Atlantic Carbon Group Plc is a UK based anthracite mining and processing company which is on course to become the leading US producer of high quality anthracite coal. Our focus of operations is on the North East Pennsylvanian Coalfield, USA, where we have our flagship operation Stockton Mine.
The company has become an established opencast producer of anthracite in the region, and is now amongst the top 4 anthracite miners in the US. It operates Stockton Mine through its wholly owned subsidiary, Coal Contractors Inc., to produce high quality anthracite, and the mine’s production levels and profitability have gone from strength to strength over the past 7 years.
The company has a highly experienced Board and an Anglo-American management team, whose combined expertise and knowledge are being carefully used to build on our profile in a carefully chosen area. The North East Pennsylvanian Coalfield benefits from well-documented reserves, an established local infrastructure designed around the anthracite industry, and the key thing which sets us apart from many other overseas natural resources investment opportunities – political stability. The UK and US also have long established business relationships which support our operations and expansion. We have a lease option on one other mine in the area, Pott & Bannon, and the Board are involved in on-going research and negotiations regarding the acquisition of additional sites.
The coalfield is well-documented, conveniently located for exports, has an established local infrastructure designed around the anthracite production industry, and yields high quality product. However it also holds one major benefit over other overseas natural resources investment opportunities – it is located in a politically stable environment, with close, long-established business relationships between the UK and the US. This stability goes a long way to ensuring the profitability and sustainability of our operations in Pennsylvania, unlike similar ventures in Ukraine for example.