News

September 19, 2012

Coal Company Plans to Close Several Mines

Alpha Natural Resources, one of the nation’s largest coal producers, announced on Tuesday that it planned to idle eight mines in Pennsylvania, Virginia and West Virginia, reducing its annual production by 16 million tons. The move will include laying off 1,200 of 13,000 employees. The company said that it was trying to meet the “evolving demands of a changing global coal market” and that it would continue selling coal in the United States while focusing new efforts on overseas markets.

Full Story Here: NY Times