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Mulberry Industries, Ramaco Resources enter rare earth offtake MoU for Brook mine
MINING.COM· 2026-01-02 23:05
A view of Ramaco’s Brook mine property in Wyoming. Credit: Ramaco Resources. Mulberry Industries, a Georgia-based vertically integrated manufacturer of high-performance permanent magnets and advanced electrical systems, and Ramaco Resources, (NASDAQ: METC, METCB) announced that they have entered into a non-binding memorandum of understanding (MOU) to negotiate an offtake partnership that aims to bolster America’s domestic rare earth and permanent magnet supply chain. Ramaco is developing critical minerals a ...