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AK Steel to pour US$60 million to develop new coal mines

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It’s reported that AK Steel planned to pour US$60 million to develop new coal mines in southwestern Pennsylvania during 2013 and 2015 through a company that it acquired in October

Mr. Alan McCoy, the spokesman of AK Steel said that the company has been developing a mining plan after acquiring Solar Fuel Inc. of Friedens, Somerset County.

Also, he indicated that a company under AK Coal Resources will approach the Pennsylvania Department of Environmental Protection to seek for the mining permits, which is expected to take around 18 months.
News Date 07 Dec 2011 14:19:09 reported by Kate Hsieh

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