Alpha Metallurgical Resources, based in Bristol, Tennessee, employs 4,210 people and specializes in metallurgical coal for the steel industry, operating 15 underground and seven surface mines in Central Appalachia. The firm went public on November 9, 2018, and has a portfolio including five active mines and two preparation plants in Virginia and 17 active mines and six preparation plants in West Virginia.
AMR has been in the news recently: Jim Cramer recommends against investing in Citigroup due to its underperformance compared to JPMorgan. Additionally, BMW's stock dropped 11% on September 9, 2024, amid concerns about weak performance in Asia and significant recall costs.
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