Sunrise Coal this week announced further investment in Knox County, this time with the reopening of the Freelandville Surface Mine.
According to a press release, Terre Haute-based Hallador Energy Company, through its wholly-owned subsidiary Sunrise Coal, is working now to reopen the Freelandville Surface Mine, which closed back in 2016.
Reopening the Freelandville Mine is actually one of a handful of new investments Hallador is making in southwestern Indiana, both to mine more coal and to use it right here at home, according to the release.
In February, Hallador announced that it would would be acquiring the Merom Power Plant, located in Sullivan County, subject to certain governmental and regulatory approvals.
Hallador now anticipates completing the purchase sometime in the third quarter and has entered into a multi-year Power Purchase Agreement with Hoosier Energy, the release states.
Hallador expects that, eventually, more than half Sunrise Coal’s annual coal production will be consumed at the Merom Power Plant, securing a “long-term demand for Sunrise’s large coal reserve base,” the release states.
Other investments made by Hallador include resuming operations at its Russellville, Illinois, elevator earlier this year.
“This investment provides a closer location for employees located near the Russellville area to access the Oaktown II underground mine,” the release states.
Also, in Pike County, Sunrise will begin new surface mining operations at its Prosperity Mine, located near Petersburg.
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