Alpha Natural Resources’ Unit Wins Wyoming Coal Tract

Platts reported that Alpha Natural Resources (NYSE:ANR) was the winner of a bid process for a coal tract in Wyoming.

The market news is quoted as saying:

With an estimated 130.2 million st of mineable coal, Alpha’s bid for Caballo West is worth about $1.10/st. BTU Western Resources bid $127,592,080 or 98 cents/st for the tract.

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