Happy Tuesday!
Did anyone see
AP Afternoon Wire Newsletter on October 14, 2025, they had an article titled,
“US rejects bid to buy 167 million tons of coal on public lands for less than a
penny per ton”? In the article, it speaks
on how the U.S. Department of Interior (DOI) didn’t accept a bid from Navajo
Transitional Energy Co. (NTEC) in the latest round of coal lease sales. NTEC bid for 167 million tons of coal for
$186,000 from public lands in Montana. The
DOI said the proposal hadn’t met the conditions spelled out in the Mineral
Leasing Act thus rejected the proposal.
The DOI placed a coal lease sale in central Wyoming on hold due to the
poor performance of the Montana sale.
The poor performance is due to most power plants which use coal are
being phased out over the next ten years, thus coal use will continue to
decline. The coal sale prior to this
brought in $1.10 a ton while this one brought in not even a penny a ton; is the
beginning of the end? We will see how
this plays out over the next few years now this Administration has embraced
Clean Coal. We will try and keep you informed on anything we
hear regarding the coal industry and its revival. If you would like to read more of the Associated
Press’ article, please click the link: US rejects bid to buy 167 million tons of coal for less than a penny per ton | APNews.
How may we
help you reduce your emissions to help protect the communities which surround
your facility? Contact us via email in
the Blog and check our website for contact information!
We hope you have a wonderful evening and a great week!
**Disclaimer: You may be charged a fee to read the Associated
Press’ article. **