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  "documentTitle": "Alpha Metallurgical Resources, Inc. (AMR)",
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  "presentationDate": "2022-05-17 00:00:00",
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  "notes": "The table highlights that AMR is the only company in the peer group using NFDL for safety bonuses.",
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      "text": "“NFDL Rate is a standard established by the Mine Safety and Health Administration and is widely used by coal companies to judge their safety performance.”",
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      "text": "AMR management's short-term bonus in safety is being tied to NFDL which the company claims is “widely” used by others in the industry. However, after conducting a benchmark analysis, we find that more coal companies with U.S. production use TRIR or the Total Reportable Incident Rate. AMR is the only company we find using NFDL.",
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      "kind": "callout",
      "text": "AMR management's short-term bonus in safety is being tied to NFDL which the company claims is \"widely\" used by others in the industry. However, after conducting a benchmark analysis, we find that more coal companies with U.S. production use TRIR or the Total Reportable Incident Rate. AMR is the only company we find using NFDL.",
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