Mining Equity Trust
Regency is an investor in MET - Mining Equity Trust; created to pursue a metallurgical coal roll-up strategy in the Eastern United States.
Owns and Operates Omega Holdings LLC in Virginia in the Appalachian coal fields
Pursuing US Based Coal Roll-Up Strategy
Regency Mines holds 25.84% of Mining Equity Trust (“MET”), a joint venture including Legacy Hill Resources and Carraigbarre Capital Limited to identify and acquire metallurgical coal assets in the United States.
OMEGA Metallurgical Coal: MET owns and operates 100% of Omega Holdings LLC, a metallurgical coal business in southwest Virginia in the United States. Omega is a regional leader in using highwall mining to extract coal from the Appalachian mountainsides. Metallurgical coal is an essential ingredient in primary steel making for which there is currently no substitute.
More information can be found at www.miningequitytrust.com.