Illinois Basin steam coal producer Hallador Energy, which continues to trim costs at its flagship Oaktown underground mines in southern Indiana, is confident it will reach its 2017 sales projections of 6.3 million to 6.6 million tons, according to president and CEO Brent Bilsland.
Through the first half of 2017, the Terre Haute, Indiana-based company sold 6.2 million tons and was operating at only 60% capacity. Hallador has the capability of producing approximately 10 million tons annually from its mines in Indiana if demand warrants. It still has not brought its Carlisle underground mine in Sullivan County, its original flagship operation idled nearly two years ago, back into production because the two Oaktown mines are newer and lower-cost operations.
Hallador Energy Anticipates Meeting 2017 Sales Goal
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