Chickaloon lease offered for coal development.
| Author | Pounds, Nancy |
| Position | Inside Alaska Business |
The Alaska Mental Health Trust Authority offered 11,487 acres for lease near Chickaloon for coal exploration and development. Applications are due Dec. 16, and a successful applicant will be chosen Dec. 30. The Mental Health Trust Land Office, a division of the Department of Natural Resources, is managing the lease offering. The division is responsible for managing nearly 1 million acres in the Alaska Mental Health Trust. State officials believe the tract contains high-quality bituminous coal. Rental payments...
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