Form SD - Specialized disclosure report
September 10 2024 - 2:54PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM SD
Specialized Disclosure Report
Arch Resources, Inc.
(Exact name of registrant as specified in its charter)
| | |
| | |
Delaware | 1-13105 | 43-0921172 |
(State or other jurisdiction | (Commission File | (I.R.S. Employer |
of incorporation or organization) | Number) | Identification Number) |
| | |
| | |
One CityPlace Drive | | |
Suite 300 | | |
St. Louis | | |
Missouri | | 63141 |
(Address of principal executive offices) | | (Zip code) |
Matthew C. Giljum Senior Vice President and Chief Financial Officer (314)994-2700 (Name and telephone number, including area code, of the person to contact in connection with this report.) |
Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:
☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, _____.
☒ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.
SECTION 2. RESOURCE EXTRACTION ISSUER DISCLOSURE
Item 2.01 Resource Extraction Issuer Disclosure and Report
Disclosure of Payments by Resource Extraction Issuers
The specified payment disclosure required by this Form is included as Exhibit 2.01 to this Specialized Disclosure Report on Form SD.
SECTION 3. EXHIBITS
Item 3.01 Exhibit
2.01 – Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL)
99.1 – Resource Extraction Payment Report as by Item 2.01 of this Form
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
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| Arch Resources, Inc. |
| |
| |
| By: | /s/ Matthew C. Giljum |
| | Matthew C. Giljum |
| | Senior Vice President and Chief Financial Officer (On behalf of the registrant) |
| | |
| | September 10, 2024 |
EXHIBIT 99.1
Resource Extraction Payment Report
for the Fiscal Year Ended December 31, 2023
| | | | | | | | | | | |
| | | | | | | | | | |
Segment | | Project /Subnational Political Jurisdiction | | Resource (Mineral) & Method of Extraction | | Governmental Recipient/Country | | Payment Type (Taxes, Fees) | | Dollars (In thousands) |
| | | | | | | | | | | |
Metallurgical | | West Virginia | | Coal - Underground Mining | | U.S. Federal government | | Federal black lung excise taxes | | $ | 981 |
| | West Virginia | | Coal - Underground Mining | | U.S. Federal government | | Federal reclamation fees | | | 829 |
| | West Virginia | | Coal - Underground Mining | | U.S. Federal government | | Black lung benefits | | | 426 |
| | Total West Virginia Metallurgical payments: | | | | | | | | $ | 2,236 |
| | | | | | | | | | | |
Thermal | | Colorado | | Coal - Underground Mining | | U.S. Federal government | | Federal black lung excise taxes | | $ | 2,262 |
| | Colorado | | Coal - Underground Mining | | U.S. Federal government | | Federal reclamation fees | | | 256 |
| | Colorado | | Coal - Underground Mining | | U.S. Federal government | | Black lung benefits | | | 44 |
| | Total Colorado Payments | | | | | | | | $ | 2,562 |
| | | | | | | | | | | |
| | Wyoming | | Coal - Open Pit | | U.S. Federal government | | Federal black lung excise taxes | | $ | 31,984 |
| | Wyoming | | Coal - Open Pit | | U.S. Federal government | | Federal reclamation fees | | | 14,157 |
| | Wyoming | | Coal - Open Pit | | U.S. Federal government | | Black lung benefits | | | — |
| | Total Wyoming payments | | | | | | | | $ | 46,141 |
| | | | | | | | | | | |
| | Total Thermal payments: | | | | | | | | $ | 48,703 |
| | | | | | | | | | | |
Corporate and Other | | (1) | | Coal - Underground Mining and Open Pit | | U.S. Federal government | | Federal Income Taxes | | $ | 850 |
Corporate and Other | | (2) | | Other | | U.S. Federal government | | Black Lung Benefits | | $ | 1,023 |
| (1) | The United States federal government levies income taxes at the Arch Resources, Inc. (“Arch Resources”) level rather than on a per project basis. Income tax payment information in the table above is presented at the Arch Resources entity level. |
| (2) | Other represents Black Lung Benefits for idle or sold operations. |
| | | |
| | |
| | |
| | 2023 |
Total Payments (by Payment Type) | | | (In thousands) |
Federal black lung excise taxes | | $ | 35,227 |
Federal reclamation fees | | | 15,242 |
Black lung benefits | | | 1,493 |
Federal Income Taxes | | | 850 |
| | | |
Total payments to U.S. Federal government | | $ | 52,812 |
v3.24.2.u1
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v3.24.2.u1
Payments, by Category - USD ($)
$ in Thousands |
Fees |
Total Payments |
Federal black lung excise taxes |
Black lung benefits |
Federal Income Taxes |
| Total |
$ 15,242
|
$ 52,812
|
$ 35,227
|
$ 1,493
|
$ 850
|
v3.24.2.u1
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands |
Fees |
Total Payments |
Federal black lung excise taxes |
Black lung benefits |
Federal Income Taxes |
| Total |
$ 15,242
|
$ 52,812
|
$ 35,227
|
$ 1,493
|
$ 850
|
| West Virginia |
|
|
|
|
|
| Total |
829
|
2,236
|
981
|
426
|
|
| Colorado |
|
|
|
|
|
| Total |
256
|
2,562
|
2,262
|
44
|
|
| Wyoming |
|
|
|
|
|
| Total |
$ 14,157
|
46,141
|
$ 31,984
|
|
|
| Entity level |
|
|
|
|
|
| Total |
|
850
|
|
|
$ 850
|
| Other Project |
|
|
|
|
|
| Total |
|
$ 1,023
|
|
$ 1,023
|
|
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v3.24.2.u1
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands |
Fees |
Total Payments |
Federal black lung excise taxes |
Black lung benefits |
Federal Income Taxes |
| Total |
$ 15,242
|
$ 52,812
|
$ 35,227
|
$ 1,493
|
$ 850
|
| United States | Federal government |
|
|
|
|
|
| Total |
$ 15,242
|
$ 52,812
|
$ 35,227
|
$ 1,493
|
$ 850
|
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v3.24.2.u1
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands |
Amount |
Type |
Country |
Subnat. Juris. |
Govt. |
Project |
Resource |
Segment |
Ext. Method |
| #: 1 |
|
|
|
|
|
|
|
|
|
|
$ 981
|
Taxes
|
United States
|
snj:US-WV
|
Federal government
|
West Virginia
|
arch:ResourceCoalMember
|
arch:MetallurgicalSegmentMember
|
Underground Mining
|
| #: 2 |
|
|
|
|
|
|
|
|
|
|
829
|
Fees
|
United States
|
snj:US-WV
|
Federal government
|
West Virginia
|
arch:ResourceCoalMember
|
arch:MetallurgicalSegmentMember
|
Underground Mining
|
| #: 3 |
|
|
|
|
|
|
|
|
|
|
426
|
Taxes
|
United States
|
snj:US-WV
|
Federal government
|
West Virginia
|
arch:ResourceCoalMember
|
arch:MetallurgicalSegmentMember
|
Underground Mining
|
| #: 4 |
|
|
|
|
|
|
|
|
|
|
2,262
|
Taxes
|
United States
|
snj:US-CO
|
Federal government
|
Colorado
|
arch:ResourceCoalMember
|
arch:ThermalSegmentMember
|
Underground Mining
|
| #: 5 |
|
|
|
|
|
|
|
|
|
|
256
|
Fees
|
United States
|
snj:US-CO
|
Federal government
|
Colorado
|
arch:ResourceCoalMember
|
arch:ThermalSegmentMember
|
Underground Mining
|
| #: 6 |
|
|
|
|
|
|
|
|
|
|
44
|
Taxes
|
United States
|
snj:US-CO
|
Federal government
|
Colorado
|
arch:ResourceCoalMember
|
arch:ThermalSegmentMember
|
Underground Mining
|
| #: 7 |
|
|
|
|
|
|
|
|
|
|
31,984
|
Taxes
|
United States
|
snj:US-WY
|
Federal government
|
Wyoming
|
arch:ResourceCoalMember
|
arch:ThermalSegmentMember
|
Open Pit
|
| #: 8 |
|
|
|
|
|
|
|
|
|
|
14,157
|
Fees
|
United States
|
snj:US-WY
|
Federal government
|
Wyoming
|
arch:ResourceCoalMember
|
arch:ThermalSegmentMember
|
Open Pit
|
| #: 9 |
|
|
|
|
|
|
|
|
|
|
850
|
Taxes
|
United States
|
|
Federal government
|
Entity level
|
arch:ResourceCoalMember
|
arch:CorporateAndOtherSegmentMember
|
Underground Mining
|
| #: 10 |
|
|
|
|
|
|
|
|
|
|
$ 1,023
|
Taxes
|
United States
|
|
Federal government
|
Other Project
|
|
arch:CorporateAndOtherSegmentMember
|
|
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