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Mineweb reported that on Monday, the US Environmental Protection Agency (EPA) fined Molycorp Inc. (NYSE:MCP) US$27,300 for not properly managing hazardous waste at its California-based Mountain Pass facility.
Mineweb reported that on Monday, the US Environmental Protection Agency (EPA) fined Molycorp Inc. (NYSE:MCP) US$27,300 for not properly managing hazardous waste at its California-based Mountain Pass facility.
The fine has been a long time coming — Molycorp’s violations were discovered during an unannounced October 2012 EPA inspection.
As quoted in the market news:
EPA testing at Mountain Pass determined that leaked or spilled lead-iron filter cake had impacted on-site stormwater, with the potential to contaminate soil along the edge of the holding area. A majority of the impacted stormwater was treated prior to legal disposal into on-site surface impoundments, the agency noted.
EPA investigators also found several containers holding lead filter cake were improperly close or labeled. ‘Subsequent to the inspections, Molycorp discontinued the operation which generated the lead-iron filter cake,’ said the agency.