https://www.miningweekly.com
Business|Coal|Energy|Resources|Steel
Business|Coal|Energy|Resources|Steel
business|coal|energy|resources|steel

Contura name change to reflect metallurgical future

22nd January 2021

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

NYSE-listed Contura Energy on Friday announced that it would change its name to Alpha Metallurgical Resources on February 1.

The rebranding effort aims to more accurately reflect the company's strategic focus on the production of metallurgical coal as a critical feedstock for steel production.

Contura's recent divestiture of the Cumberland mine, in Pennsylvania, largely marked the company's exit from the thermal coal business.

"Over a year ago, we outlined our vision to make Contura a premier metallurgical coal producer," said chairperson and CEO David Stetson.

"Thanks to the transformative work of our team over the last several months, that vision has become a reality. Bringing back the Alpha name is not only meaningful to us and our history, but it also serves as an outward display to external stakeholders of the sharpened focus we have on metallurgical coal.”

The company’s common stock, currently traded under the CTRA ticker symbol, would begin trading under its new ticker symbol, AMR, on February 4.

Edited by Creamer Media Reporter

Comments

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.222 0.259s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: