Ramaco Resources Wins $30 Million Jury Verdict in 2018 Coal Silo Insurance Dispute
A U.S. federal jury awarded $30 million in damages to Ramaco Resources LLC, a subsidiary of Ramaco Resources Inc. (METC, METCB, METCI, METCZ), the mining company announced on September 28, 2026, resolving a long-running insurance claim tied to a 2018 coal silo incident. The verdict marks a legal win for the Kentucky-based metallurgical coal producer, which trades on Nasdaq under multiple ticker classes. The company did not specify in its announcement whether it expects to collect the full amount or whether the insurer plans to appeal. Ramaco operates coal mines and related infrastructure in Central Appalachia. The case stemmed from damage claims filed after a 2018 failure at one of its coal silos, which the company had pursued against its insurer for years.