BLM to hold federal coal lease sale at Falkirk Mine
After a public meeting was held in July, the Bureau of Land Management office will host a sale of federal coal from Falkirk Mine.
The sealed-bid sale will be held at 10 a.m. MST Sept. 10 at the BLM Montana State Office, located at 5001 Southgate Dr. in Billings, Montana.
According to a press release issued Aug. 7 from BLM Montana/Dakotas Media Coordinator Brittany Jones, the minimum bid will begin at $100 per acre.
“The lease will go to the qualifying bidder offering the highest bid that meets or exceeds fair market value,” Jones said in the release.
The sale offers access to an estimated 11.3 million tons of federal coal at Falkirk Mine, located Underwood.
“The proposed lease would support mine operations through 2045, reinforcing America’s energy security and supporting local jobs,” the released stated.