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SEC Filings

8-K
ARCH COAL INC filed this Form 8-K on 02/13/2018
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approximately 60 percent of that committed volume exposed to market-based pricing. Arch expects that approximately 80 percent of its metallurgical production will be sold to international steelmakers.

 

Arch expects to sell between 86 million and 92 million tons of thermal coal in 2018. At the midpoint of guidance, Arch’s thermal sales are approximately 82 percent committed for full year 2018.

 

Arch currently anticipates that cash cost per ton sold in the Metallurgical and Powder River Basin segments will be similar to 2017 levels. The Other Thermal segment’s cash cost per ton sold is expected to be higher, adjusted for anticipated production mix between the mines in the segment.

 

“Looking ahead, given the company’s low-cost operational profile and leverage to the upside potential of coal markets, Arch is exceptionally positioned to capitalize on positive fundamentals in international coking and thermal coal markets and the eventual recovery in domestic thermal markets,” said Eaves. “We firmly believe Arch’s diversified asset base, strategic marketing plan, talented and experienced workforce and strong balance sheet should enable the company to create significant value for our shareholders, earn substantial returns and generate considerable free cash flow in the future.”

 

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