⛏️Upcoming Coal Lease Sale in Alabama by Bureau of Land Management
Leases for Sale, ALES-055797 Lease-by-Application and ALES-056519 Lease-by-Application, Tuscaloosa County, Alabama
Summary
Notice is hereby given that Federal coal resources in lands in Tuscaloosa County, Alabama, will be offered for competitive lease by sealed bid in accordance with the provisions of the Mineral Leasing Act of 1920, as amended. The lease sale will cover tracts described in two Lease-by-Applications, and separate bids must be submitted for Lease- by-Application (LBA) ALES-055797 and/or ALES-056519 coal resources.
Agencies
- Interior Department
- Land Management Bureau
Business Impact
$$$ - High
The notice details a coal lease sale impacting business owners in the mining sector. It outlines compliance with federal regulations, competitive bidding procedures, financial responsibilities including upfront bids and annual rentals, and market dynamics relating to coal resources, making it highly relevant for executives in the energy sector.