⚒️Draft Environmental Assessment for Navajo Energy Coal Lease Modifications
Draft Environmental Assessment, Public Hearing, and Request for Comment on Maximum Economic Recovery and Fair Market Value for the Navajo Transitional Energy Company Proposed Federal Coal Lease Modification for MTM 110693 and Lease-By-Application and Mining Plan for MTM 105485-01, Big Horn County, MT
Summary
The Bureau of Land Management (BLM) and the Office of Surface Mining Reclamation and Enforcement (OSMRE) announce that a draft environmental assessment (EA) is available. The draft EA analyzes the Navajo Transitional Energy Company's Federal coal lease modification application (LMA), serial number MTM 110693, and lease-by-application (LBA) and mining plan, MTM 105485-01, for Spring Creek Mine. The BLM also announces that a public hearing will be held to receive comments on the Fair Market Value (FMV), Maximum Economic Recovery (MER), and on factors that may affect the FMV and MER determinations of the coal resources contained in the proposed LBA lease tracts. The BLM and OSMRE take these actions in compliance with the National Environmental Policy Act of 1969, as amended; the Mineral Leasing Act, as amended; and the Federal Land Policy and Management Act of 1976, as amended.
Agencies
- Interior Department
- Land Management Bureau
Business Impact
$$$ - High
The text addresses a draft environmental assessment and public hearing regarding coal lease modifications that could directly affect the Navajo Transitional Energy Company and related businesses. The public comments solicited on fair market value and economic recovery could influence business strategies, financial evaluations, and investment decisions in the region.