Range Impact acquires distressed former coal mine sites in Appalachia, performs environmental reclamation, and then leases or sells the land for non-mining uses. The company targets large mine sites burdened by legacy cleanup obligations — grading, recontouring, revegetation, and water treatment — arguing it can acquire land cheaply because sellers want to shed the reclamation burden. Once Range Impact satisfies state permit requirements and achieves regulatory "bond release," the land can be repurposed for power generation, data centers, agriculture, or commercial development. Range Impact's two primary holdings are the Fola Mine Complex (~120,000 acres in West Virginia) and the Premier-Cambrian complex (~58,000 acres in Kentucky), both acquired with substantial assumed reclamation obligations totaling roughly $80M combined. The company operates through two segments: Range Land, which owns and manages the properties and generates revenue from coal royalties and solar leases; and Range Services, which provides reclamation, water treatment, and security services exclusively to Range Land's properties. Near-term revenue comes from coal royalties and a 25-year solar lease assumed through the Fola acquisition, while longer-term value creation depends on reclaiming the land and attracting lessees. Range Impact is a very early-stage company with 10 full-time employees and carries a going concern qualification given limited cash and minimal operating cash flow.