In the news today…
- Mining.com reports Northern Dynasty Minerals is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week.
- E&E Daily reports the House approved dozens of amendments to its $740.5 billion fiscal 2021 National Defense Authorization Act, including an amendment on rare earth minerals.
- Forbes reports the Biden climate plan needs to do more on its ‘just transition’ stance for the fossil fuel industry and on securing critical minerals supply chains.
- S&P Global reports U.S. coal exports declined in the first five months of 2020, and the downturn is expected to last through the year.
- Vail Daily reports Colorado’s newest coal plant may not be operating as long as intended.
- S&P Global reports East Kentucky Power Cooperative bought 220,000 st of Northern Appalachian barge coal from Alliance Resource Partners and its subsidiaries for a six-month delivery period.
- E&E News PM, Argus and Politico Pro report a coalition of states renewed their push to stop the Trump administration from selling coal from public lands after a previous effort to halt the lease sales was dismissed by a federal judge.
- Argus reports the US Department of Energy (DOE) has selected seven advanced coal-fired generation projects to receive $37mn in government funding and has revised a call for applications to award another $81mn in research and development efforts.
- S&P Global reports US thermal coal production and demand began to increase in June, providing optimism over long-term relief for coal producers.
- The Indianapolis Star reports coal companies received loans to combat the pandemic while clean energy companies did not.
- E&E Energywire reports coal-fired power plants in the western United States are projected to consume twice as much water through 2040 as Colorado consumes annually, threatening the generators’ ability to operate.
- Mining.com reports from Bloomberg that global coal assets are plummeting in the face of climate concerns.