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Massey Energy Company Company Profile
Massey Energy (part of Alpha Natural Resources) gets its power from coal. The company is one of the leading coal miners in the US, producing steam and metallurgical coal at about 56 mining complexes in Central Appalachia (West Virginia, Kentucky, and Virginia). It produces about 37 million tons of coal annually and controls 2.4 billion tons of proved and probable reserves. Massey's other operations include 20 coal-handling and -processing facilities. Buyers of Massey's coal include utilities, steelmakers, and industrial manufacturers. Energy trader Constellation Energy Commodities Group accounts for more than 10% of Massey's sales. In 2011 coal miner and operator Alpha acquired Massey for $7.1 billion.
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