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Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody Energy.
On June 15, 2011, Arch Coal acquired International Coal Group through a merger for $3.4 billion. ICG became a wholly owned subsidiary of Arch Coal. Coal prices were rising as demand for coal from China and India were increasing. The merged company is the second-largest coking-coal producer in the United States. [6]
The coal industry is in the midst of a painful market correction. There are positive signs beginning to emerge, but Arch Coal , one of the industry's biggest players, isn't ready to call the upturn.
Arch Resources (NYSE:ARCH) and Consol Energy (NYSE:CEIX), two of the largest coal miners in the United States, are entering a merger that will create a $5.2 billion coal mining company. "This ...
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Arch Coal (NYS: ACI) engages in the production and sale of thermal coal for use in electric utilities and metallurgical coal for the steel industry. Today, let's look at three things investors ...
Margins matter. The more Arch Coal (NYS: ACI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Margins matter. The more Arch Coal (NYS: ACI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.