Share “Arch Coal idles mine complex in Va., Ky.”

Arch Coal idles mine complex in Va., Ky.

Published on NewsOK Modified: July 21, 2014 at 3:39 pm •  Published: July 21, 2014

APPALACHIA, Va. (AP) — Arch Coal says it is idling the Cumberland River Coal Company complex in Wise County, Virginia, and Letcher County, Kentucky.

Officials said Monday that more than 210 full-time positions are being eliminated by the move.

Arch Coal CEO John Eaves says the company is responding to market challenges for metallurgical coal used to make steel. Eaves said the company's strategy is to shift its portfolio toward higher-margin, lower-cost metallurgical coal operations. The mining complex had previously shuttered two contract mines during the second quarter of 2013.

Idling the operations will reduce the company's 2014 metallurgical coal sales volumes by about 200,000 tons. Arch Coal now expects to ship between 6.3 million and 6.9 million tons of metallurgical coal for 2014.


  1. 1
    Florida woman Periscopes while drunk driving
  2. 2
    Steve Spurrier is retiring immediately as South Carolina’s football coach
  3. 3
    Aunt sues 12-year-old nephew for $127,000
  4. 4
    More Americans Choosing To Renounce Citizenship Rather Than Pay Taxes
  5. 5
    Proposed bill would make college textbooks free
+ show more


× Trending energy Article