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JRCC - NASDAQ
Last Trade 4:00 PM ET
May 18, 2012
Price $3.17
Change - 0.25
Volume 1,796,600

We mine, process and sell thermal and metallurgical coal through eight operating subsidiaries located throughout eastern Kentucky, southern West Virginia, and southern Indiana. As of December 31, 2011 our eight mining complexes including 25 underground mines, 12 surface mines and 14 preparation plants. We also have access to the CSX, NS, and Indiana Railroads.

In 2011, we produced 10.3 million tons of coal (including 0.7 million tons of coal produced in our mines that are operated by contract mine operators) and we purchased another 1.6 million tons for resale. Of the 10.3 million tons produced from Company mines, approximately 63% came from underground mines, while the remaining 37 % came from surface mines. In 2011, we generated revenues of $1.2 billion. Approximately 56% of our 2011 revenues were generated from coal sales to electric utility companies and the remainder came from coal sales to industrial and other companies..

On April 18, 2011 we completed the acquisition of International Resource Partners LP and its subsidiary companies (IRP). For the year ended December 31, 2010, IRP produced approximately 1.9 million tons of coal, including 1.2 million tons of metallurgical coal and 0.7 million tons of steam coal. Total 2010 shipments, including coal purchased for blending purposes, were 3.7 million tons. These tons included 2.6 million tons of metallurgical coal and 1.1 million tons of steam coal. IRP generated revenues of $490.3 million and income before taxes at the partnership level of $51.3 million in 2010.

Webcast 1st Quarter Earnings Call
May 3, 2012 at 11:00 AM ET
PDF View Presentation  808.2 KB  
PDF Press Release   34.9 KB  

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