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flag A Navajo company won a major Montana coal lease with a minimal bid, reflecting declining coal demand despite political support.

flag A Navajo tribe-owned company, Navajo Transitional Energy Co., won a federal coal lease in Montana with a $186,000 bid for 167 million tons of coal—less than a tenth of a penny per ton—marking the largest U.S. coal lease sale in over a decade. flag The bid, the only one received, was for land in the Powder River Basin, a major coal-producing region. flag The coal is near the Spring Creek mine, supplying five power plants set to phase out coal within the next decade. flag Despite President Trump’s push to expand coal and ongoing fossil fuel leasing during a government shutdown, experts say declining demand and the shift to natural gas and renewables make large-scale mining unlikely. flag Another lease sale is planned in Wyoming.

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