Alpha Natural Resources Holdings, Inc. announced plans to produce 13 million tons of coal in 2017, with approximately half destined for the thermal market and half for the metallurgical market.
In a statement, CEO David Stetson said the reorganized company does not exist primarily for reclamation. “With 2,700 employees and 17 active mines and 7 prep plants, we are a fully integrated coal company with estimated 2017 production in excess of 13 million tons,” Stetson said. “While one of the largest coal producers in the Central Appalachia (CAPP) region, we remain committed to being a good steward of the environment as we honor our obligations to federal and state agencies, as well as the communities in which we operate.”
Stetson also announced Alpha’s plan for capital expansion for next year and beyond, including developing a conveyor system to connect the Workman Creek reserve base with the Marfork Preparation Plant in Raleigh County, West Virginia, which will provide transportation for 50 million metallurgical reserve tons and will remove coal trucks from local highways. Expansion is also planned for the Kepler mining complex in Wyoming County, West Virginia that will provide access to 15 million tons of premium metallurgical coal.
Stetson said additional divestitures of inactive assets are likely. “We recently sold the Enterprise Mining complex to Kingdom-Keystone and we are in negotiations for at least three other idle complexes,” he said.
Stetson also announced Alpha’s plan for capital expansion for next year and beyond, including developing a conveyor system to connect the Workman Creek reserve base with the Marfork Preparation Plant in Raleigh County, West Virginia, which will provide transportation for 50 million metallurgical reserve tons and will remove coal trucks from local highways. Expansion is also planned for the Kepler mining complex in Wyoming County, West Virginia that will provide access to 15 million tons of premium metallurgical coal.
Stetson said additional divestitures of inactive assets are likely. “We recently sold the Enterprise Mining complex to Kingdom-Keystone and we are in negotiations for at least three other idle complexes,” he said.