Alpha Metallurgical Resources, Inc. is a U.S. coal supplier focused predominantly on the production of metallurgical (coking) coal, which is a critical raw material used in the global steelmaking process. The company operates a large portfolio of underground and surface mines, as well as coal preparation and load-out facilities, primarily located across the Central Appalachian coalfields in Virginia and West Virginia.
Alpha's business model centers on extracting run-of-mine coal, processing it to meet specific customer requirements, and marketing it through long-term contracts and spot sales to domestic and international steel producers. The company's revenue is overwhelmingly derived from its Metallurgical segment, which accounts for over 95% of total coal revenues (generating $447.3 million in Q1 2026), while thermal coal—often extracted as a byproduct of metallurgical mining—makes up the remaining low single-digit percentage ($16.9 million in Q1 2026) and is sold to utilities and industrial heating customers.
Geographically, Alpha has a strong export orientation, with approximately 75% of its sales volume directed to international markets and the remaining 25% sold domestically. To support its export operations, the company holds a 65% ownership stake in the Dominion Terminal Associates (DTA) coal export facility located in Newport News, Virginia, providing it with significant logistical advantages and reliable access to seaborne markets. Formed in 2016 as Contura Energy to acquire assets from Alpha Natural Resources out of bankruptcy, the company rebranded to Alpha Metallurgical Resources in 2021 to better reflect its strategic focus on supplying the steel industry.
