Ramaco reduces staff numbers as it partially shuts met coal mine

US headquartered metallurgical coal producer Ramaco Resources on Monday announced the partial closure of its Berwind low-volatile development mine complex, on the border of Virginia and West Virginia to align its production with the weakened market.

About 44 miners would be impacted and the personnel reductions were effective immediately, it said in a statement.

"The continued deterioration of both the domestic and export metallurgical coal markets, driven in large part by the Covid-19 pandemic have led us to make this difficult decision," said executive chairperson Randall Atkins.