Arch's core metallurgical segment contributed adjusted EBITDA of $132.8 million in Q2. In sum, the metallurgical segment's average selling price for coking coal decreased approximately 27 percent on a sequential basis due to the significant pull-back in seaborne coking coal prices; the average cash cost per ton sold increased by …
ST. LOUIS, June 15, 2011 -- Arch Coal, Inc. (NYSE: ACI) ("Arch" or "the company") announced today that it has completed its acquisition of International Coal Group, Inc. (NYSE: ICO) ("ICG") through a merger, with ICG becoming a wholly owned subsidiary of Arch. Prior to the merger, Arch acquired approximately 92 percent of …
ST. LOUIS, April 22, 2021 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today reported a net loss of $6.0 million, or $0.40 per diluted share, in the first quarter of 2021, compared with a net loss of $25.3 million, or $1.67 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, …
Arch Resources, a coal producer, announces record net income and adjusted EBITDA in 2022, and declares a quarterly dividend of $58 million. The company also repurchased …
Arch Resources and CONSOL Energy to Combine in All-Stock Merger of Equals to Create Core Natural Resources, a Premier North American Natural Resource Company Focused on Global Markets ... Long-Lived Longwall Coal Mining Assets and Strong Distribution Networks . Jul 25, 2024. Arch Resources Reports Second Quarter …
Arch Resources, formerly Arch Coal, is focusing on metallurgical coal for steelmaking amid the global decarbonization trend. The company is winding down its …
St. Louis, Missouri – October 11, 1999 - Arch Coal, Inc. (NYSE:ACI) announced today that it has decided not to sell two mining operations in Central Appalachia that were being considered for possible disposition. The company is still reviewing the potential sale of its Coal-Mac operation in eastern Kentucky.
In the Powder River Basin, sales volumes for the third quarter totaled 22.2 million tons versus 17.1 million tons in the second quarter of 2019. Per-unit cash costs declined to $9.77 per ton compared to $11.29 per ton in the flood-impacted second quarter. The segment's per-ton cash margin increased markedly to $2.25 versus the second quarter of 2019.
US coal producer Arch Resources Inc. agreed to merge with rival Consol Energy Inc. in a $2.3 billion deal aimed at creating a North American mining …
The Investor Relations website contains information about Arch Resources, Inc.'s business for stockholders, potential investors, and financial analysts.
GILLETTE, Wyo. (AP) — Arch Coal has announced plans to scale back production at its Black Thunder mine in northeast Wyoming by about 10 million ton (9 million metric tons) this year. Company CFO Paul A. Lang on Thursday cited flat sales and a weak market for Powder River Basin coal. Whether the production drop means layoffs at …
NORTH AMERICAN coal companies Arch Resources and CONSOL Energy are combining in an all-stock merger to form a US$5.2bn mining giant. Core Natural …
In keeping with this revision to sales volume expectations, Arch is revising its full year 2023 guidance for coking coal sales volumes to 8.6 to 8.9 million tons and its …
In 2013 Arch sold its Utah mines to Wolverine Fuels (formerly Bowie Resources) which utilizes these export terminals for sales into Japan and Mexico. In …
ST. LOUIS, March 4, 2021 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) announced today that it has issued $45.0 million of bonds in the U.S. tax-exempt market through the West ia Economic Development Authority, as a follow-on to its $53.1 million offering in July 2020.The bonds are subject to a mandatory tender for purchase …
ST. LOUIS, May 9, 2011 -- Arch Coal, Inc. (NYSE: ACI) today announced that it has established a new subsidiary, Arch Coal Asia-Pacific Pte. Ltd., and named Renato Paladino president. "Countries in the Asia-Pacific region are leading a coal market supercycle," said Steven F. Leer, Arch's chairman and chief executive officer."With an …
In the case of Arch Resources, thermal coal makes up for about 90% of sales in terms of tons - but only about 15% of the company's EBITDA. Coal tons vs EBITDA (Company's Filings, Red Kraken ...
The two mines employ an equipment fleet that includes a dragline, seven electric shovels, and a fleet of 24 trucks ranging in size from 190 tons to 320 tons. ... " Leer said. "Over the past 10 years, demand for PRB coal has grown at a 6% compound annual growth rate as it has taken sales from other geographic regions. We believe that it will ...
Arch Coal Inc. ARCH reported first-quarter 2020 operating loss of $1.67 per share, wider than the Zacks Consensus Estimate of a loss of $1.21. Total Revenues Total revenues in the reported quarter ...
"During the second quarter, the Arch team delivered another strong financial performance – with record net income, record coking coal realizations and record coking coal …
--Arch Coal, Inc. announced today that it is changing its name to Arch Resources, Inc., effective May 15, 2020. ... Loss on sale of Coal-Mac LLC-9,008---9,008. Loss (Gain) on sale of Lone Mountain ...
ST. LOUIS, Feb. 9, 2021 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today reported a net loss of $78.5 million, or $5.17 per diluted share, in the fourth quarter of 2020, compared with a net loss of $8.6 million, or $0.57 per diluted share, in the prior-year period. The net loss included a $45.0 million charge primarily related to the planned, …
ST. LOUIS, May 13, 2021 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today announced that it has joined ResponsibleSteel™, the steel industry's first global not-for-profit multi-stakeholder standard and certification initiative. Arch is the first and only U.S. metallurgical coal producer to join the organization to date.
Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. ... Arch Coal produces coal for the global steel and power generation industries and controls more than five billion tonnes of ...
Arch Coal's Black Thunder mine in northeast Wyoming produces more than 80 million tons of coal annually. In their announcement that America's second-largest coal company had filed for Chapter 11 ...
Arch Resources, Inc | 13,259 followers on LinkedIn. Arch Resources is a leading U.S. producer of metallurgical products for the global steel industry, and the leading supplier of premium High-Vol ...
ST. LOUIS, May 9, 2011 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that it has established a new subsidiary, Arch Coal Asia-Pacific Pte. Ltd., and named Renato Paladino president. ...
ADDCAR has been a wholly owned subsidiary of Arch Coal since the International Coal Group (ICG) acquisition in 2011. Kentucky -based ADDCAR's primary business is manufacturing, servicing and ...
A free inside look at Arch Coal intern salary trends based on 74 intern salaries wages for 58 jobs at Arch Coal. Intern Salaries posted anonymously by Arch Coal employees.
Under Leer's leadership, Arch has grown from a regional coal company with sales volumes of around 20 million tons to the world's fourth largest coal producer with volumes exceeding 155 million ...
We also produce low-emitting thermal products for sale to both domestic and international customers. We are a leading producer of sub-bituminous thermal coal through our Powder River Basin subsidiary in Wyoming — which operates the world-recognized Black Thunder mine — and Arch operations also supply high-quality thermal products to power ...
However, Arch continues to expect thermal coal sales volume in the range of 128 million to 134 million tons for 2012. The company also plans to realize savings on future capital spending due to the idling of several operations and the redeployment of equipment into other active operations.
Arch Coal, Inc. (NYSE: ACI) today reported net income of $42.2 million, or $0.28 per diluted share, in 2009, compared with a record $354.3 million, or $2.45 per diluted share, in 2008, when coal market conditions were stronger. ... Revenues Coal sales $725,472 $729,881 $2,576,081 $2,983,806 Costs, expenses and other Cost of coal …
The decision to idle operations at Cumberland River will reduce Arch's annual 2014 metallurgical coal sales volumes by approximately 200,000 tons. As such, the company now expects to ship between 6.3 million and 6.9 million tons of metallurgical coal for 2014. ... U.S.-based Arch Coal, Inc. is one of the world's top coal producers for the ...
ST. LOUIS, Oct. 10, 2011 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced organizational changes in its sales and human resources functions and the opening of a sales office in London ...
ST. LOUIS, May 1, 2020 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) announced today that it is changing its name to Arch Resources, Inc., effective May 15, 2020.The name change underscores the ...