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Wyoming’s first new coal mine in decades to extract rare earths

WYOMING, JUL 11 – The Brook Mine could supply 3-5% of U.S. permanent magnet demand and reduce dependence on China, which controls nearly 90% of global rare earth supply, officials said.

  • Last month, Ramaco Resources, Inc. began construction near Sheridan, Wyoming, on the state's first newly developed coal mine in half a century, aiming to extract rare earth elements and other vital minerals from the coal.
  • This mine development responds to U.S. dependence on China for nearly 90% of rare earth elements and aims to reduce supply risks amid a national push for strategic mineral reserves.
  • The Brook Mine contains unique coal seams rich in rare earths like neodymium and terbium and received a $6.1 million Wyoming grant to build a processing plant, with full development estimated at $500 million.
  • Ramaco CEO Randall Atkins indicated that the company plans to extract coal in Wyoming, carry out refining operations locally, and supply the resulting products to U.S. customers, including government agencies, as part of a domestic sourcing initiative.
  • The project could meet over 10% of America’s rare earth demand by late 2026 and represents a strategic step toward reducing Chinese dominance and securing energy and manufacturing independence.
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America First Report broke the news in on Thursday, July 10, 2025.
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