COMPANY BIDS LESS THAN A PENNY PER TON IN BIGGEST US COAL SALE IN OVER A DECADE
https://s.yimg.com/ny/api/res/1.2/Hbd4571UzstJRx2O4EniMA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTU-/https://media.zenfs.com/en/ap_finance_articles_694/60bf7e0d77ddf80c8ee1978c79e3c632
✍️ A Navajo tribe-owned company bid $186,000 to lease 167 million tons of coal on federal lands in Montana, the biggest US coal sale in over a decade.
👉 The Navajo Transitional Energy Co. (NTEC) bid $186,000 to lease 167 million tons of coal on federal lands in Montana. 👉 The bid equates to one-tenth of a penny per ton, underscoring coal's diminished value. 👉 The sale is part of a larger effort by the Trump administration to promote coal mining and burning. 👉 The lease is in the Powder River Basin, the most productive coal fields in the nation.
-- #DonaldTrump #JoeBiden #JamesStock #BarackObama #Montana #Wyoming #Billings #Decker #Asia #politics
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