Former Murray Metallurgical completes sale, emerges from bankruptcy

By Sarah Lizee

Olympia, Wash., Dec. 14 – Hatfield Metallurgical Holdings, LLC, formerly Murray Metallurgical Coal Holdings, LLC, announced that its Chapter 11 plan became effective on Friday.

The company successfully completed the sale of its Oak Grove Mine to Hatfield, a privately held company jointly owned by American Consolidated Natural Resources, Inc. and MC SouthWork, LLC, a group of Murray’s former creditors, according to a press release.

The U.S. Bankruptcy Court for the Southern District of Ohio approved the plan on Nov. 25, as previously reported.

After the transaction, Hatfield’s affiliate, Crimson Oak Grove Resources, LLC, will continue operating the Oak Grove mine in the normal course.

In line with a management services agreement, a subsidiary of American Consolidated Natural Resources will also manage and operate the Oak Grove mine.

Murray Metallurgical is based in St. Clairsville, Ohio. The company filed bankruptcy on Feb. 11, 2020 under Chapter 11 case number 20-10390.

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