Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Donate/Portal
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

New coal mine in Alabama receives $26M in tax abatements

Alabama Public Radio | By Associated Press
Published February 20, 2020 at 12:05 PM CST
coal in transport bins
Arnoldius
/
Wikimedia Commons
New federal government targets for reducing carbon emissions in individual states could impact Alabama's coal-fired plants.

TUSCALOOSA, Ala. (AP) — A new coal mine is planned in west Alabama after a county approved more than $26 million in tax breaks for the project.

The Tuscaloosa County Industrial Development Authority provided the abatements for Warrior Met Coal Inc. The company is planning a $500 million project that will create about 350 jobs in the area. Work is supposed to begin on March 1, with production set to start in early 2025.

The authority says average starting salaries for miners will be around $85,000 annually. The company will get about $18 million in tax breaks during construction and another $8.5 million in abatements over a decade.
Tags
News Coal mineTuscaloosa County Industrial Development AuthorityWarrior Met Coal Inc.
Associated Press
The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.
See stories by Associated Press
News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.
Donate