Idle Mines Portend Dark Days for Top US Coal Region
At two of the world’s biggest coal mines, the finances got so bad that their owner couldn’t even get toilet paper on credit.
Warehouse technician Melissa Worden divvied up what remained of the last case, giving four rolls to each mine and two to the mine supply facility where she worked.
Mine owner Blackjewel LLC filed for Chapter 11 bankruptcy protection on July 1. Worden at first figured the accounts would get settled quickly and vendors of everything from copy paper to parts for house-sized dump trucks would soon be back to doing normal business with the mines.
“The consensus was: In 30 days, we’ll look back on this, and we made it through, and we’ll be up and running, and it’s a fresh start,” she said.
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