Ramaco Carbon CEO Randall Atkins.

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EXPERTS TALK COAL-TO-PRODUCT TECH AT RAMACO RESEARCH RODEO v2.0

July 9, 2019

Researchers with expertise in converting coal into innovative advanced materials and products shared their insights with research colleagues from private industry, other national laboratories and academia at the second annual Ramaco Research Rodeo (R3) in Sheridan, Wyoming. In addition to representatives from National Energy Technology Laboratory — a Ramaco partner — R3 participants attended from the Massachusetts Institute of Technology, Ohio University, the University of Kentucky, Oak Ridge National Laboratory, Western Research Institute, the University of Illinois at Chicago and West Virginia University.

Read more from partner NETL

REPORT ON FUTURE OF COAL ISSUED TO U.S. SECRETARY OF ENERGY, CHAIRED BY RAMACO CARBON CEO

May 21, 2019

At the request of U.S. Secretary of Energy Rick Perry, the National Coal Council was asked to study innovative new uses for coal beyond power generation. Sheridan-based Ramaco Carbon was asked to spearhead the report’s creation.  The report – “Coal in a New Carbon Age: Powering a Wave of Innovation in Advanced Products & Manufacturing” – concludes that coal offers significant potential beyond its current uses as a feedstock to fuel power plants or to produce coke used in making steel.

 

RAMACO CARBON CEO ELECTED TO SENIOR LEADERSHIP OF NATIONAL COAL COUNCIL

April 25, 2019

Ramaco Carbon CEO Randall Atkins has been elected vice chair of the National Coal Council (NCC) for the remainder of the year and chair-elect for 2020. Atkins was originally appointed to the NCC by U.S. Secretary of Energy Rick Perry in 2017. Atkins also chairs a task force currently drafting a report for Secretary Perry on advanced uses for coal, including manufacturing of many forms of carbon products and materials. The report is titled “Coal in a New Carbon Age: Powering a Wave of Innovation in Advanced Products and Manufacturing,” and is scheduled to be delivered to Perry in June.

 

COURT UPHOLDS RAMACO’S RIGHT TO MINE COAL AT BROOK MINE

April 22, 2019

Ramaco Carbon’s ability to mine its private coal assets cleared a key hurdle, when a Wyoming District Court Judge in Cheyenne affirmed that the Wyoming Environmental Quality Council was correct to give Ramaco an “order in lieu” of consent over objections from Big Horn Coal, a subsidiary of Utah-based coal mining company Lighthouse Resources and a surface owner to part of Ramaco’s holdings. A “order in lieu” of consent is a provision in Wyoming statutes that allows a state agency to grant consent to a mining applicant’s permit filing when a surface owner is being unreasonable in withholding such consent.

 

RESEARCH OF DEVELOPING COAL INTO LOW-COST CARBON FIBER ADVANCES

April 2, 2019

A research project led by Western Research Institute, aimed at lowering the cost of carbon fiber for use in the automotive industry, has been approved by the U.S. Department of Energy (DOE) to proceed into the second year of a three-year program. Ramaco Carbon is an industry partner in the project, and part of a coalition that  includes University of Wyoming’s Mechanical Engineering Department, researchers from the Massachusetts Institute of Technology (MIT) and Oak Ridge National Laboratories. The project was selected under a competitive funding opportunity with the final negotiated project valued at $5.2 million.

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Q&A: RAMACO REASSESSES THE VALUE OF COAL

November 19, 2018

In this interview with Argus Media, Ramaco Carbon CEO Randy Atkins discusses the potential for alternative uses for coal as a feedstock that could lower the cost of products like carbon fiber and resin and the macroeconomic benefits to the coal industry of diversifying coal’s uses.

Read the interview

AMERICAN COAL MAGAZINE FEATURES RAMACO CARBON ON FUTURE OF INDUSTRY

November 1, 2018

Ramaco Carbon CEO Randy Atkins was invited to publish a column in American Coal Magazine. The column discusses the future of the industry, the economic potential of coal-to-products, and the implications of the company’s Sheridan project. 

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RAMACO SUBMITS REVISED MINE PERMIT APPLICATION, PROVIDES EXTENSIVE ENVIRONMENTAL PROTECTIONS

October 19, 2018

Today carbon tech company Ramaco Carbon submitted a revised permit application for the Brook Mine, on mineral reserves and land it owns and controls in Sheridan County. Rather than simply addressing the issues raised by the Environmental Quality Council (EQC) in September 2017, the application revises and improves the requested permit with comprehensive environmental and quality of life protections.

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COUNTY APPROVES ICAM RESEARCH CENTER FOR CONSTRUCTION

October 12, 2018

Ramaco Carbon that construction of the first phase of its campus, named iCAM (Carbon Advanced Materials), has been green-lighted by county officials. Site work is scheduled to begin immediately.

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RAMACO CEO TESTIFIES BEFORE U.S. CONGRESS ON FUTURE OF COAL

July 25, 2018

Ramaco Carbon CEO Randy Atkins spoke before the the U.S. House Committee on Natural Resources as part of a hearing titled “Assessing Innovative and Alternative Uses of Coal.” Atkins said Ramaco’s aim is to use the carbon from coal to create various products. Those efforts are focused in four areas: coal to carbon fiber; coal to resins, which will be used in 3-D manufacturing; coal to building products; and coal to medical technology, which will use carbon to create medical sensors.

Watch the appearance

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RAMACO FORMS UNIQUE PARTNERSHIP WITH NATIONAL LABORATORY

June 7, 2018

The U.S. Department of Energy’s National Energy Technology Laboratory has joined forces with Wyoming-based Ramaco Carbon to develop what could become a new coal-based feed stock for valuable consumer products. The organizations have signed a umbrella cooperative research and development agreement (CRADA), allowing them to work together on specific projects.

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COUNTY APPROVES REZONE OF RAMACO PROPERTY

March 6, 2018

Sheridan County commissioners voted to approve the rezone of about 114 acres of Ramaco’s privately-owned lands north of Sheridan from agricultural to industrial, allowing the company to move forward with its plan to build manufacturing and research facilities on the land. In a statement, CEO Randy Atkins said, “We humbly extend our sincere thanks to the Sheridan community. … We look forward to rapidly moving ahead with iPark and iCam as positive additions to the community and to Wyoming overall.”

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RAMACO ANNOUNCES PRODUCTION PARTNERSHIP WITH CARBON3D, INC.

November 8, 2017

Ramaco Carbon announced a production partnership agreement with Carbon, a Silicon Valley-based 3D manufacturing company. Under the agreement, Ramaco Carbon will produce a variety of products and component parts for third parties using Carbon’s 3D printers. These components will be manufactured at Ramaco’s Wyoming iPark industrial facility outside of Sheridan.

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