Skip to main content

Murray adds 100 million t to coal holdings

World Coal,


Murray Energy claims to have added 100 million t of coal reserves and resources to southern Illinois portfolio.

The company said it bought these assets in Hamilton and Saline counties from Consol Energy of Pennsylvania. However, specific terms of the deal have not been disclosed.

Murray says the acquired property and rights are adjacent to a mine operated by subsidiary American Coal Co.

Murray says the deal increases its coal reserves to 3 billion t. The company has a dozen mines in Illinois and five other states.

Edited from various sources by Sam Dodson

Read the article online at: https://www.worldcoal.com/coal/30102014/murray-energy-increase-coal-reserves-1509/

You might also like

JSW Group increases net profit in 3Q22

JSW Group has maintained its record performance, despite the increasingly difficult market environment, as well as declining coking coal and coke prices on global markets.

 
 

Embed article link: (copy the HTML code below):