Gillette, WY. – Contura Energy, the coal company that rose out of the bankruptcy of Alpha Natural Resources, is already selling it’s two coal mines in Wyoming’s Powder River Basin, just a little over a year after the company’s formation.
On Monday, Tennessee-based Contura Energy made the announcement of the sale of Eagle Butte and Belle Ayr mines to Blackjewel, LLC. Blackjewel is a privately owned company based in Appalachia, but little else is known about the company at this time.
What is clear, however, is that coal workers at the Eagle Butte and Belle Ayr mines, will now find themselves working for a third owner in just a little over a year.
The Eagle Butte and Belle Ayr mines supply coal to power plants, and collectively shipped nearly 25 million tons of coal over the first three quarters of this year.