Premium premium hard coking coal producer Walter Energy Announces Quarterly Dividend

TAMPA, FL, Oct 20, 2010 (Coal Geology) – Walter Energy (NYSE: WLT), a leading U.S. producer and exporter of premium hard coking coal for the global steel industry, announced today that its Board of Directors has declared a regular quarterly dividend of $0.125 per common share, payable on Dec. 3, 2010 to shareholders of record at the close of business on Nov. 5, 2010.

About Walter Energy Walter Energy is a leading U.S. producer and exporter of premium hard coking coal for the global steel industry and also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company has revenues of approximately $1.2 billion and employs approximately 2,100 people. For more information about Walter Energy, please visit the Company Web site at www.walterenergy.com.




About Editor
Ankan Basu is a Certified Professional Geologist (CPG) with 10+ years of experience in the field of geology, hydrogeology and geochemistry.

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