COAL
New York-listed coal miner Alpha Natural Resources is keeping eight West Virginia coal mines open and retaining about 750 coal miners after Worker Adjustment and Retraining Notification (WARN) Act notices have expired.
Despite the Bristol, Virginia-based firm warning that the longer-term plans for the mines continued to depend on market prices and demand, Alpha chairperson and CEO Kevin Crutchfield credited the efforts undertaken by the mine operators and their workers to reduce their costs to compensate for weak coal prices.
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