Alliance Resource Partners said strong second quarter coal sales volumes led total revenues higher to $516.1 million, an increase of 29.4% compared to the second quarter of 2017. Alliance is now essentially sold out for its planned 2018 sales volumes and has increased its anticipated export sales for this year to approximately 11.1 million tons.
“Coal sales volumes increased significantly as we shipped substantially all of the 1.4 million tons impacted by weather-related transportation disruptions during the Sequential Quarter,” said Joe Craft, president and CEO, Alliance. “U.S. coal market conditions remained favorable allowing us to secure new commitments for approximately 8.9 million tons to be delivered to domestic customers through 2021.