SunCoke’s sale of met coal mines deemed unlikely

摘要

SunCoke Energy Inc.’s “strategic exit” from the coal mining business continues, but the company will face challenges in selling seven mines in Virginia due to a struggling metallurgical coal market. “We’re still open to a sale at this point. However, it’s not likely given the low prices for metallurgical coal. It’s just a tough market to find a buyer,” a SunCoke spokesman told AMM.