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A trial date has been set for early 2025 to sort out whether Alberta is liable for billions in compensation due to policy changes for coal development in the province.
An Australian coal company is alleging that Alberta is liable for billions after reversing course on policy tied to coal development in the province.
Atrum Coal Ltd. of Australia and its subsidiary, Elan Coal Ltd. have filed a $3.83-billion claim.
Resources Top 5: These green-tinged graphite, gold and mineral sands explorers are leading the pack Mining share Astron has proposed a demerger to focus on developing large mineral sands projects Atrum recovers some of its heavy losses in 2021 to be up 140% over the week Here are the biggest small cap resources winners in early trade, Friday July 16. (up on no news) If approved, Astron will retain ownership of the ‘Donald’ mineral sands project in Victoria, Australia and the ‘Niafarang’ mineral sands project in Senegal. “The company considers it is involved in a potentially trans...
Coal industry lobbied hard to change Coal Policy; CAC began effort after Alberta election Poll Yes By Herald on March 9, 2021. The Rockies loom large over the streets the communities in the Crowsnest Pass. Herald file photo by Al Beeber Government records and other sources document the Alberta and international coal industry’s intense lobbying attempts to change Alberta’s regulatory system in the months leading into the changeover to the United Conservative Party government and in the year after, which eventually led to the rescindment of the 1976 Coal Policy. According to documents filed...