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
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