RAMACO was formed in 2011 by Yorktown Partners,LLC, Randall Atkins and Michael Bauersachs. RAMACO was created as a coal reserve and related infrastructure acquisition and development entity. Since inception, RAMACO has acquired roughly 1.2 billion tons of coal reserves in all major U.S. coal basins. RAMACO owns the 1.2 billion ton reserve called the Brook Mine, north of Sheridan, Wyo. In October 2014, RAMACO filed the first phase permit for the Brook Mine, which is currently under permit review.