- Associated Press - Thursday, April 26, 2018

GILLETTE, Wyo. (AP) - Arch Coal has announced plans to scale back production at its Black Thunder mine in northeast Wyoming by about 10 million ton (9 million metric tons) this year.

Company CFO Paul A. Lang on Thursday cited flat sales and a weak market for Powder River Basin coal. Whether the production drop means layoffs at Black Thunder wasn’t addressed.

The Gillette News Record reports Arch expects Black Thunder to produce between 62 million and 68 million tons (56 to 61.7 million metric tons) of coal this year.

That production level would put the mine below its 2017 production and on par with its 2016 production during the recent industry downturn. It also would be more than 31 percent less than the 99.4 million tons (85 million metric tons) mined in 2015.


Information from: The Gillette (Wyo.) News Record, http://www.gillettenewsrecord.com

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide