Range Impact Inc (RNGE) is an environmental services and impact investing company that acquires, reclaims, and repurposes abandoned and idled mine sites in Appalachia. The company generates returns by acquiring mine properties burdened with legacy reclamation obligations, performing land reclamation and water restoration work, securing permit and bond releases from state environmental agencies, and unlocking the underlying land value for redevelopment. Range Impact operates through its Range Services segment, which provides environmental and operational services tied to former mine sites. The company targets economically disadvantaged communities across the Appalachian region, where it estimates approximately one million acres of abandoned, idled, and non-performing mine sites carry significant reclamation and water restoration obligations. In March 2025, the company acquired 120,154 acres of fee, surface, and mineral interests at the Fola Mine Complex. Range Impact has never paid a cash dividend and does not anticipate doing so, retaining any earnings to fund operations and expansion (per the 10-K filed 2026-03-31, fiscal year ended December 31, 2025).

Revenue model

Revenue is tied to environmental services performed through the Range Services operating segment, including land reclamation, water restoration, and mine site remediation. The company also expects to generate value from unlocking and redeveloping reclaimed land once permit and bond releases are obtained from state environmental agencies. The filing does not disclose specific revenue figures or segment revenue percentages.

Products and services

Land reclamation services; waterway and water quality restoration; mine site remediation; permit and bond release facilitation; mine site acquisition and redevelopment; water treatment solution installation for former coal mine sites in Appalachia.

Customers and end markets

The filing does not identify specific customers or disclose customer concentration data. End markets are tied to environmental remediation of abandoned coal mine sites and subsequent land redevelopment in economically disadvantaged Appalachian communities.

Value-chain role

Range Impact acts as an acquirer and operator of distressed mine site assets, performing reclamation and environmental remediation internally and through contractors, then facilitating regulatory permit and bond release to enable land repurposing. It sits between legacy mine site owners burdened by reclamation obligations and future land redevelopment uses.

Geographic exposure

Focused exclusively on the Appalachian region of the United States, as stated in the 10-K filed 2026-03-31. The Fola Mine Complex acquisition in March 2025 involved 120,154 acres in Appalachia.

Source: SEC 10-K, filed 2026-03-31

Industry: Heavy Construction Other Than Bldg Const - Contractors Peers: CLS Holdings USA, Inc. Emmaus Life Sciences Inc AmeriCann, Inc. Artelo Biosciences Inc CNS Pharmaceuticals Inc GB SCIENCES INC Johnson & Johnson Palisade Bio Inc