DENVER, Nov. 9, 2017 /PRNewswire/ -- (Nasdaq: HNRG)
Sunrise Coal, LLC, a wholly owned subsidiary of Hallador Energy,
announces the signing of a Side Track Agreement with the Norfolk
and Southern Railway to construct a truck to rail coal loading
facility. The facility known as the Princeton Loop will be
located 6 miles West of Princeton,
IN on Highway 64 and includes the ability to unload trucks,
blend coals, load 135 car unit trains in four hours and store over
4 million tons of coal. The new facility will primarily serve
utility coal plants served by the Norfolk Southern once the rail
facility is completed in the spring of 2018. Hallador's
President and CEO, Brent Bilsland,
stated, "We are excited about the development of the Princeton Loop
as it enables Sunrise's low-cost production to access substantial
new markets and better serve our customers."
Hallador's headquarters are in Denver,
Colorado and through its wholly owned subsidiary, Sunrise
Coal, LLC, produces coal in the Illinois Basin for the electric power
generation industry. To learn more about Hallador or Sunrise,
visit our websites at www.halladorenergy.com or
www.sunrisecoal.com.
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SOURCE Hallador Energy Company