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Alpha Confirms Fatality Following Flooding Incident at Rolling Thunder Mine

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Alpha Metallurgical Resources (NYSE: AMR) confirmed a fatality after a flooding incident at Rolling Thunder Mine in Nicholas County, W. Va., on November 8, 2025. A section foreman, Steven Lipscomb, 42, died after a sudden inflow of water while helping his crew evacuate; all other miners in the area escaped safely. Alpha said it mobilized resources and led multi-day rescue and recovery efforts with local, state and federal agencies and dive teams. The company expressed condolences to the family and said it is cooperating with federal and state authorities on a thorough investigation into the incident and its causes.

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Positive

  • All other miners in the affected area evacuated safely on Nov 8, 2025
  • Alpha mobilized resources and led multi-day rescue and recovery efforts

Negative

  • Fatality of a section foreman (Steven Lipscomb) following flooding on Nov 8, 2025
  • Multi-day rescue and recovery effort required due to sudden inflow of water
  • Company investigation underway with federal and state authorities

News Market Reaction

-6.17%
1 alert
-6.17% News Effect
-$134M Valuation Impact
$2.04B Market Cap
0.7x Rel. Volume

On the day this news was published, AMR declined 6.17%, reflecting a notable negative market reaction. This price movement removed approximately $134M from the company's valuation, bringing the market cap to $2.04B at that time.

Data tracked by StockTitan Argus on the day of publication.

BRISTOL, Tenn., Nov. 13, 2025 /PRNewswire/ -- Alpha Metallurgical Resources confirms that a section foreman at Rolling Thunder Mine in Nicholas County, W. Va., lost his life following a flooding incident that occurred on Saturday, November 8.

During routine operations, a crew in the underground mine encountered a sudden and substantial inflow of water. Tragically, Steven Lipscomb, 42, of Elkview, W. Va., was unable to reach safety. He was last seen attempting to ensure his crew made it out safely. All other miners in the area were able to safely evacuate the mine.

"Our hearts are broken," said Andy Eidson, Alpha's chief executive officer. "Steve joined our company in 2006 and was a dedicated employee, respected leader and friend to many. His actions to ensure the safety of his crew members were heroic. On behalf of the entire organization, we extend our prayers and deepest sympathies to his wife, two children and all who knew and cared for him."

Immediately upon learning of the incident, Alpha officials responded, mobilizing all available resources and leading around-the-clock rescue efforts which were supported by numerous local, state and federal agency officials as well as emergency response dive teams.

"We want to express our heartfelt gratitude to the mine rescue teams, agency officials, and all who worked tirelessly under extreme conditions throughout the multi-day rescue and recovery effort," Eidson continued. "We are deeply saddened by the outcome, but thankful for the courage, professionalism and perseverance of these responders."

The company is working closely with federal and state authorities to conduct a thorough investigation into the accident and its underlying causes.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources (NYSE: AMR) is a Tennessee-based mining company with operations across Virginia and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Alpha reliably supplies metallurgical products to the steel industry. For more information, visit www.AlphaMetResources.com

INVESTOR & MEDIA CONTACT: EMILY O'QUINN
InvestorRelations@AlphaMetResources.com
CorporateCommunications@AlphaMetResources.com
(423) 573-0369

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/alpha-confirms-fatality-following-flooding-incident-at-rolling-thunder-mine-302614584.html

SOURCE Alpha Metallurgical Resources, Inc.

FAQ

What happened at Rolling Thunder Mine (AMR) on November 8, 2025?

A sudden and substantial inflow of water occurred underground; a section foreman, Steven Lipscomb, died while helping his crew evacuate and other miners escaped safely.

Has Alpha Metallurgical Resources (AMR) confirmed the fatality at Rolling Thunder Mine?

Yes. Alpha confirmed the death of a section foreman following the flooding incident on November 8, 2025.

Are other miners safe after the Rolling Thunder Mine flooding involving AMR?

According to Alpha, all other miners in the area were able to safely evacuate the mine.

What response actions did Alpha (AMR) take after the Rolling Thunder Mine incident?

Alpha mobilized all available resources and led around-the-clock rescue and recovery efforts supported by local, state and federal agencies and dive teams.

Is there an investigation into the Rolling Thunder Mine flooding reported by AMR?

Yes. The company said it is working closely with federal and state authorities to conduct a thorough investigation into the accident and its causes.
Alpha Metallurgical Resources Inc

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