BROOKWOOD, Ala.--(BUSINESS WIRE)--
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 August 23, 2017, to stockholders of record as of the close of
business on August 14, 2017.
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 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 benchmark HCC produced in Australia. The premium
nature of Warrior’s HCC makes it ideally suited as a base feed coal for
steel makers and results in price realization near the HCC benchmark.
Warrior 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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Warrior Met Coal
Analysts and Investors:
Dale W. Boyles,
205-554-6129
or
News Media:
William Stanhouse,
205-554-6131
Source: Warrior Met Coal