Published by Jody Dodgson,
Editorial Assistant
World Coal,
The Department of the Interior have announced that the Bureau of Land Management coal lease sale in Tuscaloosa County, Alabama, generated over US$46 million in revenue and will give access to 53 million t of metallurgical coal on 14 050 acres of federal mineral estate.
Metallurgical coal is a critical fuel source in America’s steelmaking industry.
The new leases are expected to generate significant revenues through federal royalties, rents and Alabama state severance taxes.
By law, royalties from the leases will be shared equally between the State of Alabama and the U.S. Treasury.
The high bidder on both leases in today’s sale is Warrior Met Coal Mining, LLC, with a submitted total bid in the amount of US$46,816,000.
The lease sale advances the Trump administration’s priorities under Executive Order 14154, Unleashing American Energy, which directs federal agencies to remove regulatory barriers and encourage responsible energy development on public lands. It also fulfils key provisions of the One Big Beautiful Bill Act, which established regular coal lease sales, reduced royalty rates, and streamlined leasing reviews to revitalise American energy production.
Read the article online at: https://www.worldcoal.com/coal/03102025/interior-coal-lease-sale-in-alabama-generates-over-us46-million/
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