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Contura Energy has agreed to merge with Alpha Natural Resources Holdings, creating the largest metallurgical coal production company in the US. Contura will hold approximately 53.5% of the merged entity.
“Contura Energy has agreed to merge with Alpha Natural Resources Holdings under a newly signed definitive agreement, which will create the biggest metallurgical coal production company in the US.”mining-technology.com
Summarized from public sources; check the original articles before acting on it.