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Glencore Submits Reply to Teck, Proposes Modifications to Offer Cash for Its Coal Business
April 12, 2023
Glencore has submitted a reply to the letter from the board of directors of Teck Resources dated April 3, in which it responds to certain of Teck’s stated concerns regarding the proposed merger demerger and proposes certain modifications to the
Teck Confirms Receipt of Revised Unsolicited Acquisition Proposal from Glencore
April 12, 2023
Teck Resources Limited confirmed that it has received a revised, unsolicited, non-binding proposal from Glencore, which would see that company acquire Teck. Glencore’s revised proposal appears to be largely unchanged, with the exception of a cash consideration alternative in lieu
Alabama Sen. Katie Britt Presses for Answers on Delay for Warrior Met Coal Mining Application
April 12, 2023
Alabama U.S. Sen. Katie Britt pressed Secretary of the Interior Deb Haaland last week on a stalled application for Warrior Met Coal in Tuscaloosa County, accusing the Biden Administration of a “bureaucratic stonewall.” During a Senate subcommittee hearing, Britt asked
Long-Term Outlook for Wyoming’s Largest Utility Creates Concern Over Grid Reliability, Rates
April 12, 2023
PacifiCorp recently released its latest Integrated Resource Plan (IRP). The document spells out where Wyoming’s largest utility plans to get its energy from for the next two decades. The company plans to increase wind and solar resources, as well as
Mountain West Power Companies Speed Up Retirement Plans for Coal Plants
April 12, 2023
The structural decline of the U.S. coal industry is accelerating, with big implications for the Mountain West. Last week, one of the West’s largest utilities announced plans to stop operating most of its coal-fired units in Wyoming by 2030. PacifiCorp,
Newmont Submits Final Bid of $19.5 Billion to Acquire Newcrest
April 11, 2023
Newmont laid down a best and final offer for Australia’s Newcrest Mining on Tuesday at A$29.4 billion ($19.5 billion) to close a deal that would extend Newmont’s lead as the world’s biggest gold producer. If successful, the deal would lift
Southwest Alaska Tribes Sue to Stop Donlin Gold Project
April 11, 2023
Three Alaska Native tribes have sued to block what they say would be one of the largest gold mines in the world, arguing that federal agencies failed to properly analyze health and environmental concerns for the project in southwest Alaska.
Biden Hands Environmentalists Major Victory in Fight Against Mining, Oil Drilling
April 11, 2023
The Biden administration is moving to lock up vast swaths of federal lands eligible for energy development in an effort to combat climate change and reduce carbon emissions. The Bureau of Land Management (BLM) — which oversees 245 million acres
Biden Admin is Funding Overseas Lithium Projects While Shutting Down American Mines
April 11, 2023
American taxpayers are funding critical mineral projects abroad while their government blocks new mines at home. According to new documents from the Department of the Interior made public by the Freedom of Information Act, the Biden administration is actively funding
EPA Proposes to Strengthen Mercury and Air Toxics Standards for Coal-fired Power Plants
April 11, 2023
The U.S. Environmental Protection Agency (EPA) proposed to strengthen and update the Mercury and Air Toxics Standards (MATS) for coal-fired power plants, achieving important hazardous air pollutant emissions reductions and ensuring standards reflect the latest advancements in pollution control technologies.
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