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Foundation Coal

Foundation Coal Holdings, Inc. (Data as of 2008 Annual Report)[1]
Company typePublic
NYSE: FCL
IndustryMining
HeadquartersLinthicum Heights, Maryland, United States
ProductsCoal
Revenue$1,690.1 million USD
$0,316.4 million USD (EBITDA)
$0,011.6 million USD
Number of employees
3,300
ParentAlpha Natural Resources

Foundation Coal Holdings, Inc. was a large American coal mining company. Until its July 31, 2009 merger with Alpha Natural Resources (NYSE: ANR) to form the third largest American coal company,[2][3] the company was publicly traded on the New York Stock Exchange under the symbol FCL. With corporate offices in Linthicum Heights, Maryland, the former Foundation Coal operates coal mines in Pennsylvania, West Virginia and Wyoming, and was, prior to its merger with Alpha Natural Resources, the fourth-largest American coal producer by tonnage.[1][4]

Foundation Coal, through subsidiaries, owns and operates several of the largest coal mines in the United States, including:

  • Belle Ayr Mine, Wyoming: 26.6 million short tons produced in 2007, ranked 7th[5]
  • Eagle Butte Mine, Wyoming: 25.0 million short tons produced in 2007, ranked 9th[5]
  • Cumberland Mine, Pennsylvania: 7.3 million short tons produced in 2007, ranked 21st[5]
  • Emerald Mine No 1, Pennsylvania: 6.7 million short tons produced in 2007, ranked 34th[5]

References

  1. ^ a b "Foundation Coal". Foundation Coal website. Foundation Coal Holdings. Archived from the original on 2007-12-13. Retrieved 2009-04-22.
  2. ^ James, Steve (12 May 2009). "U.S. coal miner Alpha buying rival Foundation". Reuters. Retrieved 9 January 2024.
  3. ^ "Joint Press Release of Foundation Coal Holdings, Inc". www.sec.gov. Retrieved 2024-01-09.
  4. ^ "Top four U.S. coal companies supplied more than half of U.S. coal production in 2011 - U.S. Energy Information Administration (EIA)". www.eia.gov. Retrieved 2024-01-09.
  5. ^ a b c d "Major U.S. Coal Mines, 2007". Energy Information Administration of the United States Department of Energy. September 2008. Retrieved 2009-04-14.
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