29-10-2019 16:30 via pittsburgh.cbslocal.com

Ohio-Based Coal Mining Company Seeking Bankruptcy Protection

ST. CLAIRSVILLE, Ohio (AP) — A major U.S. coal mining company is seeking bankruptcy protection.
Ohio-based Murray Energy filed for Chapter 11 bankruptcy reorganization Tuesday.
Former CEO Robert Murray said the move was necessary to access liquidity and best position the company for long-term success.
Many coal companies are struggling as communities have switched from the fossil fuel to less-polluting renewable energy or natural gas.
Several other major coal producers have filed for bankr
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