Arch Resources sees FY23 coking coal sales volume 8.6M-8.9M tons

Arch Resources announced that it now expects coking coal sales volumes for the third quarter to remain generally in line with those reported in the second quarter of 2023, due primarily to ongoing challenges mining in the first longwall district at its Leer South mine. In keeping with this revision to sales volume expectations, Arch is revising its full year 2023 guidance for coking coal sales volumes to 8.6 to 8.9 million tons and its average metallurgical cash cost guidance to $88 to $91 per ton.