Alpha Metallurgical Resources, Inc.
Price
Key statistics
- Forward rate
- $2.00
- Yield
- 1.22%
- Payout ratio
- 0.00%
- Frequency
- Quarterly
- 2023-11-30$0.50
Alpha Metallurgical Resources, Inc. is a leading U.S.-based mining company that specializes in the production, processing, and sale of metallurgical and thermal coal. Primarily operating in Virginia and West Virginia, Alpha's core business revolves around supplying high-quality metallurgical coal—essential for coke production in the global steelmaking industry. The company manages an extensive network of around 20 active mines and eight coal preparation and load-out facilities, emphasizing operational efficiency and scale. Alpha commands a significant presence in the coal mining sector, accounting for a notable share of industry revenue in the United States and ranking among the top ten coal producers nationally. Approximately 97% of its coal sales are metallurgical coal, exported to international markets including Asia, Europe, and the Americas, underscoring its global impact and reach. Its remaining output is thermal coal, a small byproduct of its operations, used for electricity generation. With a history shaped by mergers and acquisitions, Alpha is recognized for its extensive reserves and strong export capabilities, supported by strategic port capacity. The company plays a pivotal role in supplying the steel industry, maintaining significant commercial resources and adhering to a disciplined financial and operational strategy.
- Sector
- Basic Materials
- Industry
- Coking Coal
- CEO
- Mr. Charles Andrew Eidson
- Employees
- 3,950
- Headquarters
- Bristol, TN, United States
- Website
- www.alphametresources.com