Alpha Metallurgical Resources Limited is a coal mining company based in Bristol, Tennessee that mines, processes, and markets both metallurgical coal used in steelmaking and high-quality thermal coal used for electricity generation from reserves primarily located in Central Appalachia across West Virginia and Virginia. The company generates revenue through long-term and spot coal supply agreements with steelmakers, coke producers, and power generators globally—with approximately three-quarters of revenues from international customers—as well as from production royalties on leased reserves and coal transportation services via its majority ownership stake in a regional export terminal. As a capital-intensive business, the company's profitability depends on commodity coal prices, which fluctuate based on global economic conditions and competition from alternative energy sources, while operations are subject to extensive environmental and safety regulations.