Foreign ownership of U.S. coal mines

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This article is part of the CoalSwarm coverage of coal exports
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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. [1].

Trinity Coal

Coal India shops for U.S. mines

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."[2]

Resources

References

  1. "Ukraine oligarch buy US coal group" Financial Times, May 1, 2009
  2. Scot W. Anderson, "Western Coal Transactions Require Special Attention," DGS Coal Practice Group Newsletter, March 2002

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