Market-Beleaguered Arch Coal Reduces Planned Sales, Capex for 2015
Market-Beleaguered Arch Coal Reduces Planned Sales, Capex for 2015
SUGAR LAND--April 22, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Arch Coal Incorporated (NYSE:ACI) (St. Louis, Missouri) pared back its expected sales volumes for 2015, citing softened international metallurgical and thermal prices, and a continued drop in coal consumption by U.S. power plants. Industrial Info is tracking three active Arch Coal projects, with a combined worth of $403.5 million, and 14 existing mine plants.
Within this article: Details on Arch Coal's first-quarter 2015 results and projects, including the progress on a metallurgical coal mine in West Virginia.
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