Usibelli Coal Mine (UCM) is a family-owned and operated coal mine, proudly run by the fourth generation of the Usibelli family. Established in 1943 by Emil Usibelli, UCM remains the only operational coal mine in Alaska and is situated 115 miles south of Fairbanks. The company specializes in producing around 1 million tons of ultra-low sulfur coal, which is used to supply power plants in Interior Alaska for heating and power. Operating year-round, UCM benefits from a workforce of approximately 100 people, cutting-edge mining equipment, and state-of-the-art engineering.
Although the company's headquarters are not specified, its commitment to sustainable transportation and waste solutions indicates a focus on environmentally responsible practices. Despite this, details of last investment and investors remain undisclosed. The lack of recent investment information may suggest the potential for opportunities in this well-established, family-run business, particularly for investors interested in the energy and mining sector.
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