Alliance Resource Partners, L.P. Temporarily Ceasing Coal Production At All of Illinois Basin Mines; Suspends Cash Distribution for the Quarter Ending March 31, 2020
March 30, 2020 at 08:00 am EDT
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Alliance Resource Partners, L.P. is temporarily ceasing coal production at all of its Illinois Basin mines. While this temporary idling is currently scheduled to last through April 15, 2020, the actual return to production may be accelerated or extended based upon the business needs of customers. As the year progresses, coal production at all of operations will be further modified to match existing sales commitments of approximately 28 million tons for 2020.
The Board of Directors of ARLP's general partner (the "Board") has suspended the cash distribution to unit holders for the quarter ending March 31, 2020 (the "Quarter"). The Board intends to revisit this decision following the second quarter.
Alliance Resource Partners, L.P. is a diversified natural resource company. It is engaged in production and marketing of coal to domestic utilities, industrial users and international customers, as well as royalty income from oil & gas mineral interests. It operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties and Coal Royalties. The Illinois Basin Coal Operation includes the Gibson County Coal, LLC mining complex; the Warrior Coal, LLC mining complex; the River View Coal, LLC mining complex and the Hamilton County Coal, LLC mining complex. The Appalachia Coal Operations include the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining, LLC mining complex. The Oil & Gas Royalties includes oil and gas mineral interests held by Alliance Minerals as well as its equity interests in AllDale III. The Coal Royalties segment includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.
Alliance Resource Partners, L.P. Temporarily Ceasing Coal Production At All of Illinois Basin Mines; Suspends Cash Distribution for the Quarter Ending March 31, 2020
ALLIANCE RESOURCE PARTNERS, L.P. 
