Arch Resources Inc ARCH

Arch Resources, Inc. produces and sells thermal and metallurgical coal. The company produces its coal through surface and underground mines. Founded in 1969, Arch Resources has its headquarters in St. Louis, Missouri, and sells its products internationally.

Formerly known as Arch Coal, Inc., the company changed its name to Arch Resources, Inc. in May 2020. It operates through two segments: metallurgical (MET) and thermal. The company's metallurgical operations in West Virginia are managed through the MET segment. The thermal segment manages thermal operations in Wyoming and Colorado. As of December 2020, the company operated seven active mines located in many of the coal-producing regions of the United States. The company ships its coal worldwide to utility, industrial, and steel producers.

Available on the NYSE, stock for Arch Resources is listed under the ticker ARCH. The company's coal properties are primarily under long-term leases, including 28,292 acres in Ohio, 306,253 acres in West Virginia, 81,470 acres in Wyoming, 234,437 acres in Illinois, and 33,047 acres in Kentucky. Additional properties are located in Maryland, Virginia, Montana, Pennsylvania, and Colorado, as well as smaller properties in Alabama, Arkansas, California, Indiana, Texas, Utah, and Washington. In September 2021, Arch Resources announced the opening of a new longwall mine to produce metallurgical coal in West Virginia.

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