December 26, 2018 / 4:22 PM / 5 months ago

Bankrupt Westmoreland to unload reclamation liabilities with sales

Bankrupt coal producer Westmoreland Coal Co on Friday sought an order approving a $1 million sale of one of its mines and giving its buyer the option of acquiring 15 others in a push to shed reclamation obligations.

Westmoreland, the sixth-largest coal producer in North America, in a filing in U.S. Bankruptcy Court in Houston said it wants to sell its Buckingham Mine in Perry County, Ohio, to CCU Coal and Construction LLC.

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