Arch’s Mountain Laurel Mine Discontinues Longwall Operations Three Months Early, Accelerates Transition to a Room-and-Pillar Mine
ST. LOUIS, Nov. 15, 2019 /PRNewswire/ — Arch Coal, Inc. (NYSE: ARCH) announced today that it has discontinued longwall operations at its Mountain Laurel mine in Logan County, West Virginia, three months earlier than planned. The move is expected to reduce Arch’s fourth quarter coking coal volumes by between 150,000 and 200,000 tons and its fourth quarter operating results by approximately $20 million versus previous expectations.