MARKETS

Arch's Leer mine starts up longwall

ARCH Coal's $US400 million ($A440 million) Leer mine in northern West Virginia has begun operatin...

Lou Caruana

It is a major milestone in the development of the overall mining complex, with the mine designed to produce more than 3 million short tons of coal on an annualised basis.

The majority of the output will be sold into domestic and international metallurgical coal markets for use in the production of steel.

The Leer mine is poised to become a world-class supplier of metallurgical coal and a cornerstone of Arch's Appalachian operations for many years to come, Arch CEO John Eaves said.

“We applaud the great work of the Leer team in completing this significant step and we look forward to a safe, productive and profitable future for this important new mine,” he said.

Arch has invested more than $400 million to develop the Leer mine, which produces a high-quality, high-volatile "A" coking coal product that is attracting significant interest in world metallurgical markets.

Eaves said with its 400-person workforce and highly efficient longwall system, the mine would benefit from a very competitive cost structure once it scaled up to full production.

“Our investment in the Leer mine underscores our commitment to West Virginia and our focus on producing the highest quality metallurgical coals to meet the needs of global steelmakers,” he said.

“With the addition of Leer, we are advancing our long-term strategic objective of increasing our penetration into domestic and seaborne coking coal markets,” he said.

Arch operates six metallurgical and pulverised coal injection-grade mines in Appalachia, including four in West Virginia.

Arch also has significant undeveloped metallurgical coal reserves in the region.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets