Range Impact, Inc. announced the acquisition of the Premier Elkhorn mine complex and Cambrian Coal mine complex located in eastern Kentucky from Continental Land Co., LLC.
The company sold all the common stock of Collins Building & Contracting, Inc., completing its exit from the abandoned mine land reclamation services business.
Range Bluegrass Land LLC acquired the real and personal property of the Premier Elkhorn Mine Complex and Cambrian Coal Mine Complex.
Land Acquisitions
Range Impact acquired the Premier Elkhorn Mine Complex and Cambrian Coal Mine Complex in Kentucky, expanding its portfolio of land investments.
Strategic Partnerships
Range Bluegrass entered into agreements with MRR CNG, LLC and Wicks Building, enhancing its development and operational capabilities.
Consulting Agreements
The Company signed agreements with MRR and F & G LLC to provide reclamation and bond release services at the mine sites.
Company Strategy
Range Impact is focused on solving social, economic, and environmental challenges in Appalachia through strategic land asset management.
- The acquisitions of the Premier Elkhorn and Cambrian Coal mine complexes strengthen Range Impact's presence in Kentucky and add to its portfolio of land investments.
- The sale of Collins Building marks the Company's strategic exit from the abandoned mine land reclamation services industry, allowing it to focus on its core operations in land acquisition and repurposing.
Range Impact's recent land acquisitions and business divestment signal a strategic shift towards expanding its land asset portfolio in Appalachia. With a focus on environmental, social, and economic challenges, Range Impact aims to continue its innovative approach to repurposing distressed coal mine properties.