The Department of the Interior today announced that the Bureau of Land Management coal lease sale in Tuscaloosa County, Alabama, generated over $46 million in revenue and will give access to 53 million tons of metallurgical coal on 14,050 acres of federal mineral estate.

Metallurgical coal is a critical fuel source in America’s steelmaking industry.

According to the Interior Department, 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 $46,816,000.

“This lease sale is another ex

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