tag:blogger.com,1999:blog-2335748440449035592.post2973053583365135861..comments2008-07-21T20:22:29.470-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2335748440449035592.post-42678465229529991842008-07-21T20:22:00.000-04:002008-07-21T20:22:00.000-04:00Magic 8 Ball says "YES"<BR/><BR/>http://www.cnbc.com/id/25789194/for/cnbc/<BR/><BR/><BR/>CHARLESTON, W.Va. - Steelmaker ArcelorMittal is buying a second West Virginia coal mine operator.<BR/><BR/>Luxembourg-based ArcelorMittal said Monday it has a deal to acquire Concept Group, owner of 57 million tons of metallurgical-grade coal in West Virginia. Terms were not disclosed.<BR/><BR/>A month ago, ArcelorMittal purchased Mid Vol Coal Group, which has 85 million tons of reserves in Virginia and West Virginia. ArcelorMittal says Concept Group's operations are next to Mid Vol's.<BR/><BR/>ArcelorMittal and others are buying up met coal operations to control soaring raw materials costs.nomar5better2http://openid.aol.com/nomar5better2noreply@blogger.com