Protesters Chain Themselves Together Inside Arch Coal
CREVE COEUR, MO (KTVI) – Several protesters have chained themselves together inside the Arch Coal building in Creve Coeur.
Authorities say seven protesters upset with the way Arch Coal does business chained themselves to a 500-pound potted tree on the third floor of the business. They are from two groups: Missourians Organizing for Reform and Empowerment (MORE) and Mountain Justice.
The St. Louis County Tactical Unit was called in to cut the chain the protesters are linked to. The protestors say their main complaint against Arch Coal and another coal company is strip mining in West Virginia.
Arch Coal employs about 6,500 people across the country.
Arch Coal released this statement Tuesday afternoon:
We respect their right to protest peacefully on public property.
Coal creates affordable, coal-fueled energy around the world and thousands of jobs here in the U.S. Arch is committed to providing responsible energy that powers the working world and meets the stringent environmental standards of U.S. regulators.
Regarding our relationship to Patriot: In December 2005, Arch Coal completed the sale of three of its Central Appalachian subsidiaries, along with the associated mining operations and reserves, to Magnum Coal Company. This sale included two mines with UMWA-representation and two that were not affiliated with a union. At the time of the transaction, Magnum was owned by ArcLight Capital Partners, LLC. Magnum operated as an independent producer until July 23, 2008, when Patriot Coal Corporation purchased Magnum for a reported $695 million. Arch Coal had no involvement whatsoever in either ArcLight Capital’s decision to sell Magnum to Patriot or in Patriot’s decision to purchase Magnum. The transaction with Magnum was executed in good faith, at a time when coal market conditions were very different than they are today.
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