Environmental Protection Agency Completes Enhanced Review of Hobet 45 Permit
January 05 2010 - 2:59PM
PR Newswire (US)
ST. LOUIS, Jan. 5 /PRNewswire-FirstCall/ -- Patriot Coal
Corporation (NYSE:PCX) today announced its understanding that the
U.S. Environmental Protection Agency has advised the U.S. Army
Corps of Engineers that its concerns regarding the Hobet 45 permit
have been addressed. The Corps of Engineers is now in a position to
finalize its evaluation process. "We are encouraged that, through a
constructive process of engagement and discussion, we have reached
agreement with EPA on a mine plan that minimizes impact to the
environment," said Patriot Chief Executive Officer Richard M.
Whiting. "In light of the importance of the Hobet 45 permit to our
operations and our employees, we are hopeful that we can begin work
in the permit area in the very near future." The Hobet surface mine
is part of the Company's Corridor G mining complex in southern West
Virginia. At full production capability, the complex produces
nearly four million tons of thermal coal annually. About Patriot
Coal Patriot Coal Corporation is a leading producer and marketer of
coal in the eastern United States, with 14 current mining complexes
in Appalachia and the Illinois Basin. The Company ships to domestic
and international electric utilities, industrial users and
metallurgical coal customers, and controls approximately 1.8
billion tons of proven and probable coal reserves. The Company's
common stock trades on the New York Stock Exchange under the symbol
PCX. DATASOURCE: Patriot Coal Corporation CONTACT: Janine Orf of
Patriot Coal Corporation, +1-314-275-3680, Web Site:
http://www.patriotcoal.com/
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