04
Jun
01:00
Patriot Coal signs letter of intent to sell majority of assets to Blackhawk
US met coal producer Patriot Coal has filed a letter of intent for the proposed sale of a substantial majority of its operating assets to Blackhawk Mining. Certain Patriot assets are not included in the proposed transaction and will be subject to a separate sales process, Kallanish notes.
The company says its mining operations and shipments to customers will continue as normal during the sale process.
The sale would be completed under Patriot’s …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous