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Source: Alan J. Nash The owner of the second-largest coal mine in the U.S. by production volume is planning for the asset's closure as retirement dates approach for several plants that burn much of the mine's fuel. Coal demand in the U.S. has been declining for years, and Arch Resources Inc. announced Feb. 9 that it would be winding down its thermal coal operations, including those at Black Thunder, a Wyoming mine that produced 12.7 million tons of coal in the fourth quarter of 2020. Black Thunder production represented about 9.7% of the coal mined in the country in that period, according to ...

Climate Point: COVID-fighting-crabs, energy scams and a race to the red planet USA TODAY Welcome to Climate Point, your weekly guide to climate, energy and environment news from around the Golden State and the country. In Palm Springs, Calif., I’m Mark Olalde. In this desert paradise where I live, spring is already in the air. Warming temperatures are melting away the winter cold (or, as cold as it ever gets in Palm Springs), and early blooming plants are bringing a renewed splash of color. That might be pleasant for you. For me — and for millions of other people — spring brings on th...

Operator Good day, and welcome to the Arch Resources, Inc. Fourth Quarter 2020 Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Deck Slone, Senior Vice President of Strategy. Please go ahead. Deck S. Slone -- Senior Vice President, Strategy Good morning from St. Louis, and thanks for joining us today. While we are conducting this morning's call from Arch's boardroom, I want to assure you that the team is widely spaced and following CDC guidelines closely. Before we begin, let me remind you that certain statements made d...

Arch Resources Reports Fourth Quarter 2020 Results Maintains operational excellence in core metallurgical segment despite virus-related impacts Nears completion of world-class Leer South growth project Advances strategic plan for legacy thermal assets, accelerating pivot towards steel and metallurgical markets News provided by Share this article Share this article ST. LOUIS, Feb. 9, 2021 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) today reported a net loss of $78.5 million, or $5.17 per diluted share, in the fourth quarter of 2020, compared with a net loss of $8.6 million, or $0.57 per...

Arch Resources has reported on its 4Q20 results.