Future Looks Tough for Arch Coal, May Seek Bankruptcy

SUGAR LAND--November 10, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--A potential bankruptcy filing by Arch Coal Incorporated (NYSE:ACI) (St. Louis, Missouri) in the near future could impact $840 million in capital projects being tracked by Industrial Info. On Monday, the nation's second-largest coal-producing company voiced the possibility of filing for Chapter 11 bankruptcy protection. Arch reported a net loss of $2 billion in third-quarter 2015, compared with a loss of $97 million in the same period a year earlier. Industrial Info is tracking four Arch Coal projects, all of which are still in the planning phases, and 13 existing mining operations.

Within this article: Details on Arch Coal's quarter and projects, including a proposed underground coal mine and preparation plant in West Virginia, and the company's possibility of bankruptcy.