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  "documentTitle": "Alpha Metallurgical Resources, Inc. (AMR)",
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  "notes": "Uses a map to visualize cost differentials between coal regions and export ports.",
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      "text": "Transportation costs are a critical factor in the attractiveness of purchasing coal for customers, given that the customer assumes the cost. AMR is heavily reliant on export sales, which means AMR absorbs the cost of moving the coal to the export terminal.",
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      "text": "Eastern U.S. coal regions and points of thermal export",
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      "text": "AMR Disclosures",
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      "text": "Coal consumed domestically is usually sold at the mine and transportation costs are normally borne by the purchaser. Export coal is usually sold at the loading port, with purchasers responsible for further transportation.",
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      "text": "An increase in transportation costs could have an adverse effect on our ability to increase or to maintain production on a profit-making basis... Because transportation costs represent a significant portion of the total cost of coal for our customers...",
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      "text": "An increase in transportation costs could have an adverse effect on our ability to increase or to maintain production on a profit-making basis and could therefore adversely affect our revenues and earnings. Because transportation costs represent a significant portion of the total cost of coal for our customers, increases in transportation costs could also reduce overall demand for coal or make our coal production less competitive than coal produced from other sources or other regions. — AMR Disclosures",
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      "text": "Source: CONSOL March 2022 Investor Presentation",
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      "text": "Key Cost Factors We Believe AMR Doesn't Want Investors To Focus On.....",
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