Stearns Coal Mining Complex Restart

mccreary County


Industrial

Description:

Idled coal property with mine mouth processing plant and adjacent refuse fill. All reclamation permits maintained and in place. 39 million tons of reserves owned(no royalty). Preparation plant in place(needs updating). Refuse fill maintained and in place.


Potential Market/Users:
Coal fired Utility Market Norfolk Southern unit train loadout. Good freight rates to TVA, EKPC, Southern Company. Less than 30 miles by truck to East Kentucky Power Cooper Station.
Potential Competitors:
All Norfolk Southern Coal producers in our region as well as Coal producers in Kentucky within trucking distance of EKPC's Cooper Station
Current Investors:
Kenneth Stacy 2700 Lee Highway Suite B Bristol, VA 24202

Point of Contact:
Kenneth Stacy
Southfork Coal Company
(423) 418-4754
Project Address:
Route 1651
Revelo, KY
Management Team: