Increasing Coal Exports Drive Patriot Coal's Metallurgical Coal Mine Expansion, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 07/27/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- As global coal demand continues to increase, (NYSE:PCX) (St. Louis, Missouri) is continuing construction and preparations to increase production at the company's mines. At a conference call yesterday discussing the company's second fiscal quarter, Patriot President and CEO Richard Whiting spoke about the company's expansion of its metallurgical coal mines, known as the "Met Build-Out" project.
Patriot is expecting to export about 25% of its total coal production this year. The company expects this figure to rise to about 30%, or 10 million tons, in 2012.
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Datum: 27.07.2011 - 10:15 Uhr
Sprache: Deutsch
News-ID 38111
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SUGAR LAND, TX
Kategorie:
Coal
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