New owner cites higher-priced contracts and lower power costs; the bankruptcy case moves toward a confirmation hearing
Energy & Mining
NASA, USGS scientists go rock hounding
Airborne remote sensing helps ground truth public land mineral discovery
Sale of mining assets, railroad and water company closes
Bankruptcy continues with unsecured creditors projected to recover 3.0 to 3.6 cents on the dollar
Trona mining operation set to change hands as bankruptcy sale closing nears
5E Advanced Materials plans to keep most of Searles Valley Minerals workforce
A buyer is named for Trona mining operation
SE Advanced Materials and Searles Valley Minerals both announced the deal
State continues to push against bankruptcy sale
CARB asks for delay while it pursues appeal to try to force future owner to keep $76.3 million environmental debt in Trona
Bankruptcy judge rejects CARB’s objection in Trona bankruptcy
State agency wants a buyer to inherit a $76.3 million environmental liability
CARB asks court to keep environmental debt with Trona facility
State doesn’t want to lose $76.3 million cap-and-invest funds
Bankrupt Trona mining company presses toward August sale
School district and Cerro Coso Community College lose revenue
Trona’s main employer files for bankruptcy
A court-supervised sale is planned for Searles Valley Minerals’ Trona operations, following February layoffs that cut more than half the local workforce