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Arch Coal was formed in July 1997 through the merger of publicly traded Ashland Coal, Inc. and privately held Arch Mineral Corporation. Arch Mineral had its origins in 1969, when it was formed as a partnership between Ashland Oil (now Ashland Inc.) and the H.L.Hunt family of Dallas, Texas; Ashland Coal was formed in 1975 as a wholly owned subsidiary of Ashland Oil.
GRAFTON, W.Va. (WBOY) — A 34-year-old miner from Preston County died after a hook and strap assembly broke at the Leer Mine in Taylor County in September, according to a new report.
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]
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A portion of Arch Coal's Black Thunder Mine Complex is visible to north (left). Peabody Energy is a coal mining company headquartered in St. Louis , Missouri . [ 4 ] [ 5 ] Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking.
The company announced that it has sold its Hazard unit to privately held Blackhawk Mining for $26.3 million in cash. The subsidiary's core asset is the Hazard thermal coal mining complex in Arch ...
Spruce 1 is a proposed coal strip-mining operation approximately two miles northeast of Blair in Logan County, West Virginia, in the Appalachian Mountains. [1] First proposed in 1997 by Arch Coal Inc. of St. Louis, the operation was first to cover 3,113 acres (12.60 km 2), then reduced to 2,278.
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