Warrior Met Coal (NYSE: HCC) today announced that its Board of Directors
has declared a regular quarterly cash dividend of $0.05 per share to be
paid on May 11, 2018, to stockholders of record as of the close of
business on May 4, 2018.
Warrior Met Coal is a large-scale, low-cost U.S. based producer and
exporter of premium hard coking coal (“HCC”) operating highly efficient
longwall operations in its underground mines located in Alabama. The HCC
that Warrior Met Coal produces from the Blue Creek coal seam contains
very low sulfur and has strong coking properties, and is of a similar
quality to coal referred to as the premium HCC produced in Australia.
The premium nature of Warrior Met Coal’s HCC makes it ideally suited as
a base feed coal for steel makers and results in price realizations near
the quarterly Australian Premium Low-Volatility HCC index average price.
Warrior Met Coal sells all of its met coal production to steel producers
in Europe, South America and Asia. For more information about Warrior
Met Coal, please visit www.warriormetcoal.com.
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Copyright Business Wire 2018
Source: Business Wire
(April 24, 2018 - 4:30 PM EDT)
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