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Massey acquires coal reserves in Kentucky
W.Va. Massey Energy announced today that it’s expanding into the Illinois Basin coal region.
Richmond-based Massey says it acquired a sublease containing approximately 25 (m) million tons of high sulfur coal reserves in two west central Kentucky counties.
The foray is new for Massey, which has focused on low-sulfur coal in southern West Virginia, Virginia and eastern [...]
