Contura Energy to change its name to Alpha Metallurgical Resources Inc.

Contura Energy Inc. announced today that it would change its name on Feb. 1 to Alpha Metallurgical Resources Inc. According to a company press release, the change "more accurately reflects the company's strategic focus on the production of metallurgical coal as a critical feedstock for steel production." The release notes that the recent sale of Contura's Cumberland Mine "largely marked the company's exit of the thermal coal business."

The ticker symbol of the company's New York Stock Exchange-traded common shares will change as well, to AMR, from CTRA, on Feb. 4.

Contura was created in 2016 from the assets of Alpha Natural Resources, which filed for Chapter 11 bankruptcy protection in 2015. The name change brings the company nearly full-circle back to its original, pre-bankruptcy name.

The company is a Tennessee-based metallurgical coal supplier with mining operations across Virginia and West Virginia.