Calendar of Events
| Cobalt Coal Re-opens Westchester Mine |
 |
 |
 |
| Tuesday, 20 July 2010 15:34 |
|
Cobalt Coal Corp. announced during late May it has begun coal production at its Westchester metallurgical coal mine, located in McDowell County, W.Va. The Westchester mine produces high quality, low-vol met coal. The Westchester mine operated from fourth quarter 2008 until second quarter 2009, when the global recession caused demand for met coal to drop dramatically. Cobalt received a new purchase order for coal in the first quarter of 2010 and has since been working to put the Westchester mine back into production.
“This is a significant step for our company as we are now an active producer of metallurgical coal,” said Cobalt President and CEO David M. Lewis. “Having demonstrated our ability to bring coal projects into production, there are now additional opportunities for expansion at Westchester and elsewhere. The market for metallurgical coal remains robust.” Cobalt is a publicly traded coal exploration and production company headquartered in Calgary, Alberta, Canada, with a regional office in Welch, W.Va. The company was created in August 2007 to capitalize on the growth opportunities in the met coal business. |
