Hallador has three operating mines, two idled or suspended mines and one project, located in Indiana and Illinois. The company is primarily an underground operator with two of the active mines, the idled mine and the project being continuous miner operations. The majority of the coal produced is sold within the state of Indiana but the company is growing shipments to the southeast. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.