Energy Inc. expects to produce 13.4 million to 13.9 million
tons of coal in the third quarter of 2013, pushing the
full-year total to 55.5 million to 57.5 million tons, the
company said July 15.
companys Buchanan Mine in Virginia is expected to produce
700,000 to 900,000 tons, while annual production guidance
remains at 4 million to 4.2 million tons.
Consol division produced 13.8 million tons in the second
quarter, including 1.2 million tons of low-volatility coking
coal from Buchanan.
Second-quarter coal inventories decreased to 917,000 tons as
of June 30, a new 15-year low.
A version of this
article was first published in AMM sister publication Steel