Trinity owns and operates mines in Kentucky and West Virginia, and has a proven resource base of approximately 200 million tons of coal—split equally between metallurgical coal and steam coal. Denham acquired Trinity in January 2005 and during its ownership, Trinity more than doubled reserves as well as increased productive capacity from approximately 1.7 million tons per year (tpy) to as much as 9 million tpy. Essar’s acquisition of Trinity will provide access to a proven coal resource base in the U.S. to be integrated into its steel and power operations worldwide.
“Over the last five years, our partnership with Denham has strengthened our management team and enhanced operational quality to drive value creation across the organization,” said Ken Woodring, CEO, Trinity Coal. “In this new era of our firm, we are excited to become a leading provider of resources to Essar as it increases production to meet demand for its expanding customer base.”
Trinity operates six mining complexes with a total of 10 surface mines, three underground mines and six highwall miner units in the Central Appalachian coal basin. The firm is based in Scott Depot, W.Va., and employs approximately 650 miners.