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Alpha Announces Fourth Quarter 2020 Results


Alpha Announces Fourth Quarter 2020 Results
- Reports net loss from continuing operations of $55 million for the fourth quarter 2020
- Posts Adjusted EBITDA(1) of $7 million for the fourth quarter 2020
- Continues strong cost management across all operating segments
- Closes transaction divesting Cumberland Mine, furthering strategic repositioning towards a pure metallurgical coal producer
- Completes name change to Alpha Metallurgical Resources, Inc.
- Appoints new board members to diversify and enhance corporate governance
- Reiterates 2021 operating guidance
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BRISTOL, Tenn., March 15, 2021 /PRNewswire/  Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the fourth quarter ending December 31, 2020. ....

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Alpha Appoints Three New Directors, Reaches Agreement with MG Capital on Board Composition


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Alpha Appoints Three New Directors, Reaches Agreement with MG Capital on Board Composition
February 2, 2021 GMT
(PRNewsfoto/Alpha Metallurgical Resources, Inc.)
BRISTOL, Tenn., Feb. 2, 2021 /PRNewswire/ Alpha Metallurgical Resources, Inc. (NYSE: AMR) (“Alpha” or the “Company”), a leading U.S. supplier of metallurgical products for the steel industry, today announced that it has reached agreement with MG Capital Management, Ltd. (together with its affiliates, “MG Capital”), a holder of approximately 5.8% of Alpha’s outstanding common stock, on steps to accelerate the refreshment of the Company’s Board of Directors (the “Board”). ....

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