# Coal revival sparks Canadian energy divide

> Hancock Prospecting's coal project faces environmental pushback in Alberta.
- Title: Coal revival sparks Canadian energy divide · Financialpost
- Summary: 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…
- Keywords: northback holdings corp, grassy mountain, alberta, coal mining, hancock prospecting, gina rinehart, canada, energy, steel production, asian markets, money, business
- Source: Financialpost — https://financialpost.com/commodities/energy/coals-revival-creating-divisions-canada-energy-heartland
- Read time: 1 min
- Topics: northback holdings corp, grassy mountain, alberta, coal mining, hancock prospecting, gina rinehart, canada, energy, steel production, asian markets, money, business
## 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.
## Key takeaway

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.