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Ramaco outlines cold storage and mineral research plans near Taylor's Quarry
Summary
Ramaco officials told the county the company is building a cold storage and research facility near Taylor's Quarry, expects completion by next fall, has hired three new employees this year, and is investigating synthetic graphite and rare earth extraction methods at ICAM.
Ramaco representatives Steve Kreutzer and Jeff Barron briefed the board on ongoing projects near Taylor's Quarry, saying the company is constructing a cold storage and research facility expected to be completed by next fall and is expanding research into synthetic graphite and critical minerals such as rare earths at the ICAM facility.
Kreutzer said the company has hired three new employees this year, including a geologist, and that extracted coal material has not yet been sold because samples remain under analysis; the company plans to pursue contracts once operations ramp up and extraction and processing methods are established. Kreutzer described potential future steps if significant rare earth deposits are confirmed, including mining followed by development of tailored extraction processes still under study.
