ARCH - Arch Resources: Expanding Met Coal Production While Winding Down Thermal Coal
- Arch is transitioning towards becoming a pure-play metallurgical coal producer eventually.
- Its thermal coal assets may have no value, but its metallurgical coal assets could help it generate $300 million EBITDA by themselves with a moderate increase in met coal prices.
- Arch's Leer South longwall met coal operation is expected to start production in Q3 2021.
- Leer South may be able to produce up to 4 million tons of High-Vol A met coal per year, with a low cost structure.
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Arch Resources: Expanding Met Coal Production While Winding Down Thermal Coal