Ambre Energy North America, which owns a coal mine in Montana and part of a coal mine in Wyoming, said April 13 that it has changed its name to Lighthouse Resources Inc.
The new name is a reflection of the company’s core business strategy, focused on resource management and infrastructure projects. “The name Lighthouse Resources Inc. affirms the company’s fundamental values while looking to the future,” said Everett King, President and Chief Executive Officer of Lighthouse Resources. “We are focused on integrating our natural resource assets, developing export channels in the Pacific Northwest and leveraging our marketing expertise to serve our domestic customers and Asian trade allies.”
Lighthouse Resources owns the Decker surface mine in the Montana end of the Powder River Basin, and part of the Black Butte strip mine in southwest Wyoming. Additionally, Lighthouse Resources is developing controversial port export facilities in the U.S. Pacific Northwest, with a direct route to Asian trade allies. The proposed sites are served by ocean-going vessels and are connected via rail to resource production in the Western U.S.
In late 2014, Ambre Energy North America separated from its Australian parent company, Ambre Energy Ltd., when longtime investor Resource Capital Funds became the majority owner of Ambre Energy North America. The name change to Lighthouse Resources is further confirmation of the commitment to its projects and future of the now privately-held, U.S.-based company. The company is headquartered in Salt Lake City, Utah.