Arch Resources
Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody Energy. As of 2011 the company supplied 15% of the domestic market. Demand comes mainly from generators of electricity.
| Company type | Public |
|---|---|
Traded as | NYSE: ARCH (Class A) Russell 2000 component S&P 600 component |
| Industry | Coal mining |
| Founded | 1969 (founded) 1997 (current corporation) |
| Headquarters | St. Louis, Missouri |
Key people | Paul A. Lang, President/CEO John T. Drexler, Sr.VP/COO George J. Schuller Jr., Senior vice president and Chief Operating Officer |
| Products | Coal |
| Revenue | US$ 2.32 billion (2017) |
| US$ 232 million (2017) | |
Net income | US$ 582 million (2017) |
| Total assets | US$ 238 million (2017) |
| Total equity | US$ 666 million (2017) |
Number of employees | 3,790 (2017) |
| Website | www |
Arch Resources operates 32 active mines and controls approximately 5.5 billion tons of proven and probable coal reserves, located in Central Appalachia, the Powder River Basin, Illinois basin and the Western Bituminous regions. The company operates mines in Colorado, Illinois, Kentucky, Utah, Virginia, West Virginia and Wyoming, and is headquartered in St. Louis, Missouri. The company sells a substantial amount of its coal to producers of electric power, steel producers and industrial facilities.