Alpha Natural Resources (ANR) announces a strategic repositioning and organizational...

|About: Alpha Natural Resources, Inc. (ANRZQ)|By:, SA News Editor

Alpha Natural Resources (ANR) announces a strategic repositioning and organizational streamlining plan it says will reduce overhead costs by $150M. Mine idlings and production curtailments will reduce annual coal output ~16M tons by early 2013. Operational adjustments will cut ~1,200 positions from the current workforce of 13,100.