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14 Feb
17:52

Arch sees rosy year ahead for coking coal

US thermal and metallurgical coal supplier Arch Coal expects the market strength it saw at the end of last year to continue throughout 2019, Kallanish learns from the company’s year-end earnings review. Arch earned a total of $312.6 million on sales of $2.45 billion in 2018, up from $238.5m on sales of $2.32 billion in 2017. The company’s fourth-quarter earnings reached $86.1m on sales of $651m, up from $81.3m on sales of $560m in Q4 2017. “…
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