BILLINGS, Mont. (AP) — A Montana coal mine has closed amid a substantial decline in demand for thermal coal.
Decker Coal in the Powder River Basin stopped mining in January after the owner of the mine filed for bankruptcy late last year, according to court documents found by the Billings Gazette.
The coal firm Lighthouse Resources filed for Chapter 11 bankruptcy in December and cited the dismal coal market.
The company said in court filings that it was no longer economically feasible to operate the surface coal mine.