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SOURCE Patriot Coal Corporation
ST. LOUIS, May 12, 2014 /PRNewswire/ -- Patriot Coal Corporation (OTC Pink: PATCA) announced that its Highland Mine complex, located near Henderson, Kentucky, will be idling all coal production effective today due to a structural failure that damaged a portion of the Camp Preparation Plant on May 6. The company anticipates that full production at the Highland mine will be restored by June 30, but limited production may be started earlier when the preparation plant is repaired sufficiently to resume partial coal processing operations. At full operation, the Highland Mine complex has over 500 employees and ships approximately 3.8 million tons of coal annually.
About Patriot Coal
Patriot Coal Corporation is a producer and marketer of coal in the eastern United States, with 10 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 1.8 billion tons of proven and probable coal reserves.
Certain statements in this press release are forward-looking. These statements involve certain risks and uncertainties that may be beyond the Company's control and may cause actual future results to differ materially from current expectations. Factors that could affect the Company's results include, but are not limited to factors detailed from time to time in the Company's reports and other information posted on its website or included in a press release. The Company undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date of this press release or to reflect the occurrence of unanticipated events.
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