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FirstEnergy Corp. (NYSE:FE) announced it will shut down three coking coal mines in West Virginia due to new environmental regulations.
FirstEnergy Corp. (NYSE:FE) announced it will shut down three coking coal mines in West Virginia due to new environmental regulations.
As quoted in the press release:
It was determined that additional investments to implement MATS and other environmental rules would make these plants even less likely to be dispatched. As a result, the decision was made to retire these West Virginia plants rather than continue operations.
Click here for the FirstEnergy Corp. (NYSE:FE) press release.
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