Virginia Coal Company Seeking Joint Venture/Partner for Metallurgical Coal Development

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Financial Details

Profit Metric:
Profit Potential
Location:
VA, US
Source:
Date:
September 15, 2025

Key Highlights

Owns 15 million tons of metallurgical coal reserves in Virginia.
One mine is fully permitted and ready to mine coal.
Significant profit potential in the hundreds of millions of dollars.

Description

This is a privately held Virginia-based coal company seeking a joint venture or partner to develop its substantial metallurgical coal reserves. The company owns approximately 15 million tons of coal, with three minable seams ranging from 3 to 12 feet in height. Crucially, one mine is fully permitted and ready for immediate operation. With over twenty years in business, this venture offers significant profit potential estimated in the hundreds of millions of dollars. The company is seeking expansion capital, a joint venture, or an investor to facilitate growth and development.

Industry Information

Industry Description:
Mining / Minerals / Metals
Classification:
Manufacturing

Operational Snapshot

Year Established:
2005

Real Estate & Lease

Status:
Owned

Listing Details

Listing ID:
a73cb342-2c35-4a4d-b4bd-10100dc76c6c
Deal Status:
For Sale
Date Posted:
July 14, 2024
Last Updated:
September 15, 2025
Currency:
USD