Foreign ownership of U.S. coal mines

This article is part of the Global Coal Terminals Tracker, a project of Global Energy Monitor.

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United Coal

In May 2009 Ukrainian business group SCM Holdings/Metinvest purchased United Coal for an estimated $1 billion. Metinvest is an international, vertically integrated mining and steel group of companies, comprising 23 industrial companies leading the mining and steel industry of Ukraine and the Commonwealth of Independent States. .

Trinity Coal

• "India steel firm Essar buys Trinity Coal," Coal Age, March 2010

Coal India shops for U.S. mines

• Tom Zeller, Jr., "India shopping for coal mines in Appalachia," New York Times, October 23, 2008

Foreign participation in federal coal leases

According to one legal analysis, partnerships, LLCs, or individuals with foreign ownership may not be able to hold federal coal leases; however, "there are ... some ways to structure around this limitation."

Resources

Related GEM.wiki articles

• Mountaintop removal
• Foreign ownership of U.S. corporations

External resources

• "India steel firm Essar buys Trinity Coal," Coal Age, March 2010
• "Billionaire Hans Mende in midst of coal kerfluffle," The Australian, May 9, 2009
• "Wealthiest man in Europe buys United Coal," The Mountain Eagle, May 9, 2009