SHERIDAN, Wyo., Sept. 30,
2024 /PRNewswire/ -- Ramaco Resources, Inc.
(NASDAQ: METC) announced today it has hired Dr. Vishnu Sundaresan
as senior vice president of Technology to help lead the company's
expanding rare earth element (REEs) and carbon products activities.
In his role, Dr. Sundaresan will chart Ramaco's technology strategy
and oversee the development and implementation of innovative
technology solutions to support the company's REE and coal to
advanced carbon products growth.
Dr. Sundaresan joins Ramaco following his work as a program
manager at the Defense Advanced Research Project Agency (DARPA).
DARPA is a research and development agency of
the United States Department of Defense. It
is responsible for the development of emerging technologies
for use by the military and is tasked with making pivotal
investments in breakthrough technologies for national security.
At DARPA, Dr. Sundaresan led a portfolio of research and
development programs focused on developing novel chemistries for
recycling of critical materials from electronic waste,
decentralized manufacturing of pharmaceuticals,
quantum electrochemistry and electrochemical interfaces in
solid-state batteries. He received DARPA's Meritorious Public
Service Medal for his contributions to the agency and Department of
Defense.
He also brings two decades of prior experience as a scientist
and tenured engineering faculty member at The Ohio State University's Mechanical and Aerospace
Engineering Department and Virginia
Commonwealth University's Mechanical and Nuclear Engineering
Department. He received the CAREER award at the National Science
Foundation and the Lumley Research Award at The Ohio State University. Dr. Sundaresan holds a Ph.D.
in Mechanical Engineering from Virginia
Polytechnic Institute and State University.
"We are thrilled that Dr. Sundaresan has agreed to bring his
knowledge, experience and leadership to Ramaco," said Randall Atkins, Chairman and CEO of Ramaco.
"Vishnu has a proven track record and passion for innovation that
will be instrumental to our future success. The discovery of rare
earth elements and critical materials in unconventional coal
related deposits at our Brook Mine in Wyoming opens a new frontier for innovation in
smart mining, as well as critical mineral materials recovery and
processing. Vishnu's unique skill set and dedication to excellence
align perfectly with our mission and future development
opportunities."
"I am excited to join the Ramaco team, building on the company's
substantial prior work and solid foundation in both REEs and coal
to carbon products," said Dr. Sundaresan. "Ramaco is uniquely
positioned to become a leading supplier of critical materials as
well as end user hardware for both domestic and defense markets.
Advances in digital tools over the last decade have reached a
sufficient level of maturity for competitively mining and
processing ores, and manufacturing them into finished hardware such
as magnets, semiconductor wafers and lasers. I look forward to
developing and deploying scalable innovative strategies to rapidly
grow the company's REE and carbon products activities," said Dr.
Sundaresan.
About Ramaco Resources, Inc.
Ramaco Resources, Inc. is
an operator and developer of high-quality, low-cost metallurgical
coal in southern West Virginia and
southwestern Virginia, as well as
an emerging producer of rare earth elements and critical minerals.
Its executive offices are in Lexington,
Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has
active mining complexes in Central
Appalachia and the Brook Mine in Sheridan, Wyoming, where the company and
researchers form the Department of Energy's National Energy
Technology Laboratory have discovered potentially world-class
deposits of rare earth elements. Contiguous to the Wyoming mine it operates a research and pilot
facility related to the production of advanced carbon products and
materials from coal. In connection with these activities, it holds
a body of roughly 50 intellectual property patents, pending
applications, exclusive licensing agreements and various
trademarks. For more information about us, please visit our website
at www.ramacoresources.com.
Point of Contact:
INVESTOR RELATIONS: info@ramacometc.com or 859-244-7455
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SOURCE Ramaco Resources, Inc.