Foundation Coal Holdings Inc.

Public Company, Headquarters Location
999 Corporate Blvd., Ste. 300, Linthicum Heights, MD 21090-2271, United States
(410)689-7692, (410)689-7611 fax, http://www.foundationcoal.com

Primary SIC: Bituminous Coal & Surface Mining, Primary NAICS: Bituminous Coal and Lignite Surface Mining
Description: Foundation Coal Holdings Inc. can be traced back to Amoco Minerals Company, which was incorporated in Delaware on September 2, 1969, as a subsidiary of Amoco Corporation. The name was changed to Cyprus Minerals Company on May 24, 1985 and then spun-off from Amoco Corporation in July of 1985. Cyprus Minerals Company merged with and into AMAX Inc., a New York corporation, on November 15, 1993, with Cyprus Minerals Company being the surviving corporation under the name Cyprus Amax Minerals Company. The combined coal mining businesses were consolidated under Cyprus Amax Coal Company at the time of the 1993 merger. On June 30, 1999, Cyprus Amax Minerals Company and its subsidiary, Amax Energy Inc., sold the stock of Cyprus Amax Coal Company and all of its subsidiaries consisting of its remaining coal properties to RAG International Mining GmbH. After the closing of this transaction in 1999, our parent holding company was RAG American Coal Holding, Inc. Foundation Coal Holdings LLC was formed on February 9, 2004, by a group of investors for the purpose of acquiring the United States coal properties owned by RAG. The company is the fourth largest coal producer in the United States, based on tons produced. The company operates a diverse group of 12 individual coal mines located in Wyoming, Pennsylvania and West Virginia. Foundation Coal Holdings is also involved in marketing coal produced by others. More

Mining: Coal mining.