From Financialpost · · 40s
Coal revival sparks Canadian energy divide
Hancock Prospecting's coal project faces environmental pushback in Alberta.
In brief
Hancock Prospecting's coal project faces environmental pushback in Alberta. Northback Holdings Corp. plans to reopen a 6,700-foot-high Alberta coal mine for export to Asian steelmakers, sparking local economic and environmental tensions. Originally reported by Financialpost.
Grassy Mountain coal reserves
Seams of coal baked into mountainside at 6,700 feet above sea level.
Economic revival attempt
Northback Holdings Corp. aims to reopen former mine after 60-year closure.
Project revisions
Hancock plans to scale back production to 2.5 million metric tons annually.
Environmental concerns
Local water ecosystem faces risks from mining operations.
What to remember
Northback Holdings Corp. plans to reopen a 6,700-foot-high Alberta coal mine for export to Asian steelmakers, sparking local economic and environmental tensions.
