Third Quarter 2017 Earnings Call Presentation · 250 West Main Street, Suite 1800 Lexington, KY...

Third Quarter 2017 Earnings Call Presentation

Randall W. Atkins Executive Chairman

Michael D. Bauersachs President & CEO

Elk Creek Plant – Clean Coal Stockpile

Elk Creek Plant – Drive Over Truck Dump Installed

Elk Creek Plant – Initial Clean Coal

Elk Creek Plant – Loadout Reclaim Progress

Elk Creek Plant – Continued Progress

Elk Creek Plant – Raw Coal Feeding Silo

Elk Creek Plant – Temporary Refuse Stacker

Elk Creek Plant – Coal Silos

Berwind Breaker Installation – AEP Substation

Berwind Canopy Installation

Berwind HV Power Lines Installed to Mine

Berwind Mine and Haul Road

Berwind Faceup

Berwind Remaining Faceup Coal to Truck

Ram – Gas Mine Faceup Excavation

Ram – Surface Coal Stockpiles

StoneCoal Alma Mine and Stockpile

Berwind Faceup Time Comparison

250 West Main Street, Suite 1800

Lexington, KY 40507 (859) 244-7455

Symbol: METC – NASDAQ www.ramacoresources.com