In the news today…
- MinnPost reports coal remains the second largest commodity at the Port of Duluth-Superior, but it is steadily declining, and researchers say it could have ripple effects through the local economy.
- The Salt Lake Tribune and Argus report a Utah coal producer is seeking to expand its federal lease holdings by 5,500 acres around an Emery County mine.
- Argus reports Blackhawk Mining has restarted operations.
Paycheck Protection Program:
- The Washington Post reports a handful of publicly traded companies say they aren’t planning to return loans received from a small-business rescue program, despite pressure from the Trump administration to repay the funds.
- Washington Examiner reports carbon capture tax credits — known as the 45Q program — aren’t enough to lower the financial risk for investors and project developers looking to retrofit coal- and natural gas-fired power plants with carbon capture.
- Argus reports nearly 80 congressional Democrats are opposing the ACE rule in court.
- Mining.com reports mining companies will be able to weather the storm of COVID-19, despite setbacks.
- Politico Pro reports the coronavirus crisis may lead to the closing of Europe’s largest coal mine in Poland.