Contura finds buyer for Cumberland mine

Tennessee-based coal supplier Contura Energy has found a buyer for the Cumberland mine, which it had planned to close in 2022. The company on Thursday announced that it would sell the mine in Greene county, as well as other Pennsylvania assets, to Iron Senergy in an equity transaction, which would close before the end of the year. Iron Senergy has expressed its intention to continue operating the Cumberland mine past Contura’s previously announced planned closure at the end of 2022. Contura said that Iron Senergy's plan also included the development and integration of renewable energy in efforts to further develop synergistic opportunities with regional utilities.