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Arch Coal lays off 750 workers due to 'unprecedented downturn'

Michael Allan McCrae | June 22, 2012 | 4:45 am Energy Coal 

Arch Coal (NYSE:ACI), the second largest supplier of coal in the USA, is laying off 750 full-time workers at its Appalachia mining operations after owners said that thermal coal demand had reached a 20-year low. The company says it expects...

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