Arch Resources Inc

Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry. The company operates large, modern, and highly efficient mines that consistently set the industry standard for both mine safety and environmental stewardship.

The company's flagship growth project is the Leer South mine in West Virginia, which commenced longwall mining operations in 2021. Leer South is expected to have an output capacity of up to 4 million tons of high-quality coking coal per year over a reserve life spanning more than 20 years. Arch Resources has over 1.5 billion tons of recoverable coal reserves across its portfolio.

Arch Resources has active mining complexes across West Virginia and Wyoming, including the Leer, Leer South, Beckley, Mountain Laurel, and Sentinel complexes. Arch Resources also has thermal coal operations, primarily in Wyoming's Powder River Basin.

In terms of financials and stage of development, Arch Resources transitioned from being heavily leveraged to now having a strong balance sheet and robust capital return program. The company has increasingly focused capital allocation on shareholder returns while positioning itself as a leading producer globally. Arch Resources shipped approximately 8.3 million tons of coking coal and 63.4 million tons of thermal coal in 2022.