Coal news and updates

The reality of a permanently shrinking Powder River Basin coal industry came into sharper focus on Tuesday with Arch Resources announcing it is speeding up preparations to close its Coal Creek mine.

 

The mine employed about 100 people in the fall of 2020, according to federal data.

 

The mine will ship about 2 million tons of coal this year then commence full reclamation work in 2022, including “the demolition of the facilities,” Arch CEO and President Paul Lang said in a press call Tuesday morning outlining the company’s Fourth Quarter 2020 earnings.

 

Meantime, the St. Louis-based mining giant is also stepping up efforts to reduce operations at its nearby Black Thunder mine, also in the heart of Wyoming’s coal country, although no target date has been set for final closure there.

 

Source : https://www.wyomingnews.com/rocketminer/business