After Poor First Quarter, Arch Warns Layoffs Possible At Wyoming Coal Mines
Cowboy State Daily -

Arch Resources Inc. reported Thursday its 2024 first quarter performance fell short of expectations as thermal coal demands dipped from its Powder River Basin mines in northeastern Wyoming — with layoffs a possibility. Arch said that operations in the country’s largest coal producing region slipped into the red fiscally in the first quarter, principally due to competitive pressures from cheap natural gas and stockpiling of coal by utilities after a mild winter. Overall, Arch...

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