Warrior Met Coal is getting nearer to manufacturing on a undertaking that it says may produce as much as $1.3 billion yearly in metallurgical coal.
The Brookwood-based firm stated the mine may start producing as much as greater than 6 million tons of coal by 2026. The undertaking is predicted to create about 300 jobs.
The Blue Creek website has lengthy been eyed for improvement. The mine first obtained a allow from the Alabama Floor Mining Fee in June 2012.
This week, the corporate supplied a number of updates on the undertaking, which was first introduced in 2020 after which restarted almost three years later following the pandemic.
Warrior Met mines non-thermal metallurgical, or met coal, utilized in metal manufacturing by steel producers in Europe, South America and Asia. Blue Creek is among the final remaining large-scale untapped premium Excessive Vol A met coal mines within the U.S.
Initially, Warrior Met projected about 4.8 million tons a yr from the mine, however operational and technological adjustments have allowed the corporate to revise its estimates upward.
CEO Walt Scheller stated the corporate believes the Blue Creek undertaking may have “a positive impact on Warrior for decades to come.”
“This project represents a transformative opportunity for Warrior through the significant addition of nameplate capacity to address the market dynamics we believe will continue to play out over the near and medium-term,” he stated.
Nameplate capability refers back to the meant full load of the mine.
Warrior stated it expects the mine’s preparation plant to start out halfway via this yr, and the longwall to start out no later than the second quarter of 2026.
