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Kentucky’s Largest Energy Companies Join Electric Highway Coalition
October 18, 2021
Add Kentucky to the growing list of states with utilities stepping up to help support electric vehicle drivers. The commonwealth’s two largest energy companies, Louisville Gas and Electric Company and Kentucky Utilities Company recently joined the Electric Highway Coalition. The
South32 to Acquire Stake in Sumitomo’s Sierra Gorda Copper Mine for $2 Billion, Chile
October 15, 2021
Australian mining company South32 has signed an agreement with Sumitomo to buy a 45 percent stake in the Sierra Gorda Copper Mine in Chile for $2.05 billion. The transaction amount include an upfront cash payment of $1.55 billion and a
Cleveland-Cliffs and Lourenco Goncalves Awarded Top Honors at Platts 2021 Global Metals Ceremony
October 15, 2021
Cleveland-Cliffs took top honors in three categories at the Annual S&P Global Platts Global Metals Award ceremony in London, England on October 14. Lourenco Goncalves was awarded CEO/Chairperson of the Year. Cleveland-Cliffs was named Metals Company of the Year and
Bowman Consulting Group Expands into Louisville, Kentucky With Acquisition of BTM Engineering
October 15, 2021
Bowman Consulting Group has acquired assets of BTM Engineering, a diversified professional services firm based in Louisville, Kentucky. Established in 1980, BTM offers a variety of services including civil and structural engineering, planning, land survey and 3-D scanning, landscape architecture,
Westwater Approves Construction of Phase I of Coosa Graphite Project, Alabama
October 14, 2021
Westwater Resources’ board of directors approved expenditures of $202 million to execute the construction plan for Phase I of the Coosa Graphite Project located in Kellyton, Alabama. Construction activities are expected to begin before the end of 2021. In addition,
CONSOL Energy Advances Its Direct Operating Greenhouse Gas Emission Reduction Targets
October 14, 2021
CONSOL Energy has advanced its Forward Progress sustainability initiative with the announcement of targets to reduce its direct operating greenhouse gas emissions. The company has set an interim goal to reduce its direct operating greenhouse gas emissions (referred to as
Australian Drilling Services Company DDH1 to Acquire Swick Mining Services in $85 Million Deal
October 14, 2021
Australian drilling services company DDH1 has agreed to acquire Swick Mining Services in an all-stock deal worth A$115 million ($84.9 million). Swick offers underground mineral drilling, mineral analysis services, and underground mobile drilling equipment. Under the terms of the agreement,
Wolfden Resources Pulls Application for Pickett Mountain Project for Amendments, Maine
October 14, 2021
An Ontario-based company on Wednesday withdrew its application for zoning changes necessary for a large-scale mining operation in northern Maine, but the company’s CEO suggested the application would be resubmitted at a later date. The announcement by Wolfden Resources on
W.Va. PSC Approves Continued Operation of Three Coal-fired Power Plants
October 14, 2021
The Public Service Commission has approved Appalachian Power Company and Wheeling Power Company’s request to keep the Amos, Mountaineer, and Mitchell plants operational until at least 2040. Today’s order will not immediately affect the power bills of West Virginia customers.
Cleveland-Cliffs to Acquire Ferrous Processing and Trading Company for $775 Million
October 13, 2021
Cleveland-Cliffs has entered into a definitive agreement to acquire Ferrous Processing and Trading Company (FTP), including certain related entities (FPT), for a total enterprise value of approximately $775 million, on a cash-free, debt-free basis and subject to customary adjustment. Based
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