Mine Operations

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Signal Peak Energy, LLC is a subsidiary of Global Mining Group, LLC, which is owned by Global Mining Holding Company, LLC.

The parent is owned by a Boich Companies entity; Ohio‐based utility company FirstEnergy Ventures; and Pinesdale, LLC, a wholly‐owned affiliate of Gunvor Group Ltd., one of the world’s leading commodity traders. Each of the parties owns a one‐third share of the Company.

Since acquiring the Mine, the investors built an entirely new infrastructure and transformedcoal-mine-workers the site into a world-class mining complex, including a wash plant rated at 2,000 tons per hour, a rail loop designed to hold up to 150 car unit trains, and a batch weigh‐bin rail loading facility that can load a 125 car unit train in under 2 hours.

With over 300 million raw tons of recoverable underground reserves, Signal Peak is Montana’s only underground coal mine and has a production capacity of approximately 8 million clean tonnes per year. The Mine recovers coal using underground continuous mining and longwall mining equipment. Coal is mined from panels that average 1250 feet wide (~400 meters) by 22,000 feet long (~7000 meters).

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