Industrial Metals

Patriot Coal Cuts More Thermal Coal Production

Industrial Metals

Patriot Coal Corporation (NYSE:PCX) announced that slower demand has forced the company to reduce its thermal coal production further.

Patriot Coal Corporation (NYSE:PCX) announced that slower demand has forced the company to reduce its thermal coal production further.

As quoted in the press release:

The Company disclosed the planned idling of the Freedom underground mine and, pursuant to the WARN Act, gave 60-day notice today to affected employees.

Click here for the Patriot Coal Corporation (NYSE:PCX) press release.

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