Arch Resources Rides Wave of High Coal Demand, Sees $89 Million in Third-Quarter Profits

SUGAR LAND--October 27, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. coal producer Arch Resources Incorporated (NYSE:ARCH) (St. Louis, Missouri) saw its financial results swing to a profit of $89.1 million in third-quarter 2021 from a loss of $191.5 million a year earlier, as global demand for coal used in steelmaking skyrocketed. Industrial Info is tracking $66 million worth of Arch projects.