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Case 1:20-bk-12043 Doc 3 Filed 07/22/20 Entered 07/22/20 17:38:25 Desc Main <br /> Document Page 3 of 42 <br /> Debtors' coal to produce coke, which is used as a raw material in the steel manufacturing <br /> process. <br /> 7. The Debtors have a geographically diverse asset base with coal reserves located in <br /> Central Appalachia, Northern Appalachia, the Illinois Basin and the Western Bituminous region. <br /> As of December 31, 2019, the Debtors controlled an estimated 277.6 million tons of proven and <br /> probable coal reserves, consisting of an estimated 171.1 million tons of steam coal and an <br /> estimated 106.5 million tons of metallurgical coal. In addition, as of December 31, 2019, the <br /> Debtors controlled an estimated 190.7 million tons of non-reserve coal deposits. Periodically, <br /> the Debtors retain outside experts to independently verify coal reserve and non-reserve coal <br /> deposit estimates. The most recent audit by an independent engineering firm of coal reserve and <br /> non-reserve coal deposit estimates was completed by a third party engineering company as of <br /> December 31, 2019, and covered a majority of the coal reserves and non-reserve coal deposits <br /> that the Debtors controlled as of such date. <br /> 8. The Debtors operate underground and surface mines located in Kentucky, Ohio, <br /> Virginia, West Virginia and Utah. The number of mines that the Debtors operate will vary from <br /> time to time depending on a number of factors, including the existing demand for and price of <br /> coal, depletion of economically recoverable reserves and availability of experienced labor. <br /> Graphic 1 (set forth on page 5) depicts the location of the Debtors' coal mining and leasing <br /> operations as of December 31, 2019.' <br /> 9. For the year ended December 31, 2019, the Debtors produced approximately 3.2 <br /> million tons of coal from continuing operations and sold approximately 3.0 million tons of coal <br /> from continuing operations. <br /> 'The McClane Canyon mine on Colorado depicted on the map was permanently idled on December 31,2013. <br /> 3 <br />