By The Associated Press
COAL CUTS: Coal producer Alpha Natural Resources Is cutting production by 16 million tons and eliminating 1,200 jobs, including 400 with the immediate closing of eight mines in Virginia, West Virginia and Pennsylvania.
GENERATION GAP: Alpha will reduce overhead by $150 million as it shifts away from thermal coal used in domestic power generation to concentrate on metallurgical coal used in steelmaking overseas.
FOCUS EAST: About 40 percent of Alpha's production cuts will come from high-cost eastern mines "that are unlikely to be competitive for the foreseeable future," according to the company's CEO.
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