Arch Resources Vs. Alpha Metallurgical Resources

Monty RakusenOverview Alpha Metallurgical Resources (NYSE:AMR) is the largest metallurgical ("MET") coal producer in the United States. The company is expected to produce about 16M tons of MET coal in 2024 and roughly another 1M tons of thermal coal as a byproduct. The last thermal coal mine was closed last year, so AMR is now a pure-play MET coal producer. Arch Resources (NYSE:ARCH) is another coal mining company in the United States. The company has yet to provide official guidance for 2024, but did o ...