* Decree extends deadline for compliance with selenium
effluent limitations * Co to pay a $50,000 penalty
March 24 Patriot Coal Corp PCX.N said it
agreed to pay a $50,000 penalty to settle claims under the
Clean Water Act relating to its Apogee and Hobet mining
complexes in West Virginia.
The consent decree with Ohio Valley Environmental Coalition
Inc and West Virginia Highlands Conservancy Inc extends the
deadline for compliance with selenium effluent limitations at
outfalls to April 5, 2010 from June 30, 2009.
The company also agreed to implement a $350,000 pilot
project that uses reverse osmosis technology to evaluate its
feasibility for use in selenium treatment in coal mines.
Last month, the company agreed to pay $6.5 million to
settle claims that it violated its permits more than 1,400
times, between January 2003 and December 2007, at its mining
complexes in West Virginia. [ID:nBNG391861]
Shares of the company, which have fallen as much as 95
percent from a 52-week high they touched in June, closed at
$4.15 Monday on the New York Stock Exchange.
(Reporting by Adveith Nair in Bangalore; Editing by Anne