HNRG
- Hallador Energy Company
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Overview
Company Summary
Hallador Energy Company (HNRG) is a company primarily focused on the production and sale of coal. Founded in 1951, it is headquartered in Colorado, USA. Hallador operates through its subsidiary, Sunrise Coal LLC, which owns and operates coal mining properties in the Illinois Basin.
The core business of Hallador Energy is mining thermal coal used for electricity generation. They extract coal from their underground mines, which are specifically located in southwestern Indiana. The company utilizes modern mining techniques and equipment to efficiently extract and process coal.
Once the coal is extracted, Hallador Energy transports it to customers through various means, including rail, barges, and trucks. This facilitates the distribution of their coal to utilities and industrial customers across multiple states within the Midwest and Southeast regions of the United States.
In addition to coal production and sales, Hallador Energy is committed to maintaining high safety and environmental standards. They strive to minimize the environmental impact of coal mining and implement measures to mitigate the effects on local ecosystems.
Hallador Energy also engages in exploration activities to identify and evaluate potential coal reserves for future mining operations. This helps ensure a long-term supply of coal to meet market demand and maintain their position as a significant player in the coal industry.
Overall, Hallador Energy Company operates as a coal mining company, focusing on the extraction, production, and sale of thermal coal while emphasizing safety, environmental stewardship, and sustainable resource management.