Thank everyone. Good morning, you, Brian.
the COVID-XX crushing true coal. demand natural the is unforeseen respect are have and of the That all result economic been mentioned, unprecedented conditions for coronavirus, world actions deadly as fundamentally took commerce to consequences industry, for as As combat to the leaders global oil, year, with of this especially as all energy a Brian and the you gas altered aware, [ph] pandemic.
In today's into actions to resulting COVID-XX release, than have in destruction the decisive energy we to in you normal outbreak press taken and for depth went United the demand more the understand response we States. the help
communities critical to Specifically, safety, we support employee sheet ensure which health took customer meet we generation and and to steps operate, essential balance safeguard requirements all protecting infrastructure supplier power our an while the continue we liquidity. as our in that enhancing and to
to has wellbeing centered areas. our customers take protecting the and of trying needs planning on in outline these of to circumstances, our like in our employees, detail a the more of response these moment sheet. I'd In our balance each
mine resumed our Mettiki we four-day on production at Basin -- March of requirements Eastern of began mining a assess XXth, inventories our in working operations our reliably partially were growing Tunnel closely and underground View week, and met was our existing and complex the at on the anticipated in Ridge been customers prudent have Basin continued To River at schedules. temporarily Illinois for MC Mining customers, became It meet do to as service production inventories mining our period week production depleted. at to time This complexes. with schedule we a our a thereafter. customer this the As could Kentucky operations, Illinois clear, shipping and to inventories, operations coal closely complex beginning our needs idle from we shortly thing
when to operations will work at necessary. We resume those monitor the will and remain idled continue customers production closely at and with inventories mines that
always has the first one Safety and long and our priority employees highest at Alliance. health been the of number is focus, wellbeing
to develop their including clinics at various and each health access while and families at decision from medical had Alliance, operations each risk underground medical designed continued temporarily to already to continuing our locations. employees onsite for miners. reduce Our the home to started of and receive our furloughed to implement increase Prior mining for protocols benefits of full halt operations at staff protection to furloughs, allowed to shelter
adapt of spaces, safeguards also and combined surface about transport, and systems to areas, distancing, at We operations, access improve work Mettiki, throughout mines. in communication for of of unnecessary we wellness elevators, continuing With many and done at sanitizers and facilities, Tunnel our implementing enhanced work distributed working screenings, CDC the more shifts provided underground measures these mine implemented as production offices PPP limited part disinfection mine equipment. have and by light recommendations. Among nation cleaning pandemic, in those touch-points, our in Corporate all taken to Ridge continue -- PPE staggered locations. this learned their precautions promote to we the and our
a the also hand communities Alliance employees While doing and their looked families opportunities to other for we lend we protect to clearly where ways. the has team operate, can in benefits the all
providers using to As and these extremely example, need. this has produce face to times. Group an to I'm Design entire grateful these of are technology subsidiary them have my Matrix resilience, sacrifices been Alliance flexibility, healthcare time printing during shields of Their in uncertain ARLP’s appreciation. efforts delivering XD and for heartfelt the and inspiring, and organization each dedication, initiative tireless their shields
enhance to ARLP’s viewed this always and competitive our a advantage advantage, liquidity. and have have taken we We balance protect action strong sheet is
credit optimizing As this extending In earlier, a cash we on successfully Brian facility mentioned flow. are our was revolving laser-focused amending step. and environment, key
and assets. initiatives viability safety diligently $XXX savings expense the these million. operations in budgets ARLP’s that requirements. reduce without and worked this of savings Our cost jeopardizing have result The year organization G&A to long-term capital working will anticipate identified entire currently reduce We or capital cash has approximately the will of
the decision these liquidity Board's the addition, further upcoming uncertain help In suspend will distributions preserve and this for quarter quarter to us times. during
that ensure require sufficient months we be with maintains made recognize from in difficult. decisions several likely actions strength. the choices, compliance necessary stays we've financial hard covenants And these emerges and to the next environment but with All current liquidity, will ARLP the
and so with conditions dealt our and ARLP market has are record successfully we economic one track of no through navigating has challenges, do today, confident of While us ability a facing again. previous to are that
great plan we the improve, leverage unitholders. our opportunities long-term for and ready to times are will advantage that that conditions assets our on to to there be goal take follow of creating growth We are and with confident people, strength meaningful, when better the of great have a We horizon.
initial production XXXX a are approximately and there recently contracted targeting ARLP recovery is originally tons announced both now sales respectively, for XX% visibility has XX% and would operating and we commitments sales XXXX. the or million to guidance, this to coal and withdrawn provided ARLP until better of its into of its Accordingly, existing guided. Notwithstanding, XX the production reduce year million this year. coal match lower than speed XX financial economic it degree earlier post-lockdown, closing, In
prices, commodity contribution the January lower below [ph] this our minerals and expect guidance, lessees meaningfully segment throttling also our due production. be We from the to back will year anticipated
we balance gas oil U.S. look reach are this that swift, beyond we of hopeful and and supply reopening and sooner will for a year, healthy natural As the be will economy later. than coal, demand
As year I believe past recovery. results on new mentioned this morning, we for partnership. the as in get our provide growth press the should for next be future our to quarter, road foundation release this will a our
For flow, the cash and has consistent strategy the success distributions. growth and to years, for Alliance's XX been growth and past deliver create sustainable
We are to pursue this continuing committed to strategy.
importantly, committed to achieving are it. we More
the prepared our And call operator’s the open assistance, will concludes comments. to questions. now your we This with
