An Arch Coal subsidiary has opened an office in Beijing's Chaoyang District.
Creve Coeur-based coal producer Arch Coal said its Arch Coal Asia-Pacific Pte. Ltd. subsidiary opened the Beijing office to meet growing demand for metallurgical and thermal coals.
Arch Coal hired Zhang Shijie to lead the office, and he will report to Renato Paladino, president of Arch Coal Asia-Pacific.
"The opening of an office in China is a natural next step as we raise our stake in the seaborne coal trade," Arch Coal's Executive Vice President and Chief Operating Officer Paul Lang said in a statement.
In April, Arch Coal reported a $70 million loss for its first quarter on weaker coal shipments and prices.