The one-time contract provides for America West to supply the co-gen facility with compliant coal produced from the company’s Horizon Mine located in Carbon County, Utah.
Dan Baker, CEO of America West Resources, said: “Production from Horizon continues to be outpaced by global customer demand for our compliant thermal coal.
“Consequently, we are delighted to be in a position to take advantage of selling our coal at favorable spot prices, thus optimizing our margins and driving greater revenue performance.”
Headquartered in Salt Lake City, Utah, America West is a domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to US utility companies for use in generating electricity. The company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 19 million tons.
In addition, the company maintains an undeveloped leasehold, known as the Columbia Property, covering approximately 5,200 acres in Carbon County, Utah – near where the company is currently mining thermal coal from the Horizon Mine.
