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Overview
Hendricks Coal LLC is a newly established coal mining company based in Charleston, West Virginia, focused on developing and producing premium metallurgical coking coal for domestic and export markets.

The company owns and operates the Glen Alum metallurgical coal mining complex located in Mingo and Logan Counties, West Virginia and Pike County, Kentucky. Hendricks currently has five operational mines, an operational wash plant with annual capacity of 1.5m tons of clean coal, and a permitted refuse facility. The complex has direct access to the Norfolk Southern Railway through its 100% owned unit loadout facility and is close to major transport links within the State.

Reserves
Hendricks controls 22m tons of clean recoverable coal.

Production
Targeted production for 2011 is approximately 300,000 clean tons of mid to high vol metallurgical coal, increasing to 1.5 million clean tons per annum by 2013. Hendricks is able to utilise its current spare capacity in its washplant to purchase and process raw coal production from local operators. With the increasing production, the company is currently opening discussions with new potential offtake partners for spot and term sales, both in the international and local markets.

Growth
Hendricks is positioning itself for increased demand for metallurgical coal by actively seeking acquisition opportunities in neighbouring coal reserves around West Virginia.

 

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