Alpha Natural Resources Completes Sale of Mining Assets in Eastern Kentucky

Published: October 24, 2016 |

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Alpha Natural Resources Holdings, Inc. and ANR, Inc., along with their affiliate Enterprise Mining Corporation, LLC, have divested substantially all of the assets of the Enterprise mining operations in eastern Kentucky to Kingdom Coal, a subsidiary of Keystone-Kingdom Resources, based in Fort Worth, Texas.

The sale includes the EMC #9A mine and the Roxana preparation plant in Knott/Letcher County, Kentucky. EMC #9A produced 393,000 tons of thermal coal for power generation in the first half of 2016; the operation was idled in July.

“With the sale of the Enterprise mining complex to Kingdom Coal we have commenced the implementation of our strategy to divest non-strategic properties. As we review divestitures of properties, identification of third parties that will retain our team members and resume operations is paramount. In this case, we were pleased that Kingdom Coal has indicated a desire to restart the Enterprise mines and retain many of our team members,” said David Stetson, CEO of Alpha Natural Resources.

About Alpha Natural Resources
Alpha Natural Resources Holdings, Inc. and ANR, Inc. have affiliate mining operations in West Virginia and Kentucky, and supplies metallurgical coal to the steel industry and thermal coal to generate power. ANR has offices in Kingsport, Tennessee, and Julian, West Virginia, which support 17 active mining operations. ANR is committed to being a leader in mine safety and an environmental steward in the communities where its affiliates operate.

To stop by Alpha Natural Resources’ website, CLICK HERE

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