SUBSEQUENT EVENTS |
6 Months Ended | ||
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Jun. 30, 2025 | |||
SUBSEQUENT EVENTS | |||
SUBSEQUENT EVENTS |
On July 1, 2025, the Company amended a third party customer’s coal supply sales agreement increasing contractual tons delivered by 0.3 million and 0.1 million, or $13.0 million and $2.6 million in revenue, for 2025 and 2026, respectively. On July 4, 2025, the U.S. H.R.1, an act to provide for reconciliation pursuant to title II of H. Con. Res. 14. (“the OBBBA”) was enacted. The OBBBA introduces multiple tax law and other legislative changes, including modifications to income tax provisions such as domestic research and development expenses, capital expenditures, and U.S. taxation of international earnings; the repeal or acceleration of the sunset of certain tax credits under the 2022 Inflation Reduction Act and elimination of certain penalties for violations of certain regulatory credit programs. The Company is analyzing the potential impacts of this legislation on its business and does not anticipate there to be a material impact as a result. |