Form SD - Specialized disclosure report
19 Settembre 2024 - 10:15PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________
FORM SD
SPECIALIZED DISCLOSURE REPORT
ALPHA METALLURGICAL RESOURCES, INC.
(Exact name of registrant as specified in its charter)
| | | | | | | | |
Delaware | 001-38735 | 81-3015061 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| | | | | | | | |
340 Martin Luther King Jr. Blvd. Bristol, Tennessee 37620 |
(Address of principal executive offices, zip code) |
J. Todd Munsey (423) 573-0300
(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, ____.
[X] 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 and Exhibit 99.1 to this Specialized Disclosure Report on Form SD.
SECTION 3 - EXHIBITS
Item 3.01 Exhibits
| | | | | |
Exhibit Number | Description |
2.01 | Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL) |
99.1 | |
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.
| | | | | | | | |
| Alpha Metallurgical Resources, Inc. |
| | |
Date: September 19, 2024 | By: | /s/ J. Todd Munsey |
| | Name: J. Todd Munsey |
| | Title: Chief Financial Officer |
Alpha Metallurgical Resources, Inc.
Resource Extraction Payment Report
For the Year Ended December 31, 2023
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Project (1) | | | | Payments by Type (in U.S. Dollars) (3) |
Resource Type | Extraction Method | Major Subnational Political Jurisdiction (2) | | Country (2) | | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvements | Community and Social Responsibility (4) | Total |
|
Entity Level Payments | | US | | $ | 75,700,000 | | $ | 1,690,284 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 10,343,041 | | $ | 87,733,325 | |
Met Segment | | | | | | | | | | | | |
C | U/O | US-VA | | US | | — | | — | | — | | — | | — | | — | | — | | 7,996,967 | | $ | 7,996,967 | |
C | U/O | US-WV | | US | | — | | — | | — | | — | | — | | — | | — | | 24,682,370 | | $ | 24,682,370 | |
All Other | | | | | | | | | | | | |
C | U/O | US-WV | | US | | — | | — | | — | | — | | — | | — | | — | | 5,598,761 | | $ | 5,598,761 | |
Total Projects | | | | $ | 75,700,000 | | $ | 1,690,284 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 48,621,139 | | $ | 126,011,423 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Government Payees | | | | Payments by Type (in U.S. Dollars) (3) |
| Country (2) | | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvements | Community and Social Responsibility (4) | Total |
|
United States Department of the Treasury | | US | | $ | 75,700,000 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 4,749,133 | | $ | 80,449,133 | |
United States Department of Labor | | US | | — | | 1,690,284 | | — | | — | | — | | — | | — | | — | | $ | 1,690,284 | |
Office of Surface Mining Reclamation and Enforcement | | US | | — | | — | | — | | — | | — | | — | | — | | 1,983,409 | | $ | 1,983,409 | |
Pension Benefit Guarantee Corporation | | US | | — | | — | | — | | — | | — | | — | | — | | 6,910,772 | | $ | 6,910,772 | |
Internal Revenue Service | | US | | — | | — | | — | | — | | — | | — | | — | | 34,865,698 | | $ | 34,865,698 | |
Casa Cantonale AVS | | CH | | — | | — | | — | | — | | — | | — | | — | | 112,127 | | $ | 112,127 | |
Total Government Payees | | | | $ | 75,700,000 | | $ | 1,690,284 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 48,621,139 | | $ | 126,011,423 | |
(1) Projects are defined and presented based on three underlying criteria including 1) the type(s) of resource being commercially developed, 2) the method(s) of extraction, and 3) the major subnational political jurisdiction where the commercial development of the resource is taking place. For payments made with respect to obligations levied at the entity level, no project is required. Such payments are presented as "Entity Level Payments."
(2) Major subnational political jurisdiction and country are presented based on codes established by the International Organization for Standardization ("ISO") in ISO 3166.
(3) Payments to U.S. federal government entities were made in U.S. dollars. Payments to foreign governmental entities were made in local currency (Swiss Franc) and translated to U.S. dollars based on the exchange rate at the time of payment.
(4) Payments include U.S. federal employer related payroll taxes, black lung excise taxes, reclamation fees, mine safety and health administration assessments, pension benefit guarantee corporation fees and Switzerland employer related payroll taxes.
C - Coal resource
U - Underground mine
O - Open-pit surface mine
v3.24.3
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v3.24.3
Payments, by Category - 12 months ended Dec. 31, 2023
|
USD ($) |
[1] |
Payments: |
|
Taxes |
$ 75,700,000
|
Royalties |
1,690,284
|
Comm. Social Resp. |
48,621,139
|
Total Payments |
$ 126,011,423
|
|
|
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v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
|
Taxes |
Royalties |
Comm. Social Resp. |
Total Payments |
Total |
[1] |
$ 75,700,000
|
$ 1,690,284
|
$ 48,621,139
|
$ 126,011,423
|
Met [Member] | C/U/O/US-VA [Member] |
|
|
|
|
|
Total |
[1] |
|
|
7,996,967
|
7,996,967
|
Met [Member] | C/U/O/US-WV [Member] |
|
|
|
|
|
Total |
[1] |
|
|
24,682,370
|
24,682,370
|
All Other [Member] | C/U/O/US-WV [Member] |
|
|
|
|
|
Total |
[1] |
|
|
$ 5,598,761
|
$ 5,598,761
|
|
|
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v3.24.3
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
|
Taxes |
Royalties |
Comm. Social Resp. |
Total Payments |
Total |
[1] |
$ 75,700,000
|
$ 1,690,284
|
$ 48,621,139
|
$ 126,011,423
|
UNITED STATES | United States Department of the Treasury [Member] |
|
|
|
|
|
Total |
[1] |
$ 75,700,000
|
|
4,749,133
|
80,449,133
|
UNITED STATES | United States Department of Labor [Member] |
|
|
|
|
|
Total |
[1] |
|
$ 1,690,284
|
|
1,690,284
|
UNITED STATES | Office of Surface Mining Reclamation and Enforcement [Member] |
|
|
|
|
|
Total |
[1] |
|
|
1,983,409
|
1,983,409
|
UNITED STATES | Pension Benefit Guarantee Corporation [Member] |
|
|
|
|
|
Total |
[1] |
|
|
6,910,772
|
6,910,772
|
UNITED STATES | Internal Revenue Service [Member] |
|
|
|
|
|
Total |
[1] |
|
|
34,865,698
|
34,865,698
|
SWITZERLAND | Casa Cantonale AVS [Member] |
|
|
|
|
|
Total |
[1] |
|
|
$ 112,127
|
$ 112,127
|
|
|
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v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
|
Amount |
Type |
Country |
Govt. |
Project |
Resource |
Segment |
#: 1 |
|
|
|
|
|
|
|
|
$ 75,700,000
|
Taxes
|
UNITED STATES
|
United States Department of the Treasury [Member]
|
|
|
|
#: 2 |
|
|
|
|
|
|
|
|
1,690,284
|
Royalties
|
UNITED STATES
|
United States Department of Labor [Member]
|
|
|
|
#: 3 |
|
|
|
|
|
|
|
|
6,910,772
|
Comm. Social Resp.
|
UNITED STATES
|
Pension Benefit Guarantee Corporation [Member]
|
|
|
|
#: 4 |
|
|
|
|
|
|
|
|
3,320,142
|
Comm. Social Resp.
|
UNITED STATES
|
Internal Revenue Service [Member]
|
|
|
|
#: 5 |
|
|
|
|
|
|
|
|
112,127
|
Comm. Social Resp.
|
SWITZERLAND
|
Casa Cantonale AVS [Member]
|
|
|
|
#: 6 |
|
|
|
|
|
|
|
|
960,172
|
Comm. Social Resp.
|
UNITED STATES
|
United States Department of the Treasury [Member]
|
C/U/O/US-VA [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 7 |
|
|
|
|
|
|
|
|
401,836
|
Comm. Social Resp.
|
UNITED STATES
|
Office of Surface Mining Reclamation and Enforcement [Member]
|
C/U/O/US-VA [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 8 |
|
|
|
|
|
|
|
|
6,634,959
|
Comm. Social Resp.
|
UNITED STATES
|
Internal Revenue Service [Member]
|
C/U/O/US-VA [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 9 |
|
|
|
|
|
|
|
|
2,937,783
|
Comm. Social Resp.
|
UNITED STATES
|
United States Department of the Treasury [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 10 |
|
|
|
|
|
|
|
|
1,161,771
|
Comm. Social Resp.
|
UNITED STATES
|
Office of Surface Mining Reclamation and Enforcement [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 11 |
|
|
|
|
|
|
|
|
20,582,816
|
Comm. Social Resp.
|
UNITED STATES
|
Internal Revenue Service [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
Met Segment [Member]
|
#: 12 |
|
|
|
|
|
|
|
|
851,179
|
Comm. Social Resp.
|
UNITED STATES
|
United States Department of the Treasury [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
All Other Segment [Member]
|
#: 13 |
|
|
|
|
|
|
|
|
419,801
|
Comm. Social Resp.
|
UNITED STATES
|
Office of Surface Mining Reclamation and Enforcement [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
All Other Segment [Member]
|
#: 14 |
|
|
|
|
|
|
|
|
$ 4,327,781
|
Comm. Social Resp.
|
UNITED STATES
|
Internal Revenue Service [Member]
|
C/U/O/US-WV [Member]
|
Coal [Member]
|
All Other Segment [Member]
|
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