Patriot Coal Corp., which filed for bankruptcy protection in July, said that it will cut production of steel-making coal by about 85,000 tons per month due to weak demand, Reuters reported on Friday. Patriot, which became the first U.S. coal producer to seek court protection since coal prices began to plummet, sold 1.4 million tons of met coal during January-March, which accounted for 22 percent of total sales. The output cut at three mine complexes in southern West Virginia will affect 250 employee and contractor positions, Patriot said. Patriot, which operates in 14 mine complexes, will cut production at its Kanawha Eagle, Rocklick and Wells mine complexes over 60 days.
