Arch Coal files for bankruptcy in bid to tackle $4.5bn debt mountain

Madeleine Cuff
clock • 2 min read

Second-largest coal miner in the US files for bankruptcy as it embarks on ambitious restructuring programme to eliminate $4.5bn of debt from balance sheet

The US coal industry received another hammer blow today with the announcement America's second-largest coal mining firm, Arch Coal, has filed for bankruptcy. The company said in a statement it has declared...

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Madeleine Cuff
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Madeleine Cuff

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