Arch Coal files for bankruptcy in bid to tackle $4.5bn debt mountain

Madeleine Cuff
clock • 2 min read

Second-largest coal miner in the US files for bankruptcy as it embarks on ambitious restructuring programme to eliminate $4.5bn of debt from balance sheet

The US coal industry received another hammer blow today with the announcement America's second-largest coal mining firm, Arch Coal, has filed for bankruptcy. The company said in a statement it has declared...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on CCS

 'A critical piece of national infrastructure': Crown Estate agrees UK's first commercial carbon storage deal
CCS

'A critical piece of national infrastructure': Crown Estate agrees UK's first commercial carbon storage deal

Seabed owner inks deal paving way for subsea CO2 storage and infrastructure in the North Sea

clock 22 January 2026 • 2 min read
Encyclis secures green light for waste-to-energy CCS project in Bedfordshire
CCS

Encyclis secures green light for waste-to-energy CCS project in Bedfordshire

Rookery South Energy Recovery Facility set to be the second Encyclis facility in the UK fitted with carbon capture

clock 22 December 2025 • 2 min read
Stop waiting for silver bullets: How the UK can be a world leader in carbon removals
CCS

Stop waiting for silver bullets: How the UK can be a world leader in carbon removals

The UK already has the engineering capability, storage geology, industrial clusters and technical expertise to lead in carbon removal, writes Enfinium's Karl Smyth

Karl Smyth, Enfinium
clock 22 December 2025 • 5 min read