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Show Andalex Settles On Coal Leases Senator Bob Bennett (R-Utah) today praised the completion of a settlement between the Department of the Interior and Utah's Andalex Corp., a local coal mining company com-pany with leases in the Grand Staircase-Escalante National Monument. Monu-ment. "I'm pleased that through this settlement agreement Andalex will be made whole," said Bennett. "This Utah-based company is an outstanding corporate citizen, giving giv-ing good jobs to many of our citizens and contributing to our local tax base. I look forward to working with Secretary Bruce Babbitt to help him find funds within the interior Dept. budget to make good on this agreement." Per the new agreement, Andalex will receive $14 million in exchange for its 17 federal coal leases within the monument. |