Walter Energy Issues Statement on Alabama Storm Impacts
Friday, 29 April 2011 09:07
Walter Energy (NYSE: WLT) (TSX: WLT) issued the following statement today from President - U.S. Operations Walt Scheller regarding weather-related impacts to its operations following the April 27 storms in central and west central Alabama.
"We experienced several large tornadoes near our Alabama operations over the past 24 hours. We had one injury at a surface mining operation which required first aid treatment, but thankfully, we have no other reports of injuries to our employees at this time," Scheller said. "While both the No. 4 and No. 7 mines avoided direct impact by the tornadoes, they experienced power outages which have temporarily impacted production. We expect production to resume as soon as all power is restored and any related underground issues are resolved. Our surface mining operations suffered varying degrees of damage, mostly superficial with the exception of our Taft Choctaw mine, where storm-related damage cut power to the mine and its electrically operated dragline. At this time, we are uncertain how long it will take to restore power to this facility. Our metallurgical coke plant in North Birmingham was unaffected by the storms and is operating normally."