Coal firms announce substantial 2nd quarter profile

Posted 11/11/22

The two major mining companies operating in the state — Arch Resources and Peabody Energy — both announced a second consecutive quarter of substantial profits.

Arch, which owns the Black Thunder Mine, reported net third-quarter income of $181 million, while Peabody, owner of the North Antelope Rochelle Mine, brought in $375.1 million in the third quarter.

This item is available in full to subscribers.

Please log in to continue

Log in