(MENAFN) Missouri-based miner Patriot Coal Corp's quarterly loss widened on a decline in thermal coal sales in the US, Reuters reported.
The company said that its first quarter loss grew USD75.3 million from USD15.9 million a year earlier, while revenue fell 13 percent to USD502.6 million.
The company expects full-year sales of 25 million tons to 27 million tons, lower than the 31.1 million tons it sold last year.
It added that it may ship between six and seven million tons of thermal coal overseas in 2012. Patriot shipped 3.8 million tons of thermal coal last year.
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