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Blackjewel reports $2.01 million of EBITDA for month ended Aug. 31
By Caroline Salls
Pittsburgh, Nov. 12 – Blackjewel LLC reported $2.01 million in EBITDA for August on $5.17 million in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of West Virginia.
The net loss for the month was $1.6 million.
The company listed $4.6 million in cash as of Aug. 31.
Blackjewel is a Milton, W.Va.-based coal producer. The company filed bankruptcy on July 1 under Chapter 11 case number 19-30289.
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