CONSOL Energy's commitment to providing the best coal assets in the world is made possible by operating at some of the largest mines, terminals and complexes, right here in America. The Bailey Mine combined with Enlow Fork and BMX mines produce 9,000 tons of thermal coal per hour. CANONSBURG, Pa., May 8, 2019 / PRNewswire / -- CONSOL Energy Inc. (NYSE: CEIX) announced today that it has commenced the development of a new low-vol metallurgical coal mining operation in Wyoming County, West Virginia, with an anticipated completion date of 2021. The forward-looking statements in this press release speak only as of the date of this press release and CEIX disclaims any intention or obligation to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise, except as required by applicable law.CONSOL Energy Announces Development of the Itmann Mine "We are very pleased to announce the commencement of the Itmann Mine project, our first major growth initiative," … "We are very pleased to announce the commencement of the Itmann Mine project, our first major growth initiative," said Some key expected economic metrics surrounding the We expect that this project will be funded internally by our strong organic free cash flow generation and will not significantly affect our ability to continue to de-lever our balance sheet or to opportunistically repurchase CEIX shares or CCR units.Certain statements in this press release are "forward-looking statements" within the meaning of the federal securities laws. When we use the words "anticipate," "believe," "could," "continue," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements.

With the exception of historical matters, the matters discussed in this press release are forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in or implied by the forward-looking statements. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenues, income and capital spending. We have based these forward-looking statements on our current expectations and assumptions about future events.

CONSOL's flagship operation is the Pennsylvania Mining Complex, which has the capacity to produce approximately 28.5 million tons of coal per … Learn More Sustainability. Nearly 40% of the miners who were furloughed when Enlow Fork Mine was idled in mid-April will not return to their jobs when the facility reopens. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Consol Energy's plans to open a metallurgical coal mine amid its reserves in central West Virginia help open up a bigger market for the Canonsburg-based coal producer. CONSOL's flagship operation is the Pennsylvania Mining Complex, which has the capacity to produce approximately 28.5 million tons of coal per … Up until now, Consol … Consol Energy Inc. temporarily stopped the investment in the development of its newest mine as the coal company navigates the minefield that is … The Bailey Mine fills between five and nine 100-car trains seven days a week. Specific risks, contingencies and uncertainties are discussed in more detail in our filings with the Securities and Exchange Commission. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Consol laying off 40% of workers at idled Enlow Fork Mine. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements.

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