Patriot Coal expects to lay off more than 1000 workers

Officials are holding the news conference just as reports have surfaced that more than 1,000 local workers in Kanawha County have received layoff warning notices from multiple Patriot Coal mines.

DEP Secretary Randy Huffman says without the deal, Patriot could have walked away from its reclamation obligations and left that work to the state. In court filings, they questioned how the company’s obligations would be fulfilled once a substantial amount of its assets are sold to Blackhawk Mining.

The state DEP reached an agreement with Patriot Coal Tuesday that will set aside more than $50 million for the coal company’s environmental cleanup responsibilities.

Patriot’s reorganization plan has drawn opposition from the federal government; regulators in Kentucky, Ohio, Pennsylvania, and West Virginia; and environmental groups. “Fifty million dollars in additional funds will be devoted to reclaiming Patriot’s former mine sites, and a large portion of Patriot’s existing workforce, both union and nonunion, will continue to be employed in that effort”.

Signed Tuesday, Patriot has approved to salary usd12.six huge number of in income to the condition to persuade the end of space and moisture replacement initiatives related to 153 harvesting is a problem in the exact and south parts of the legal system. That plan will be presented to a U.S. Bankruptcy Judge in Richmond for approval Wednesday.