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Foundation Coal Holdings has found a solid footing in the US. One of the largest coal miners in the country, Foundation Coal operates about a dozen surface and underground mines in Central Appalachia, Northern Appalachia, and the Powder River Basin. Foundation Coal produces and sells around 70 million tons of coal annually and has 1.5 billion tons of proved and probable coal reserves. Steam coal, produced for electric utilities, accounts for more than 90% of the company's sales. Foundation Coal also produces metallurgical coal (for steel manufacturers). Foundation Coal was formed in 2004 to buy RAG American Coal from German conglomerate RAG.
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| | | Contact Information | |
Address: |
999 Corporate Blvd., Ste. 300
Linthicum Heights, MD 21090
| | Phone: | 410-689-7500 | | Fax: | 410-689-7511 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 1489.70 M | | Revenue Growth (1 yr): | 1.30% | | Employees (2007): | 3,000 | | Employee Growth (1 yr): | (-4.80%) |
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Key People
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Chairman and CEO:
James F. Roberts
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SVP and CFO:
Frank J. Wood
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SVP and CIO:
James A. Olsen
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