CA-Black-Transp

Arch Coal Acquires Stake in Trailblazer Center

Arch Coal recently acquired a 35% equity interest in Tenaska’s Trailblazer Energy Center, which is being developed near Sweetwater, Texas. Arch’s investment will be staged over time as the development of the project reaches key milestones.

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CONSOL Energy to Acquire Dominion’s Appalachian E&P Business

CONSOL Energy has entered into a definitive agreement to acquire the Appalachian exploration and production business of Dominion Resources, Inc. for $3.475 billion in cash. This acquisition will substantially increase its natural gas reserves and production capacity—further enhancing CONSOL Energy’s position as a leading diversified energy company with a balanced portfolio of coal and natural gas.

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Peabody Energy Acquires Equity Interest in Calera

Peabody Energy said it reached an agreement to purchase a $15 million stake in Calera Corp., which has proprietary technology that converts carbon dioxide (CO2) into green building materials. Every ton of Calera building material is expected to store as much as a half-ton of CO2.

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CONSOL Energy Offers Update on Buchanan Sales

CONSOL Energy Inc. has concluded the majority of its low-vol coking coal negotiations for fiscal year 2010-2011. The company’s Buchanan mine, located in southwestern Virginia, produces a premium low-volatile coking coal for the global steel industry.

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Luminant Planting Trees on Previously Mined Lands

More than 1 million new trees in three months that’s the plan for Luminant’s 2010 reforestation program. Crews are currently hard at work reforesting established mine sites across Texas, fulfilling Luminant’s long-standing commitment to quickly return mined land to productivity.

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