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Feb 27, 2019· Optimum coal may have hit the skids at this point, but it was still a jewel in the mining crown. This is because Optimum Holdings owns a % stake in the Richards Bay Coal Terminal which services the majority of coal exports and is a honeypot.
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The backdrop to the removal of the money is that the state was already underfunded for coal mine reclamation. A spreadsheet ODNR maintains to calculate reclamation liabilities shows the state would need nearly 613 million to cover outstanding reclamation costs.
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President Trump''s Fiscal Year 2019 budget request cuts funding for programs and grants that aid the Appalachian regions that have been hit hardest by the failing coal industry. ... What Trump''s 2019 Budget Means for Millions Living Near Abandoned Coal Mines. ... Mining Control and Reclamation Act of 1977 is the primary federal law that ...
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Coal mining and support activities play a relatively insignificant role in the Illinois economy, representing only % of private industry economic activity in However, the industry does pay taxes that contribute to the state budget and provides or supports wellpaying jobs for thousands of Illinois residents. Despite these