Rhino Resource Partners posted a $2 million loss for the first quarter of 2017. Rick Boone, president and CEO of Rhino’s general partner, however, noted improvements. “The recovery in the met coal markets had a significant positive impact on the operating results for the first quarter of 2017,” Boone said. “Revenue grew for the quarter and year-over-year as well as our EBITDA. In the first quarter of 2017, we fully contracted our met and thermal forecast production for the year. We expect the improved market situation will continue to provide positive financial results for the remainder of 2017.”
Read the Whole Article in our Digital Edition
