Alpha Natural Resources Cutting Coal Production
GALWAY, IRELAND--February 26, 2015 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Alpha Natural Resources Incorporated (NYSE:ANR) (Bristol, Virginia) is stemming over three years of heavy financial losses by announcing continued cost cutting for 2015 alongside reduced coal production.
For the fourth quarter ended Dec 31. Alpha reported a smaller than expected net loss of $121.7 million compared to $358.8 million for the same period a year ago.
