"HUNTINGTON, W.Va. -- Patriot Coal has agreed to phase out mountaintop removal and other forms of strip mining, in a move Patriot officials say is in the best interests of their company, its employees and the communities where it operates."
"In a deal with citizen groups and environmentalists, Patriot said it would never seek new permits for large-scale surface mining operations, according to details of the settlement that were made public in federal court Thursday afternoon.
St. Louis-based Patriot can continue some existing and smaller mining projects, but must also implement a cap on surface production and eventually stop all strip mining when existing coal leases expire.
Ben Hatfield, president and CEO of Patriot, said the plan should help his company emerge from bankruptcy, focus on underground mining, and curb mountaintop removal's effects on coalfield communities."
Ken Ward Jr. reports for the Charleston Gazette November 15, 2012.
SEE ALSO:
"CEO Ben Hatfield: Ending Mountaintop Removal 'Is Consistent With Patriot Coal'S Business Plan’" (Coal Tattoo)
"Strip Mining Phase-Out Deal Leave Some Speechless" (Coal Tattoo)
"Huge News: Patriot Coal To End Mountaintop Removal" (Coal Tattoo)
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