Westmoreland Mining Holdings, LLC has announced a restructuring of its company and the launching a new enterprise called “WestMET” for Westmoreland Minerals, Energy and Technology.
Company officials say that the changes “will substantially enhance the foundations of the business by right sizing the Second Lien Debt Facility to align with the Company’s long-term strategic direction.” The new enterprise emerged from “innovative ideas and concepts that were ‘hiding in plain sight’ within th...