Cumberland Coal Mine Sold

A coal mine in southwest Pennsylvania that operates its own 17-mile railroad has been sold.

Iron Senergy Holdings has purchased the Cumberland mine and its railroad from Contura Energy.

News reports indicate that Iron Senergy has kept its leadership secret in Contura filings with the Securities and Exchange Commission.

The United Mine Workers local representing mine employees said the union had received an email from the new owner’s legal counsel saying the company will take over the existing labor agreement as is and plans to continue mining.

Contura sold the mine after announcing it wanted to end the mining of thermal coal, which is used by power plants, in order to concentrate on coal used in steelmaking.

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