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2019-08-23 01:28:05

Contura Energy (NYSE:CTRA) has signed a three-year deal to supply 1.25M tons of Northern Appalachia barge coal to Louisville Gas and Electric and Kentucky Utilities.

Typical specifications of the coal include a minimum monthly average of 13K Btu/lb, maximum sulfur content of 5.15 SO2 lbs/MMBtu, max ash level of 8.75% and max moisture content of 7%.

The utilities also added another 300K st of barge coal for 2019 to its existing long-term contract with Murray Energy.

seekingalpha.com Sa Editor Carl Surran
three year deal kentucky contura signs utility firms seekingalpha coal https barge

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