Patriot Coal Announces Closing of Bluegrass Mine Complex
ST. LOUIS, Nov. 1, 2012
ST. LOUIS, Nov. 1, 2012 /PRNewswire/ -– Patriot Coal Corporation (OTC: PCXCQ)
today announced the Bluegrass Mine Complex will be closed by the end of 2012.
The Bluegrass Complex currently employs approximately 89 people and includes
the Patriot Surface Mine, which is expected to produce approximately 1.2
million tons of thermal coal in 2012, and the Grand Eagle Preparation Plant,
both located near Henderson, Kentucky. Reclamation work will continue as the
site is restored to meet regulatory requirements.
About Patriot Coal
Patriot Coal Corporation is a producer and marketer of coal in the eastern
United States, with 12 active mining complexes in Appalachia and the Illinois
Basin. Patriot ships to domestic and international electricity generators,
industrial users and metallurgical coal customers, and controls approximately
1.9 billion tons of proven and probable coal reserves.
Certain statements in this press release are forward-looking as defined in the
Private Securities Litigation Reform Act of 1995. Actual results may differ
materially from the results suggested by these forward-looking statements.
Patriot undertakes no obligation (and expressly disclaims any such obligation)
to publicly update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise. For additional
information concerning factors that could cause actual results to materially
differ from those projected herein, please refer to Patriot's Form 10-K and
Form 10-Q reports.
MEDIA CONTACT: INVESTOR CONTACT:
Michael Freitag/Jonathan Keehner/ Aaron Palash Janine Orf
Joele Frank, Wilkinson Brimmer Katcher (314) 275-3680
(212) 355-4449 email@example.com
SOURCE Patriot Coal Corporation
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