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Vulcan Minerals to Acquire Vale’s Coal Assets in Mozambique for $270 Million
January 4, 2022
Vulcan Minerals, a subsidiary of India-based Jindal Group, has agreed to acquire Moatize coal mine in Mozambique and the Nacala logistics corridor from Vale in a deal valued up to $270 million. Under the deal, Vale will receive $80 million
Rio Tinto to Acquire Rincon Mining Lithium Project in Argentina for $825 Million
January 4, 2022
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The acquisition demonstrates Rio
Dominic Barton to Succeed Simon Thompson as Chair at Rio Tinto
January 4, 2022
The board of Rio Tinto has selected Dominic Barton to succeed Simon Thompson as the company’s new chair. Dominic will join the board April 4, 2022 and be appointed to the role of chair at the conclusion of the Rio
Wyoming Gov. Mark Gordon Signs Order to Temporarily Avoid Shutdown of Jim Bridger Power Plant Unit
January 3, 2022
Time’s up for unit 2 of the Jim Bridger Power Plant. After state and federal officials failed to establish updated pollution control standards for the unit ahead of its Dec. 31 compliance deadline, Gov. Mark Gordon signed a temporary emergency
Minnesota Appeals Court Says Group Can Sue Over Mining Rules for Copper Mine
January 3, 2022
A Minnesota appellate court affirmed Monday that a wilderness advocacy has standing to challenge state rules restricting copper mining sites. The ruling means that Northeastern Minnesotans for Wilderness’ efforts to block a proposed copper mine near the Boundary Waters Canoe
Cartwright Highlights Funding for Abandoned Mine Land Reclamation for Pennsylvania
January 3, 2022
U.S. Rep. Matt Cartwright Wednesday said Pennsylvania has more unreclaimed abandoned mine land acreage than any other state in the country and represents 40.7 percent of the country’s reclamation costs. Cartwright, D-Moosic, said funding from the Bipartisan Infrastructure Investment and
Explosion in Curtis Bay CSX Coal Silo Shakes Baltimore, No Injuries Reported, Maryland
January 3, 2022
An explosion at a CSX facility in South Baltimore Thursday morning sent police and fire department officials scrambling to Curtis Bay and shook residents in neighborhoods across the city. Firefighters were called to 1910 Benhill Ave. in Curtis Bay where
The Orient Mine Explosion Led the Way for Federal Coal Mine Safety Act of 1952
January 3, 2022
Eric Wiegand, a historian, has a collection of memorabilia about the Orient No. 2 Mine explosion. He said the disaster led to legislation that was life-saving for years to come. Orient Mine No. 2 was designed and built from the
American Resources Receives Preliminary Approval of $45M Bond for Rare Earth Processing Facility
December 21, 2021
American Resources Corporation said the West Virginia Economic Development Authority (WVEDA) preliminarily approved the issuance of, and a volume cap allocation for $45,000,000 of private activity, solid waste disposal facility revenue Bonds, series 2022 for the company’s Wyoming County Coal
Minnesota Regulators Reaffirm Air Permit for Polymet’s NorthMet Mine
December 21, 2021
State regulators who three years ago issued an air quality permit for a proposed copper-nickel mine in northwestern Minnesota stood by their decision in a report released Monday that said the mine did not provide misleading information on its plans.
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