Paul Lang, president and CEO of Arch Resources Inc., the company operating the second-largest coal mine in the U.S., said aligning the company with the world's evolving priorities on environmental, social and governance issues is essential to long-term success. With moves including a name change from Arch Coal Inc. to Arch Resources in early 2020, Arch has been pivoting its focus from thermal coal used to generate power to metallurgical coal used in the steelmaking process. Company executives reiterated on Arch's first-quarter earnings call that the company is winding down its substantial legacy thermal coal assets while pushing forward with a new metallurgical mine in West Virginia. "We continue to realign our value proposition to reflect our focus on steel markets in keeping with the global economies' intensifying focus on decarbonization," Lang said.