Arch Coal

A shovel prepares to dump a load of coal into a 320-ton truck at the Arch Resources Inc.-owned Black Thunder mine near Wright.

An accelerated plan to exit the Powder River Basin continues for Arch Resources Inc., which reported this week that it’s on pace to stop producing coal from its Coal Creek mine by the end of the year and to account for about 80% of its reclamation obligations at the mine by mid-2022.

“We are methodically harvesting value and cash from our legacy thermal assets, while working down our long-term closure obligations in a systematic and measured way,” said Arch Chief Executive Officer Paul A. Lang in a 2021 first-quarter earnings report released Thursday morning.

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