Blaschak Coal Corp has acquired a processing plant and secured long-term rights to mine anthracite coal in Latimer, Pennsylvania.
The company said that more than 95% of North America’s supply of anthracite comes from an eight-county region of northeastern Pennsylvania stretching from Dauphin County north of Harrisburg to Lackawanna County north of Scranton.
The project’s coal production is expected to be consumed by customers and markets currently served by Blaschak.
Anthracite is a form of coal that has high carbon content and low levels of impurities, and burns virtually smokeless, making it a valuable fuel or carbon source for a variety of applications, according to the company.
Blaschak’s majority owner, Milestone Partners, is the primary investor in the acquisition of the Lattimer plant.