Contura Energy sells assets in Pennsylvania, plans acceleration to exit thermal coal production
A Bristol based coal company has agreed to sale assets in Pennsylvania including its Cumberland Mine as they look to accelerate their exit from thermal coal production.
Contura Energy announced Thursday the divestment of their operations to Iron Senergy Holding LLC.
The transaction is expected to be complete before the end of the year, and Iron Senergy has intentions to continue operations at the Greene County, Pennsylvania mine past Contura’s original planned exit at the end of 2022.
Photo Courtesy: Contura
