Ben’s Creek owns and operates metallurgical coal mines in North America. Metallurgical coal is a critical component in the production of steel.
The property is set over 10,000 acres in the Central Appalachian Basin of the eastern United States and located in the southern part of the state of West Virginia and eastern edge of the Commonwealth of Kentucky.
Historically metallurgical coal has been produced from the property. Ben’s Creek has proven recoverable coal reserves of 2.34 million tons (comprising the coal reserves at the Lower Alma and Pond Creek mines) and has coal resources of 17.2 million tons with a potential of a further 30.9 million tons.
Ben’s Creek has direct access to domestic markets through the Norfolk Southern Railway Company’s rail network and to export markets through the Lambert’s Point Export Terminal in Norfolk, Virginia.
The property is comprised of seven adjacent tracts which are controlled through the leases and freehold project land. The wash plant and loading facility are located on the freehold project land. The property is leased from Pocahontas Land Corporation and Carbon Fuels Inc. and has all the permits necessary to carry out mining operations on the leased properties.
Mining operations and production is expected to begin in Q4 2021.
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