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JRCC - NASDAQ
Last Trade 4:00 PM ET
Feb 3, 2012
Price $6.96
Change + 0.16
Volume 3,244,900

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 June 30, 2011 our eight mining complexes including 24 underground mines, 13 surface mines and 13 preparation plants. We also have access to the CSX, NS, and Indiana Railroads.

In 2010, we produced 8.8 million tons of coal (including 0.1 million tons of coal produced in our mines that are operated by contract mine operators) and we purchased another 0.1 million tons for resale. Of the 8.8 million tons produced from Company mines, approximately 65% came from underground mines, while the remaining 35 % came from surface mines. In 2010, we generated revenues of $701.1 million and had net income of $78.2 million. Approximately 88% of our 2010 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 2nd Annual Dahlman Rose & Co. Global Metals, Mining & Materials Conference
Nov 17, 2011 at 11:00 AM ET
PDF View Presentation  864.8 KB  

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Recent Releases
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