James River cuts capacity 3M tons as loss triples in ‘12
Mar 11, 2013 | 05:23 PM
| Stacy Irish
Tags
James River Coal,
metallurgical coal,
thermal coal,
natural gas,
earnings results,
capacity curtailments,
Peter Socha,
Stacy Irish
NEW YORK — Metallurgical and thermal coal producer James River Coal Co. has idled or closed 3 million tons of production capacity in response to soft demand, the company said.
The Richmond, Va.-based company has idled five underground mines and reduced production at three surface mines in the central Appalachia region, the company said. ....
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