Consol and Arch to Combine, Forming a $5 Billion Coal Producer Based in PA

(Associated Press, August 21, 2024) 

Consol and Arch to Combine, Forming a $5 Billion Coal Producer Based in PA

Arch Resources and Consol Energy are combining to form a single coal producer valued at more than $5 billion, the companies announced Wednesday, the latest consolidation in a deal-happy energy sector.

PGH Works Perspective

People may think coal is dead. Except the world used more goal in 2023 than it ever had before, according to the International Energy Agency.

Complete story here.