Foresight Energy is a leading producer of thermal coal with reserves in the Illinois Basin. With over 3 billion tons of coal reserves, we believe we are among the largest holders of coal reserves in the United States. Our reserves are sufficient to support over 100 years of production at our current production level. We operate three of our four mining complexes with longwall mining systems. This highly productive mining method coupled with the favorable geology of our coal has resulted in our mines being among the safest, most productive and lowest cost underground coal mines in the United States. Our four mining complexes (Williamson, Sugar Camp, Hillsboro, and Macoupin) are designed to support up to 9 longwall mining systems, with a combined productive capacity of up to 71.5 million tons of high Btu coal per year. Our reserves and mines are strategically located near multiple rail and river transportation access points giving us multiple transportation options. Our access to competing rail carriers as well as access to truck and barge transport provides us with cost-competitive flexibility. We own a 20 million ton per year barge-loading river terminal on the Ohio River. We have contractual rights to 5 million tons per year of existing terminal capacity in the Gulf of Mexico. These facilities have long-term, fixed price rail contracts ensuring our cost effective access to the export markets. Our low operating costs, competitive transportation rates and high heat content of our coal enable us to be cost competitive on a delivered cost per Btu to a wide variety of domestic and international markets. We have been exporting coal through New Orleans since 2008 to Europe, South America, India and China.
Company Name | Fore Sight Energy |
Business Category | Coal |
Address | 211 North Broadway, Suite 2600 St. Louis Montana United States ZIP: 63102 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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