Investor Presentaiton
CORE: COAL ROYALTIES OVERVIEW
Royalty income generated from properties mined by Ramaco
Coal Infrastructure Overview
CORE generates coal royalty income from properties that
are controlled by Ramaco Resources (with a de minimis
amount leased to third parties).
CORE's receives royalties from all coal that Ramaco
produces at its Elk Creek and Berwind Complexes, which
accounted for 91% of total Ramaco production in 2022.
Forecasted royalty payments of $16 million in 2023 based
on 3.2 million tons of expected coal sold (which excludes
Knox Creek).
Asset Overview
Elk Creek Mining Complex
Estimated 30MM tons of coal reserves
and 215MM tons of measured and
indicated coal resources.
Expect the Elk Creek Complex to sell
approximately 2.4 million tons in 2023.
RAMACO
RESOURCES
Knox Creek Complex
Currently leased from third-party
owners and not included in CORE
royalty assets.
Contains approximately 8 million tons
of coal reserves and 301 million tons of
measured and indicated coal resources.
RAM Mine
Pittsburgh
Logan
RAM Mine
Elk Creek Reserve
Wyoming
O
Kentucky
Pike
Virginia
Buchanan
West Virginia
McDowell
Mercer
Berwind Reserve
Berwind Mining Complex
> Estimate 24 million tons of coal
reserves and 629 million tons in-place
of measured and indicated coal
resources with a mine life of over
20 years.
At full production, including Amonate
expected to sell approximately 0.8
million tons in 2023.
Located in southwestern PA, consists of
1,570 acres.
Future production subject to final
permits.
Estimate an annualized rate of
between 300,000 and 500,000 tons
with an estimated 10 years of
mining life.
16View entire presentation