Metallurgical coal will continue to represent an increasingly important part of Blackhawk Mining LLC’s production portfolio in 2018, with the Lexington, Kentucky-based company expecting to mine and sell nearly 9 million tons of met coal out of its total projected output of 14.5 million tons.
The strategic decision to grow its met coal business was behind Blackhawk’s late 2017 restructuring of long-term debt, freeing up nearly $100 million of incremental liquidity the company can use to strengthen its balance sheet.
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