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Coronado to bring 181 new jobs to Buchanan, Tazewell counties
This is metallurgical coal. It is used in the production of steel. It is not being burned to generate electricity.
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Coronado to bring 181 new jobs to Buchanan, Tazewell counties
David McGee Aug 23, 2022 Updated 17 hrs ago
Coronado Global Resources Inc., a leading international producer of high-quality metallurgical coal, plans to expand its operations in Buchanan and Tazewell counties. ... The company’s commitment of $169.1 million toward this effort will increase capacity at its Buchanan Mine Complex to meet a growing demand for metallurgical coal, an essential element in steel production. Coronado has developed both a retention and growth strategy with the Virginia operation, creating 181 new jobs paying above the average prevailing wage over four years.
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Coronado Global Resources’ operations are located in two of the largest and most productive metallurgical coal basins in the world; the Bowen Basin in Queensland, Australia, and the Central Appalachian region of the U.S., servicing customers throughout the Asia-Pacific, Americas, and Europe. Coronado’s two U.S.-producing mine complexes are the Buchanan Mine Complex in Buchanan County and the Logan Mine Complex located in West Virginia.
The Buchanan Mine Complex first commenced production in 1983, with longwall mining beginning in 1987. It is the largest metallurgical coal mine in Virginia. Coronado employs nearly 600 workers at the Buchanan facility.
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The Virginia Economic Development Partnership worked with Buchanan County, Tazewell County, and InvestSWVA to secure the project for Virginia. Governor Youngkin approved a $3,525,000 grant from the commonwealth’s Opportunity Fund to assist both counties with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
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dmcgee@bristolnews.com | 276-645-2532 | Twitter: @DMcGeeBHC | Facebook.com/david.mcgee.127
Coronado to bring 181 new jobs to Buchanan, Tazewell counties
David McGee Aug 23, 2022 Updated 17 hrs ago
Coronado Global Resources Inc., a leading international producer of high-quality metallurgical coal, plans to expand its operations in Buchanan and Tazewell counties. ... The company’s commitment of $169.1 million toward this effort will increase capacity at its Buchanan Mine Complex to meet a growing demand for metallurgical coal, an essential element in steel production. Coronado has developed both a retention and growth strategy with the Virginia operation, creating 181 new jobs paying above the average prevailing wage over four years.
{snip}
Coronado Global Resources’ operations are located in two of the largest and most productive metallurgical coal basins in the world; the Bowen Basin in Queensland, Australia, and the Central Appalachian region of the U.S., servicing customers throughout the Asia-Pacific, Americas, and Europe. Coronado’s two U.S.-producing mine complexes are the Buchanan Mine Complex in Buchanan County and the Logan Mine Complex located in West Virginia.
The Buchanan Mine Complex first commenced production in 1983, with longwall mining beginning in 1987. It is the largest metallurgical coal mine in Virginia. Coronado employs nearly 600 workers at the Buchanan facility.
{snip}
The Virginia Economic Development Partnership worked with Buchanan County, Tazewell County, and InvestSWVA to secure the project for Virginia. Governor Youngkin approved a $3,525,000 grant from the commonwealth’s Opportunity Fund to assist both counties with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
{snip}
dmcgee@bristolnews.com | 276-645-2532 | Twitter: @DMcGeeBHC | Facebook.com/david.mcgee.127