Patriot Coal Settles Lawsuit

Industrial Metals

Platts reported that Patriot Coal (NYSE:PCX) settled its dispute with environmental groups for $7.5 million.

Platts reported that Patriot Coal (NYSE:PCX) settled its dispute with environmental groups for $7.5 million.

As quoted in the market news:

The company said in a Wednesday announcement after the close of markets that it entered into a consent decree with the Ohio Valley Environmental Coalition, the West Virginia Highlands Conservancy and the Sierra Club to resolve claims under the US Clean Water Act relating to Patriot’s mining activities in West Virginia.

Click here to read the full Platts report.

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