Ramaco Resources raises 2026 cash cost guidance to $101-$103 per ton
METC•
METC•Ramaco Resources raised its 2026 cash-cost guidance to $101-$103 per ton from $96-$99, citing higher diesel prices. It expects fourth-quarter adjusted EBITDA to exceed the first three quarters combined and says 2027 domestic coal commitments could generate more than $65 million in adjusted EBITDA.
Ramaco Resources raised its 2026 cash-cost guidance to $101-$103 per ton from $96-$99, reflecting higher diesel prices. The company expects fourth-quarter adjusted EBITDA to exceed the combined total for the first three quarters as coal pricing strengthens. Its 1.7 million tons of domestic coal commitments for 2027 are expected to generate more than $65 million in adjusted EBITDA.
Roughly 600,000 tons of excess coal inventory could provide a $75 million working-capital tailwind over coming quarters at current prices. Brook Mine capital spending is forecast at roughly $25 million in 2027 before a refinery investment decision, while operating spending should remain similar.