More than half of India's thermal power plants, which source most of their coal from Coal India, only had enough stock to last for less than a week, which could bode well for the thermal coal market.
Patriot Coal was not immediately available for comment. According to court filings, the Patriot subsidiary operated the mine and in return Alcoa Inc reimbursed some mine worker benefits.
While the United States is closing coal mines, India is opening a coal mine a month in order to double production by 2020. Its goal is to produce billion metric tons of coal by 2020, exceeding coal production, and becoming the second largest coal producer in the world, after China.
20190308· Patriot Coal Company, LP is engaged in coal mining. The company is based in Henderson, Kentucky. Patriot Coal Company, LP operates as a subsidiary of Patriot Coal Corporation. Patriot Coal Company ...
Glassdoor has 16 Patriot Coal reviews submitted anonymously by Patriot Coal employees. Read employee reviews and ratings on Glassdoor to decide if Patriot Coal is right for you. Read employee reviews and ratings on Glassdoor to decide if Patriot Coal is right for you.
Bankrupt Patriot Coal Corp said it had reached a new labor deal with its miners' union, avoiding more drastic cutbacks the company was authorized to impose earlier this year.... | August 13, 2013
Patriot Coal Corporation could fill the Christmas stockings of bad little children for years to come. With 14 mining complexes located in Appalachia and the Illinois Basin, Patriot Coal mines coal used for electricity generation (about threequarters of its production) and steel ...
20150513· Patriot Coal said its negotiations with a strategic buyer for the sale of substantially all of the company’s assets were in a “highly advanced stage,” according to court filings.
Patriot Coal has filed for bankruptcy for the second time in two years, and may be one of the first in an incoming wave of bankruptcies in the hardhit sector
Patriot Coal Corp. on Thursday won confirmation of its chapter 11 debt repayment plan, clearing the way for the company to hand over its mines to new owners in an effort to preserve the business amid widespread distress in the coal industry.
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McFeely: In ND coal country, bankruptcy threatens retiree health care benefits. And Beulah, Westmoreland's North Dakota lignite coal mine is located about 75 miles northwest of Bismarck.
20130129· Patriot Coal Corp wants to limit its obligation to pay retiree health benefits to thousands of mine workers and their families as part of its plan to survive Chapter 11 bankruptcy, according ...
Patriot is now situated to take advantage of rising market prices, as 80% of metallurgical production for 2008 is unpriced and 71% of the domestic coal fired plant capacity resides within Patriot ...