Patriot Coal Corp.
| OTC Markets: PATCA
Patriot Coal Corporation engages in the mining, preparation, and sale of thermal and metallurgical coal with coal reserves in the Appalachia and the Illinois Basin coal regions in the eastern U. S. It operates through two reportable operating segments: Appalachia and Illinois Basin. The Appalachia segment is engaged in mining and preparation of thermal coal, sold primarily to electricity generators and metallurgical coal, sold to steel and coke producers. The Illinois Basin segment is engaged mining and preparation of thermal coal, sold primarily to electricity generators. Its principal business is the mining and preparation of thermal coal, also known as steam coal, for sale primarily to electricity generators and metallurgical coal, for sale to steel mills and independent coke producers. The company's operations consist of fourteen active mining complexes, which include company-operated mines, contractor-operated mines and coal preparation facilities. Its operations and coal reserves are located in Appalachia and the Illinois Basin. Patriot Coal was founded on October 31, 2007 and is headquartered in St. Louis, MO.