Stratergy

STRATEGY

Board Board/Management Team

Atlantic Carbon Group has held a long term aim to become the leading US producer of high quality anthracite coal and this will be achieved in 2017 after the acquisition of Hazleton Shaft Corporation in June 2106. <.p>

Our strategy continues to be based on:

  • Increasing production and improving operational efficiency.
  • Acquisition and/or joint venture activity within the North Eastern Pennsylvanian anthracite coalfields.
  • And developing new markets.
  • We have a highly experienced management team with an unrivalled in-depth knowledge of the Pennsylvanian anthracite industry. The international team also brings new perspectives to the industry, which has brought innovative new working practise to Stockton Mine improving production and operational efficiency and which has now been extended to Jeansville Mine. A recent example of this is the redesign of blasting methods which has already cut costs by 45%, and the conversion of Jeansville Mine from dragline to shovel and truck operation.

    Excellent working relationships have been established with other leading regional producers and contractors, to enable the Board to focus on their aim of increasing the Company's resource base in the area through acquisition and/or joint venture activity.

    The Company has also identified opportunities in the export market thanks to growing international demand for a product which is relatively scarce and highly versatile. To this end a sales joint venture agreement with Atrum Coal NL was established in January 2017 to develop exports markets.