03.09.2015 22:56:00
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Westmoreland’s Beulah Mine Extends Heskett Coal Supply Agreement
Westmoreland Coal Company (NasdaqGM:WLB), through its Dakota Westmoreland Corporation subsidiary, has entered into an extension of its long-term coal supply agreement with Montana-Dakota Utilities Co. to supply coal from the Beulah Mine to the R.M. Heskett Power Station in Mandan, North Dakota. The agreement results in a commitment of approximately 450,000 tons of coal a year from Beulah through December 31, 2021.
"For over 50 years, the Beulah Mine has served the Heskett Station,” commented Keith E. Alessi, Westmoreland’s CEO. "Our Beulah coal miners have a deep tradition of safely and efficiently mining lignite in Mercer County, North Dakota, and this contract extension will be warmly welcomed by our employees, allowing them to continue their rich tradition of safe production and exceptional post mining land reclamation.”
About Westmoreland Coal Company
Westmoreland Coal Company is the oldest independent coal company in the United States. Westmoreland’s coal operations include sub-bituminous and lignite surface coal mining in the Western United States and Canada, an underground bituminous coal mine in Ohio, a char production facility, and a 50% interest in an activated carbon plant. Westmoreland also owns the general partner of and a majority interest in Westmoreland Resource Partners, LP, formerly Oxford Resource Partners, LP, a publicly-traded coal master limited partnership. Its power operations include ownership of the two-unit ROVA coal-fired power plant in North Carolina. For more information, visit www.westmoreland.com; provided that no information contained at such website is incorporated by reference here.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150903006523/en/
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