Arch Coal, Inc.

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History Arch Coal was formed in July 1997 through the merger of publicly traded Ashland Coal, Inc. and privately held Arch Mineral Corporation. Arch Mineral had its origins in 1969, when it was formed as a partnership between Ashland Oil (now Ashland Inc.) and the Hunt family of Dallas, Texas; Ashland Coal was formed in 1975 as a wholly owned subsidiary of Ashland Oil. With the completion of the merger, Arch became the leading producer of low-sulfur coal in the eastern United States.

As one of the world's largest and most efficient coal producers, we supply steam and metallurgical coal to power producers and steel manufacturers on five continents.

In December 2005, Arch Coal sold select eastern assets to Magnum Coal Company to unlock the value of some of its Central Appalachian holdings, sharpened its focus in that region, and strengthened its balance sheet in preparation for future growth. In August 2006, Arch acquired a one-third interest in Knight Hawk Coal, a growing coal producer in the Illinois Basin. In October 2009, Arch acquired Rio Tinto's Jacobs Ranch mine and blended it with Black Thunder mine in the southern Powder River Basin of Wyoming, creating the single largest coal mining complex in the world.

As one of the world's largest and most efficient coal producers, we're committed to helping secure our customers' future supply needs through more than a 5-billion-ton reserve base.

Arch Coal is dedicated to being a market-driven global leader in the coal industry and to creating superior long-term shareholder value.

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