OCR Text |
Show Coal Options Assigned An option to acquire coal leases on 16,000 acres in ' Sevier County, has been assigned to Clinton Oil, t Wichita, by the Alumet partnership, which includes : Earth Sciences Inc., of Golden ' Colorado; National Steel Cor- U poration, Pittsburgh; and southwire Co.,carrollton, Geo- 1 rgia, it was announced this '' week. Alumet spokesmen re-port re-port the agreement provides that Alumet will acquire a 25 percent working interest in the property after Clinton recovers all of its costs. Carleton '. Stowe, Utah Geological & Mineral Survey, notes that the ;' Alumet group has a second coal property near Price which jl it will use to provide energy for ' its planned alunite (aluminum sulfide) mining complex near ' - Milford. I Carbon County has 28 coal mining properties with five - mines currently producing ' over 300,000 tons each on aa ; yearly basis. U.S. Steel Cor- : poration produce in excess of - f ,230,000 tons of coal, yearly. |