© 2026 WEKU
Lexington's Choice for NPR
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
WEKU's Spring Drive starts Friday. Support WEKU by increasing your monthly contribution or becoming a first-time donor and joining the 1850 campaign. Great news! Just 245 new supporters to go on the 1850 campaign. Click here to make your donation!

Pike County coal operator files for bankruptcy, owes state millions

Stock photo of U.S. Currency
pixabay.com
Stock photo of U.S. Currency

A Pike County coal operator has filed for Chapter 11 bankruptcy protection.

Clintwood JOD LLC, which operates mines in eastern Kentucky and southwest Virginia, filed for bankruptcy in the U.S. District Court for the Eastern District of Kentucky last week.

According to court filings, Clintwood owes the Kentucky State Treasury more than $3.3 million in severance taxes.

The company owes more than $1.2 million combined in property and mineral taxes to Pike County and Grundy County, Virginia.

It also owes regional electric utility Kentucky Power more than $1 million.

All are among Clintwood’s largest unsecured creditors, meaning it owes money to those parties without collateral.

Unsecured creditors generally rank lower in priority for repayment in bankruptcy proceedings.

According to its website, Clintwood has access to reserves of 56 million tons of high-quality metallurgical, or steelmaking coal.

It has 12 permitted underground and eight permitted surface mines, as well as two preparation plants.

The metallurgical coal market has contracted in the past year, in part due to overseas competition and U.S. trade policies that have made domestic suppliers less favorable.

Southern West Virginia has seen hundreds of coal workers laid off in the past 12 months.

According to the Kentucky Energy and Environment Cabinet, coal mines employed 3,600 workers statewide in the last three months of 2025, an all-time low.

State data show the state shed 400 coal mining jobs throughout 2025.

Curtis Tate is a reporter at WEKU. He spent four years at West Virginia Public Broadcasting and before that, 18 years as a reporter and copy editor for Gannett, Dow Jones and McClatchy. He has covered energy and the environment, transportation, travel, Congress and state government. He has won awards from the National Press Foundation and the New Jersey Press Association. Curtis is a Kentucky native and a graduate of the University of Kentucky.
WEKU depends on support from those who view and listen to our content. There's no paywall here. Please support WEKU with your donation.
Related Content