U.S. News Archives - Coal Age

U.S. News

SunCoke Expects 2024 Sales to Increase

SunCoke Energy, Inc. (SXC) reported total coke production of 5.6 million tons for 2023. “We continued to advance our foundry business by completing a foundry coke expansion project and expanding our market participation,” said...

ACNR to Close Pride Mine

Muhlenberg County Coal Resources, Inc., an affiliate of American Consolidated Natural Resources (ACNR) will close the Pride mine in Kentucky, according to local press reports citing the Muhlenberg...

Hallador Restructures Sunrise Coal

Hallador Energy announced a restructuring of the company’s Sunrise Coal Division in Indiana. “As we transition Hallador from a coal production company to a vertically integrated independent power...

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United Donates Rescue Equipment to Virginia Tech

United Coal Co. (UCC) generously donated Biomarine mine rescue equipment to Virginia Tech’s Mine Engineering Department. This equipment is intended to bolster mine rescue training opportunities for...

NMA Applauds End to Unlawful Coal Moratorium

The National Mining Association (NMA) applauded a ruling from the Ninth Circuit vacating a prior, unprecedented ruling from the district court, which manufactured a nationwide injunction against...

CONSOL Shifts More Coal to Export Markets

CONSOL Energy sold 26 million tons in 2023 and reported $858 million related to operating activities. During Q4 2023, the Pennsylvania Mining Complex (PAMC) produced 6.6 million tons and shipped 6.8...

Peabody Closes New Revolving Credit Facility

Peabody Energy announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company’s outstanding Convertible Senior Notes due March...

Corsa Sells More Coal Despite UG Challenges

Corsa Coal Corp. shipped high metallurgical coal volumes during Q3 2023, its highest since the Q2 2020, and a 13% increase over Q3 2022. “Operationally, our surface mines performed well in the quarter delivering improved...

Warrior Met Sees Strong Demand

Warrior Met Coal, Inc. reported net income for Q3 2023 of $85.4 million, a decrease from net income of $98.4 million in Q3 2022. The company’s quarterly sales volumes rose 51% to 2.3 million tons in Q3 2023. “As evidenced by our...

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