1. Declining demand for coal: As the world shifts towards cleaner energy sources, there is a decreasing demand for coal, which is the primary product of Arch Resources. This can negatively impact the company's revenue and profitability compared to its peers.

2. Environmental concerns: Coal mining is associated with significant environmental concerns, including air and water pollution, deforestation, and greenhouse gas emissions. Arch Resources may face stricter regulations and higher compliance costs, which can put it at a disadvantage compared to peers operating in cleaner energy sectors.

3. Volatile commodity prices: The price of coal is subject to significant volatility due to factors such as global economic conditions, political developments, and changes in energy policies. This can lead to unpredictable revenue and profit fluctuations for Arch Resources, making it less stable compared to peers in more stable industries.

4. High capital expenditure requirements: Coal mining requires substantial upfront investments in equipment, infrastructure, and land acquisition. Arch Resources may face higher capital expenditure requirements compared to peers in other industries, limiting its ability to invest in diversification or expansion into alternative energy sources.

5. Dependence on a single product: Arch Resources heavily relies on coal as its primary product. This lack of diversification can make the company more vulnerable to market fluctuations and changes in energy policies compared to peers with a broader range of products or services.

6. Labor-intensive operations: Coal mining is a labor-intensive industry, requiring a significant workforce. Arch Resources may face challenges related to labor disputes, rising labor costs, and difficulties in attracting and retaining skilled workers. This can impact the company's operational efficiency and competitiveness compared to peers in less labor-intensive industries.