Note 16 - Subsequent Events	12 Months Ended
Dec. 31, 2024
Notes to Financial Statements
SUBSEQUENT EVENTS	NOTE 16—SUBSEQUENT EVENTS On February 18, 2025, the Company announced that the Board of Directors declared a cash dividend of $0.1971 per share of Class B common stock, which will be payable on March 14, 2025 to shareholders of record on February 28, 2025. On February 28, 2025, the Company’s Class B common stock closed at a price of $8.85, which effectively fixed the number of Class B shares to be issued to Class A shareholders on March 14, 2025 related to the non-cash dividend declared during December 2024. Based on the closing price, Class A shareholders will receive 0.015537 ($0.1375 per share divided by $8.85 per share) of one share of Class B common stock for each share of Class A common stock held on the February 28, 2025 record date. On March 17, 2025, the Company announced that it has received a $6.1 million matching grant authorized by Wyoming Governor Mark Gordon and issued by the Wyoming Energy Authority for Ramaco’s Wyoming CORE (Carbon Ore Rare Earth) Brook Mine project. The funding will match Ramaco’s significant future investment in constructing and equipping a rare earth and critical minerals pilot processing facility north of Sheridan, Wyoming. On March 17, 2025, the Company announced that the Board of Directors declared a dividend in the amount of $0.06875 per share of Class A common stock, which will be paid in Class B common stock on June 13, 2025 to Class A shareholders of record on May 30, 2025. The number of shares of Class B common stock to be distributed will be determined based on the closing price of Class B common stock on May 30, 2025. * * * * *

Note 16 - Subsequent Events

12 Months Ended

Dec. 31, 2024

NOTE 16—SUBSEQUENT EVENTS

On February 18, 2025, the Company announced that the Board of Directors declared a cash dividend of $0.1971 per share of Class B common stock, which will be payable on March 14, 2025 to shareholders of record on February 28, 2025.

On February 28, 2025, the Company’s Class B common stock closed at a price of $8.85, which effectively fixed the number of Class B shares to be issued to Class A shareholders on March 14, 2025 related to the non-cash dividend declared during December 2024. Based on the closing price, Class A shareholders will receive 0.015537 ($0.1375 per share divided by $8.85 per share) of one share of Class B common stock for each share of Class A common stock held on the February 28, 2025 record date.

On March 17, 2025, the Company announced that it has received a $6.1 million matching grant authorized by Wyoming Governor Mark Gordon and issued by the Wyoming Energy Authority for Ramaco’s Wyoming CORE (Carbon Ore Rare Earth) Brook Mine project. The funding will match Ramaco’s significant future investment in constructing and equipping a rare earth and critical minerals pilot processing facility north of Sheridan, Wyoming.

On March 17, 2025, the Company announced that the Board of Directors declared a dividend in the amount of $0.06875 per share of Class A common stock, which will be paid in Class B common stock on June 13, 2025 to Class A shareholders of record on May 30, 2025. The number of shares of Class B common stock to be distributed will be determined based on the closing price of Class B common stock on May 30, 2025.

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