The supply agreement provides for compliant thermal coal mined from America West’s Horizon mine in Carbon County, Utah, to commence shipping immediately, with follow-on coal trains running through the end of December 2014. In addition, the customer has the right to purchase additional coal production over and above the contracted base quantities. Based on pre-determined pricing per ton, the additional tonnage could yield up to another $46 million in revenue for America West Resources over the contracted supply period.

Share