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Arch Coal
Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody Energy. the company supplied 15% of the domestic market. Demand comes mainly from generators of electricity. Arch Resources operates 32 active mines and controls approximately 5.5 billion tons of proven and probable coal reserves, located in Central Appalachia, the Powder River Basin, Illinois basin and the Western Bituminous regions. The company operates mines in Colorado, Illinois, Kentucky, Utah, Virginia, West Virginia and Wyoming, and is headquartered in St. Louis, Missouri. The company sells a substantial amount of its coal to producers of electric power, steel producers and industrial facilities. History Arch Coal was formed in July 1997 through the merger of publ ...
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Russell 2000 Index
The Russell 2000 Index is a small cap company , small-cap stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG). Overview The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "Market capitalization#Market cap terms, small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. , the weighted average market capitalization for a company in the index is around $3.1 billion; the median market cap is $1.0 billi ...
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Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to its west by Nevada. Utah also touches a corner of New Mexico in the southeast. Of the fifty U.S. states, Utah is the 13th-largest by area; with a population over three million, it is the 30th-most-populous and 11th-least-densely populated. Urban development is mostly concentrated in two areas: the Wasatch Front in the north-central part of the state, which is home to roughly two-thirds of the population and includes the capital city, Salt Lake City; and Washington County in the southwest, with more than 180,000 residents. Most of the western half of Utah lies in the Great Basin. Utah has been inhabited for thousands of years by various indigenous groups such as the ancient Puebloans, Navajo and Ute. The Spanish were the first Europe ...
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Public Broadcasting Service
The Public Broadcasting Service (PBS) is an American public broadcaster and non-commercial, free-to-air television network based in Arlington, Virginia. PBS is a publicly funded nonprofit organization and the most prominent provider of educational programming to public television stations in the United States, distributing shows such as ''Frontline'', '' Nova'', ''PBS NewsHour'', ''Sesame Street'', and ''This Old House''. PBS is funded by a combination of member station dues, the Corporation for Public Broadcasting, pledge drives, and donations from both private foundations and individual citizens. All proposed funding for programming is subject to a set of standards to ensure the program is free of influence from the funding source. PBS has over 350 member television stations, many owned by educational institutions, nonprofit groups both independent or affiliated with one particular local public school district or collegiate educational institution, or entities owned by or r ...
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Mountaintop Removal Mining
Mountaintop removal mining (MTR), also known as mountaintop mining (MTM), is a form of surface mining at the summit or summit ridge of a mountain. Coal seams are extracted from a mountain by removing the land, or overburden, above the seams. This process is considered to be safer compared to underground mining because the coal seams are accessed from above instead of underground. In the United States, this method of coal mining is conducted in the Appalachian Mountains in the eastern United States. Explosives are used to remove up to 400 vertical feet (120 m) of mountain to expose underlying coal seams. Excess rock and soil is dumped into nearby valleys, in what are called "holler fills" ("hollow fills") or "valley fills".U.S. Environmental Protection Agency, "Mountaintop Mining/Valley Fills in Appalachia: Final Programmatic Environmental Impact Statement," issued 2005 June 25, available ahttp://www.epa.gov/region03/mtntop/index.htm(accessed 2006 August 20). The practice of MTM h ...
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Metallurgical Coal
Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled to the demand for steel. Primary steelmaking companies often have a division that produces coal for coking, to ensure a stable and low-cost supply. Metallurgical coal comes mainly from Canada, the United States, and Australia, with Australia exporting 58% of seaborne trade, mostly going to China. In the United States, the electric power sector used "93% of total U.S. coal consumption between 2007 and 2018"; only 7% of the total was metallurgical coal and coal for other uses such as heating. Characteristics Metallurgical coal is low in ash, moisture, sulfur and phosphorus content, and its rank is usually bituminous. Some grades of anthracite coal are used for sintering, pulverized coal injection, direct blast furnace charge, pelletizing ...
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International Coal Group
International Coal Group, Inc. (ICG), is a company headquartered in Teays Valley, West Virginia that was incorporated in May 2004 by WL Ross & Co for the sole purpose of acquiring certain assets of Horizon. ICG eventually operated 12 mining complexes in Northern and Central Appalachia (Kentucky, Maryland, and West Virginia) and one complex in the Illinois Basin. In November 2005, ICG had a stock offering on the New York Stock Exchange. In 2011 ICG became a subsidiary of Arch Coal, Inc in 2011. History Wilbur Ross's WL Ross & Co and other investors established the International Coal Group, Inc. (ICG) in May 2004 with the intention of purchasing distressed coal companies, then restructuring them to operate more competitively. In August 2004 Wilbur Ross's Newcoal LLC and Oldcoal LLC, in partnership with A.T. Massey Coal Company acquired the assets of the bankrupt Horizon Natural Resources, the fourth largest coal company in the United States. for $786 million. On August 9, 2004 U ...
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Rio Tinto Group
Rio Tinto Group is an Anglo-Australian Multinational corporation, multinational company that is the world's second-largest metals and mining corporation (behind BHP). The company was founded in 1873 when of a group of investors purchased a mine complex on the Rio Tinto (river), Rio Tinto, in Province of Huelva, Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, Rio Tinto also has significant operations in refining, particularly the refining of bauxite and iron ore. Rio Tinto has joint head offices in London (global and "plc") and Melbourne ("Limited" Australia).Suburbs & Postcodes
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Rio Tint ...
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Illinois Basin
The Illinois Basin is a Paleozoic depositional and structural basin in the United States, centered in and underlying most of the state of Illinois, and extending into southwestern Indiana and western Kentucky. The basin is elongate, extending approximately northwest-southeast, and southwest-northeast. Boundaries and sedimentary rocks The basin is bordered on the northeast by the Kankakee Arch, on the southeast by the Cincinnati Arch, on the south by the Pascola Arch, on the southwest by the Ozark Dome, on the northwest by the Mississippi River Arch, and on the north by the Wisconsin Arch. The New Madrid Seismic Zone and the Wabash Valley Seismic Zone intersect the southern portion of the basin. The major structural features within the basin include the La Salle anticlinal belt, the DuQuoin monocline, the Cottage Grove fault system, and the Fairfield Basin. At its center beneath southern Illinois, the basin contains a thickness of about 15,000 feet of Cambrian throug ...
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Black Thunder Coal Mine
The Black Thunder Coal Mine is a surface coal mine in the U.S. state of Wyoming, located in the Powder River Basin which contains one of the largest deposits of coal in the world. Black Thunder is the second most productive mine in the United States, providing the US with 8% of its coal supply. In 2007, the mine produced 86,196,275 short tons (78.2 million metric tonnes) of coal, nearly 20% of Wyoming's total coal production, and higher than 23 other individual coal producing states. Black Thunder's dragline excavator Ursa Major is the biggest working dragline in North America and the third largest ever made. It produces enough coal to load up to 20-25 trains per day. Draglines are not used to dig coal, but only strip overburden. Black Thunder operates six draglines. Coal is excavated by power shovels and loaded into haul trucks. In 1974, exploration geologist Lewis R. Ladwig drilled exploratory holes on the Jacob sheep ranch. He was working for ARCO. He discovered the coal r ...
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Atlantic Richfield
ARCO ( ) is a brand of gasoline stations currently owned by Marathon Petroleum after BP sold its rights. BP commercializes the brand in Northern California, Oregon and Washington, while Marathon has rights for the rest of the United States and in Mexico. ARCO had been established in 1966 as the "Atlantic Richfield Company", an independent oil and gas company formed after the merger of Atlantic Petroleum and the Richfield Oil Corporation. History From 1966 to 2000, the 'Atlantic Richfield Company', doing business as ARCO, was an independent American oil company with operations in the United States, Indonesia, the North Sea, the South China Sea, and Mexico. After its acquisition of Anaconda Copper Mining Company in 1977, ARCO had owned hard rock mines in several western states, which has created environmental clean-up liabilities to the company to this day even after the mines were closed in the early 1980s. In 2000, BP acquired ARCO for $26.8 billion. ARCO's retail and marke ...
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Ashland Inc
Ashland Global Specialty Chemicals Inc. is an American chemical company which operates in more than 100 countries. Headquartered in Wilmington, Delaware, the company traces its roots back to the city of Ashland, Kentucky, where it was headquartered from 1924 to 1999. The company currently has five wholly owned divisions, which include Chemical Intermediates and Solvents, Composites, Industrial Specialties, Personal and Home Care, & Pharmaceuticals, Food and Beverage, and Agriculture. Until 2017, the company was the primary manufacturer of Valvoline. History Founding and early years Ashland was founded in 1924 as the Ashland Refining Company in Catlettsburg, Kentucky, by Paul G. Blazer. In October 1923, J. Fred Miles of the Swiss Oil Company of Lexington, Kentucky employed Paul G. Blazer and assigned him the task of locating, purchasing and operating a refinery in northeastern Kentucky. Blazer selected a location on the banks of the Big Sandy River approximately two miles sout ...
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