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Last $0.99 USD
Change Today -0.0423 / -4.11%
Volume 3.8M
ANR On Other Exchanges
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As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

One Alpha Place

PO Box 16429

Bristol, VA 24209

United States

Phone: 276-619-4410

Fax:

that produces sub-bituminous, low sulfur steam coal for sale primarily to utility companies. Eagle Butte consists of one mine that produces sub-bituminous, low sulfur steam coal for sale primarily to utility companies. Eagle Butte extracts coal from coal seams that total 100 feet thick. The mine sells 100% raw coal and no washing is necessary. Other Operations The company has other operations and activities in addition to its coal production, processing and sales business, including: Maxxim Rebuild and Dry Systems Technologies: The company’s subsidiary Maxxim Rebuild Co., LLC, is a mining equipment company with facilities in Kentucky and Virginia. This business largely consists of repairing and reselling equipment and parts used in surface mining and in supporting preparation plant operations. Dry Systems Technologies manufactures patented particulate scrubbers and filters for underground diesel engine applications and rebuilds underground mining equipment for external customers and its subsidiaries. Dominion Terminal Associates: Through its subsidiary Alpha Terminal Company, LLC, the company holds a 41% interest in Dominion Terminal Associates, a 20 million-ton annual capacity coal export terminal located in Newport News, Virginia. During 2014, the company shipped a total of 6.7 million tons of coal to its customers through the terminal. The terminal is held in a partnership with subsidiaries of two other companies, Arch Coal, Inc. and Peabody Energy Corp. Miscellaneous: The company engages in the sale of certain non-strategic assets such as timber, gas and oil rights as well as the leasing and sale of non-strategic surface properties and reserves. The company also provides coal and environmental analysis services. Sales and Marketing The company’s marketing and sales force is principally based in Bristol, Virginia. In addition to marketing coal produced at its operations, the company also purchases and resells coal mined by others. Business Strategy The company’s business strategy includes the following: maintaining commitment to operational excellence; capitalizing on industry dynamics through a balanced approach to selling coal; continuing to provide a mix of coal types and qualities to satisfy customers’ needs; focus on excellence in safety and environmental stewardship; and develop natural gas assets with joint venture partners. Customers The company sold coal to approximately 147 different customers in 2014. History Alpha Natural Resources, Inc. was founded in 2002.

 

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