Warrior Met Coal wins two federal coal leases, with $47 million in bids
Warrior Met Coal subsidiaries entered into two federal coal leases with the Bureau of Land Management covering about 14,050 acres at Mine No. 1 and Mine No. 4. The companies bid roughly $47 million in total and made initial payments of about $9.4 million, with remaining installments due over the following four years.
Key points
- Mine No. 1 lease: about 8,346 acres, roughly 36.3 million short tons of recoverable coal, bid of about $32 million
- Mine No. 4 lease: about 5,704 acres, roughly 16.9 million short tons of recoverable coal, bid of about $15 million
- Initial payments of about $6.4 million and $3 million made; each lease has five equal payments with the rest due annually
- Interior Department issued mining plan approvals for both leases on January 13, 2026
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.