Insight
Alpha announces biggest potential layoffs yet
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Report summary
On 31 July 2014, Alpha Natural Resources issued Worker Adjustment and Retraining Notification Act (WARN) notices to employees at 11 surface mines in southern West Virginia, stating that unless market conditions improve, these facilities could be idled beginning in mid-October. This announcement covers 1,100 employees at mining operations that produced 4.7 million short tons (Mst) of coal...
Table of contents
- How much production might actually be cut in October?
- Bigger impact to thermal than to metallurgical
- Are Alpha's cuts just short-term efforts to lower costs?
- Alpha's WV surface production had already begun to slip
- Significant employment impact to region
Tables and charts
This report includes 6 images and tables including:
- Mines named in Alpha announcement, Wood Mackenzie valuations
- 2013 production from named mines (Mst)
- Annualized quarterly production from named mines, 2011 to present (Mstpa)
- Estimated total employees at each named mine
- Estimate of southern WV coal mining employment and workers covered under Alpha's WARN notices
What's included
This report contains:
