Operational Coal Mine Available For Sale in Tennessee
The Project: Coal Mine in TN
Over 15,000 mineral acres under lease with multiple seams for Coal. Several Hundred acres has been most recently strip mined (includes mining equipment).
There is a mining permit/bond in place.
You will pay NO Royalty as the minerals are owned outright
Over 80 Million tons of in-place Reserves to be mined
-One seam is mainly high grade steam to Met Coal
- Remaining seams high grade coal, one is permitted and being mined
- BTU ranges from 11,500-13,500
- Sulfur typically under 1.0
- Capable of approximately 100,000 Tons per month of production by amping up production
- Near Barge and rail (not on site)
- New Load out tipple for trucks but could be used for Rail
Recent buyers could not come up with the money to buy. This is an ongoing operation. Package will include much more detail, Coal Quality Reports, other assets, Equipment list, etc.
Note: All information supplied by the owner
Note: Will require NC/ND documents to be signed by the buyer. There will be an additional Buyer’s Premium fee at closing. Easy to tour.
If this property does not fit your requirements, please contact me as I have other coal and timber properties available.
$ 30,000,000 USD
15000 (+/-) Acres
Seller may do partial owner carry terms. Please use contact information below for property location and more information.
Contact seller for location, TN USA
Area Code Additional
Craig Ginter, CCIM, ALC
United Country RealQuest Realty
Email Contact: Click Here
Disclaimer: Price, size, specifications, & availability are subject to change without notice.
All information is believed to be correct but is not warranted.
Exercise prudence, with a diligent investigation, and verification of facts
pertaining to any potential purchase or sale.