|Ramaco Resources, Inc. Announces New Vice President for Metallurgical Sales|
LEXINGTON, Ky., May 18, 2021 -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") today announced the appointment of Bruce A. Hartshorn as Vice President - Metallurgical Sales of Ramaco Coal Sales, LLC.
Mr. Hartshorn will manage the Company's seaborne sales and marketing operations from its Lexington, Kentucky office, with additional responsibilities involving logistics, third-party coal purchasing, and product optimization, while assisting in all other aspects of the Company's coal sales and marketing.
Mr. Hartshorn brings to Ramaco more than four decades of coal sales and marketing experience, as well as an extensive background in logistics, coal purchasing and trading, and production and development. Prior to joining Ramaco, he has spent the past four years as a consultant to companies in the U.S. metallurgical coal industry.
Prior to his work as a consultant, Mr. Hartshorn spent several years at the former Contura Energy (now Alpha Metallurgical Resources) and its predecessor Alpha Natural Resources. His most recent position was as an Executive Vice President of Contura Energy and President of Contura Coal Sales, LLC.
During his time at Contura Energy and Alpha Natural Resources, Mr. Hartshorn was responsible for the sales and marketing of a met coal portfolio that reached a peak annual volume of 24 million tons and served customers in the U.S. and 26 other countries.
"Bruce is one of the best in the business, and we couldn't be more pleased to have him on board during this exciting period of growth for the Company," said Randall Atkins, Ramaco's Chairman and Chief Executive Officer.
Jason Fannin, Ramaco's Chief Commercial Officer, stated, "I am thrilled to have Bruce join our team at Ramaco. His extensive experience in all aspects of coal sales and marketing complements Ramaco's growing production and metallurgical coal portfolio. He will further strengthen Ramaco's overall sales and marketing platform as we continue to expand our customer base in the U.S. and abroad."
Mr. Hartshorn stated, "I am excited to be joining Ramaco during a transformative time, with the Company having recently announced the start of growth projects which will increase its metallurgical production by nearly 50 percent. Ramaco has grown into a world-class supplier of metallurgical coal and I look forward to helping further the Company's sales and marketing efforts."
About Ramaco Resources, Inc.
News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at https://www.ramacoresources.com.
SOURCE Ramaco Resources, Inc.
|5/18/2021 4:05:00 PM