Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

US approves expansion of Montana coal mine

Coal News - Published on Fri, 29 Dec 2017

Image Source: townnews.com
Penn Energy quoted Mr Ryan Zinke Interior Secretary as saying that US officials have approved a 60-million ton expansion of a southeastern Montana coal mine that serves one of the largest power plants in the western United States. Ms Heather Swift Zinke spokeswoman said that approval will extend the life of Westmoreland Coal Company's Rosebud Mine by 19 years and adds 10.5 square miles (27 square km) to the 40-square-mile (104-square km) strip mine.

The move comes as Westmoreland has seen its stock price plummet over the past year, prompting speculation the Englewood, Colorado-based company could be headed for bankruptcy.

Chief Executive Officer Mr Kevin Paprzycki stepped down last month shortly after Westmoreland reported a USD 107 million loss through the first three quarters of 2017.

A Westmoreland representative did not immediately respond to a voice mail message seeking comment.

The Rosebud mine serves the 2,100-megawatt Colstrip power plant. The plant, located in the town of Colstrip, is a major employer in eastern Montana.

It plans to close two of its four electricity generating units by 2022, which means less coal would be needed from Rosebud.

The mine opened in 1968 and produced 8.8 million tons of coal in 2016. It employs about 330 people.

Environmentalists who have been seeking to close down the Colstrip plant opposed the expansion. They said burning the coal that would be mined would contribute to climate change.

A state district Judge last year ordered Montana environmental regulators to reconsider the mine's water discharge permit. The judge said state officials erred in reclassifying surrounding waterways so that they were subject to less-stringent pollution standards.

Source :

Posted By : Nanda Koijam on Fri, 29 Dec 2017
Related News from Coal segment