Alpha Natural Resources won approval to emerge from bankruptcy. The plan rests on the transfer of Alpha’s core coal assets to new company, Contura Energy, Inc.
Alpha Natural Resources won approval to emerge from bankruptcy. The plan rests on the transfer of Alpha’s core coal assets to new company, Contura Energy, Inc.
Three major U.S. coal companies have filed bankruptcy and are grappling with their liabilities to restore sites after mining and their obligations to employees, past and present.