Arch Coal backs FY19 total sales volume view 86.7- 92.1 tons
"We are confident in our well-defined strategy for long-term value creation and growth, and we are pursuing it aggressively," Eaves said. "We expect several major drivers to elevate shareholder value in coming quarters regardless of market conditions. These drivers include the build-out of our world-class Leer South mine; the transition of our flagship Leer mine into the heart of its reserve base; the completion of our highly synergistic joint venture with Peabody; and the continuation of our capital return program. Coupled with continued, strong operational execution, these drivers should enhance our already strong competitive position in coking coal markets, increase our cash-generating capabilities significantly, and translate into greater value for our shareholders."