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Warrior Met Coal announces quarterly cash dividend

Published by
World Coal,

Warrior Met Coal has declared a regular quarterly cash dividend of US$0.05 per share.

Warrior Met Coal is a large-scale, low cost US-based producer and exporter of premium hard metallurgical coal operating highly efficient longwall operations in its underground mines located in Alabama. The hard metallurgical coal that Warrior Met Coal produces from the Blue Creek coal seam contains very low sulfur and has strong coking properties, and is of a similar quality to coal referred to as the premium hard metallurgical coal produced in Australia. The premium nature of Warrior Met Coal’s hard metallurgical coal makes it ideally suited as a base feed coal for steel makers and results in price realisations near the Platts Premium Low Volatility Free-On-Board Australia Index price. Warrior Met Coal sells all of its met coal production to steel producers in Europe, South America and Asia.

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