Ramaco Resources Inc., a U.S. coal producer, is in talks with Japanese trading companies regarding potential supply agreements for rare earth elements it intends to extract in Wyoming. Bloomberg posted on X that these discussions are part of Ramaco’s strategy to diversify its operations beyond coal production. The company aims to tap into the growing demand for rare earths, which are crucial for various high-tech applications. This move aligns with global efforts to secure stable supplies of these critical minerals.
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