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SunCoke Energy, Inc. First Quarter 2012 U.S. Coke Production Increased An Estimated 211 Thousand Tons

SunCoke Energy, Inc. (NYSE: SXC):

  • Total U.S. coke production is estimated to be 1,072 thousand tons in first quarter 2012, an estimated increase of 211 thousand tons over the 861 thousand tons produced in first quarter 2011
  • This increase reflects the successful ramp up of production to full capacity at our new Middletown, Ohio facility and improved operations at our Indiana Harbor facility

SunCoke Energy, Inc. (NYSE: SXC) today reported preliminary first quarter 2012 U.S. coke production of 1,072 thousand tons, an estimated increase of 211 thousand tons, or 25%, versus the same period in 2011. Our total U.S. cokemaking capacity utilization was 100 percent in first quarter 2012 versus 95 percent in first quarter 2011.

The increase in estimated coke production for the quarter was primarily due to the estimated 144 thousand tons of coke produced at our new Middletown, Ohio facility, which began operations in late October 2011. Our Middletown facility has achieved 100 percent capacity utilization ahead of schedule, albeit incurring higher than normal operating expenses in the first quarter due to startup related costs.

U.S. coke production in the first quarter also benefited from improved operations at our Indiana Harbor facility, which produced an estimated 37 thousand more tons of coke in first quarter 2012 versus the same period in 2011.

Preliminary U.S. Coke Production
  First Quarter
In thousands of tons   2012*   2011
Jewell Coke 174   174
Other Domestic Coke   898   687
Total 1,072 861
*Estimated
 

UPCOMING ITEMS

  • The Company tentatively plans to report first quarter 2012 financial results before market open on Tuesday, May 1, 2012, and will host an investor conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on that date. This conference call will be webcast live and archived for replay on www.suncoke.com in the Investor Relations section of the website. Participants can listen in by dialing 1-800-471-6718 (domestic) or 1-630-691-2735 (international) and referencing confirmation 32176866. Please log in or dial in at least 10 minutes prior to the start time to ensure a connection. A replay of the call will be available for seven days by calling 1-888-843-7419 (domestic) or 1-630-652-3042 (international) and referencing confirmation 32176866#.

SUNCOKE ENERGY, INC.

SunCoke Energy, Inc. is the largest independent producer of metallurgical coke in the Americas, with about 50 years of experience supplying coke to the integrated steel industry. Our advanced, heat recovery cokemaking process produces high-quality coke for use in steelmaking, captures waste heat for derivative energy resale and meets or exceeds environmental standards. Our cokemaking facilities are located in Virginia, Indiana, Ohio, Illinois and Vitoria, Brazil, and our coal mining operations, which have more than 114 million tons of proven and probable reserves, are located in Virginia and West Virginia. To learn more about SunCoke Energy, Inc., visit our website at www.suncoke.com.

FORWARD LOOKING STATEMENTS

Some of the statements included in this press release constitute “forward looking statements” (as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended). Such forward-looking statements are based on management’s beliefs and assumptions and on information currently available. You should not put undue reliance on any forward-looking statements. Forward-looking statements include all statements that are not historical facts and may be identified by the use of forward looking terminology such as the words “believe,” “expect,” “plan,” “project,” “intend,” “anticipate,” “estimate,” “predict,” “potential,” “continue,” “may,” “will,” “should” or the negative of these terms or similar expressions. Forward-looking statements involve risks, uncertainties and assumptions.

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