Coal Age

JAN-FEB 2017

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January-February 2017 19 news continued This patented design incorporates slots at opposing 45 degree angles providing increased drain rates per square foot over straight slots. The orientation of the slots combined with the vibrating motion of the polyurethane agitates the mixture making it less likely for particles to be driven into the apertures as with straight slots. In field tests, the VST has proven to greatly reduce pegging and blinding problems often associated with fine sizing. Call us at 1-864-579-4594 or visit to find the Polydeck Regional Manager in your area. Available in .65mm, .85mm, and 1mm apertures. Learn more at Beauty, he helped negotiate the sale of company's remaining 18% stake to St. Louis-based Peabody in April 2003 for about $90 mil- lion. Black Beauty then was producing around 24 million tons of coal annually from 10 mines in Indiana and Illinois. Chancellor's current coal holdings will not turn out near- ly as much coal in 2017. In early 2016, he acquired Vigo Coal Co. of Evansville, operator of two surface mines — Liberty and Friendsville — at the time. For years, Vigo served as a contract miner for giant U.S. aluminum producer Alcoa, which owned the high-sulfur reserves in Warrick County and Wabash County, Illinois. Friendsville had been idled by Vigo, but White Stallion Energy reopened the mine in the fall after securing a coal supply contract with Duke Energy Indiana's 3,145-megawatt Gibson Generating Station baseload coal plant near Princeton in Gibson County. As Chancellor noted, Friendsville is located only six miles across the Wabash River from Gibson, one of the largest power plants in the U.S. According to Chancellor, the mine could pro- duce as much as 1.5 million tons in 2017 and has enough reserves to maintain that output for the next 15 years. Liberty, meanwhile, produced more than 823,000 tons in the first three quarters of 2016, federal Mine Safety and Health Ad- ministration records show. It was on track to meet or exceed its 2015 output of 1.1 million tons. Although Chancellor was reluctant to discuss his hopes and dreams for White Stallion Energy, he suggested they may be far greater than just Friendsville and Liberty. Bill is Introduced to Streamline Permits for Mining On January 13, Sen. Dean Heller (R-Nev.) and Rep. Mark Amodei (R-Nev.) introduced companion minerals permitting legislation, the National Strategic and Critical Mineral Production Act (S. 145/H.R. 520), which they hope will more efficiently develop do- mestic sources of minerals in the country. "In Nevada, permitting delays stand in the way of good-pay- ing jobs and revenue for local, often rural, communities," said Rep. Amodei. "Our bill would simply bring transparency to the permitting process without changing any environmental regula- tions, protections or opportunity for public input. This legislation has already passed five times in the House over the past three legislative sessions. However, identical legis- lation has never been introduced in the Senate, until now. "This legislation improves the burdensome permitting pro- cess, increasing American mineral security while creating blue collar mining and manufacturing jobs," said Sen. Heller. According to the National Mining Association, the act will require the Department of the Interior and the Department of Agriculture to more efficiently develop domestic sources of metals, minerals and mineral materials by providing efficient, timely and thorough permit reviews; incorporating best practices for coordination among state and federal agencies; clarifying responsibilities and avoiding duplica- tion; setting binding timeframes of 30 months for the review process to issue permits unless parties agree to an extension; and requiring the Bureau of Land Management and the U.S. Forest Service to com- plete the review process of permit notices within 45 days.

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