News
Lt. Gov. Ron Ramsey & the Tennessee Scenic Vistas Protection Act
Wednesday, March 3rd, 2010
The Tennessee Scenic Vistas Protection Act (S. 1406/H.R. 899), would limit the Tennessee Department of Environment and Conservation (TDEC) from approving certain types of surface mining permits based on outlined conditions. The bill was introduced to the Tennessee House of Representatives by Reps. Bill Dunn and Michael Ray, while Sens. Bill Ketron and Doug Jackson introduced it to the Tennessee Senate.
According to the text of the bill, permits would not be issued or renewed if the surface mining operation or its waste, fill, or in-stream treatment takes place within 100 feet of any Tennesseee water system. A permit that would improve the quality of a body of water previously impacted by mining practices would, however, be eligible for issuance or renewal.
Another provision of the bill would prohobit permits that would certify surface mining at and above 2,000 feet elevation from sea level if it would disturb a ridgeline. The expection to this rule would be if the permit required some surface mining in order to conduct underground mining, if approved by TDEC.
Lt. Gov. Ron Ramsey shares his thoughts on mountaintop removal and the Tennessee Scenic Vistas Protection Act:
March 3rd, 2010 at 10:56 pm
Can you really trust Ron Ramsey as a possible Tennessee Governor to protect mountain ranges and water resources within the Tennessee public lands from strip and/or underground mining operations…? Well, the answer is “NO” – Ron Ramsey would sell us all out for another dime added to either his political campaign or political action committee treasury!
Tennesseans all across the Volunteer State need to ask why coal mining headquarters and sales centers (e.g. Metinvest d.b.a. United Coal Company) are just recently locating into Ramsey’s Sullivan County (which to my knowledge does not have any working coal mines) or related coal industry businesses (e.g. New Tech Mining) are hiring in Blountville for a non-union work force to work in West Virginia underground coal mines.
Metinvest is a giant Ukrainian coal and steel corporation that is buying up U.S. based coal reserves with the intent of extracting these American coal deposits at the lowest cost possible and then EXPORTING this Appalachian coal to Metinvest industires based in Eastern Europe.
March 3rd, 2010 at 10:58 pm
Based in the Millionaire Lt. Governor Ron Ramsey’s hometown of Blountville:
NEW TECH MINING RESOURCES, INC
http://www.newtechmining.com/
United Coal Company – Metinvest
http://www.unitedcoal.com/metinvest.html
Uinted Coal Company Sales Team
World Sales Headquarters • 110 Sprint Drive • Blountville, Tennessee 37617
http://www.unitedcoal.com/sales.html
March 3rd, 2010 at 11:01 pm
Bill Nye the Science Guy: Climate change deniers are ‘unpatriotic’ | Raw Story
http://rawstory.com/2010/02/bill-nye-climate-change-deniers-unpatriotic/
Frozen water fell from the sky today, therefore thousands of scientists the world over are liars. Just go with it.
That’s the narrative coming from Fox News in their coverage of the heavy snow blanketing the eastern coast of the United States this winter. Thankfully, there’s Bill Nye the Science Guy, ready to explain the complexities of climate science in terms easy enough for even a child to digest.
Nye, however, jacked his assessment of meteorology into the realm of partisanship, scoffing on MSNBC’s The Rachel Maddow Show on Wednesday night that climate change deniers are “unpatriotic” in parroting simple minded, anti-science propaganda.
…
“This thing of denying science, you know, science has done so much to make this country what it is: A technological leader,” [Bill] Nye [the Science Guy] said. “It’s improved the quality of life for so many people, here and around the world. To deny what scientists or scientific evidence is showing, is inappropriate. And as I said earlier … It’s unpatriotic.”
March 3rd, 2010 at 11:09 pm
New [Tennessee] ‘Friends of Coal’ License Plate: A Hand Up or a Handout?
http://blogs.nashvillescene.com/pitw/2010/02/new_friends_of_coal_license_pl.php
By Jeff Woods in Legislature, WoodsMon., Feb. 22 2010 @ 6:53AM
March 3rd, 2010 at 11:14 pm
Eastern Coal Council
News Release #1 September 9, 2009 – ECC Celebrates 31st Annual Conference
http://www.easterncoalcouncil.com/2010-Documents/NEWS-RELEASE-1.pdf
“The EASTERN COAL COUNCIL is a membership organization of industries, businesses, educators, and elected officials who have joined together for the purpose of promoting coal.”
“The Eastern Coal Council’s 31st annual conference and exposition will be held May 24 & 25, 2010. The meeting will be at the Meadowview Convention Center, Kingsport TN. Limited exhibit space is available. Register today for this important meeting.”
Wealthiest man in Europe buys United Coal Co.
http://www.themountaineagle.com/news/2009-05-06/Front_Page/Wealthiest_man_in_Europe_buys_United_Coal_Co.html
March 12th, 2010 at 10:28 am
Save Good Ole Rocky Top – Rocky Top, Tennessee
Save Good Ole Rocky from Ron Ramsey,
Save Good Ole Rocky from Ron Ramsey!
March 12th, 2010 at 10:33 am
BTW: someone should confront Tennessee Lt. Governor Ron Ramsey about his lame ass “Tennesseans flipping on their light switches” pretext: United Coal Company already exports “about half” of UCC extracted coal for use outside of the United States and the Ukrainian giant Metinvest is looking to export Appalachian coal for the production of high grade steel at the Metinvest owned steel mills scattered across Eastern Europe.
March 14th, 2010 at 6:41 am
Elmer-as a resident of Knoxville, Tennessee I think YOU need to be running for governor or at least something. Geez-at least Knoxville city council. You don’t seem like the type of person who would use my tax money to fund personal vacations.
Too bad we are in the modern age where politicians are in it for the power and the prestige, favors, and cash that flow along with that power. And, therefore, the already powerful have the means, ability, and cash to buy their way into office and keep it that way. This America that has evolved is NOT the America that our founding fathers intended to establish.
What I find interesting is that Ron Ramsey probably does the things he does in the “great” name of capitalism. The travesties that people commit in the name of capitalism NEVER cease to amaze me. What is even more interesting is that NOwhere in the U.S. Constitution does it say that our commerce system is supposed to be capitalism. Last time I checked, it was trying to ensure the American Dream for the little guys, a.k.a. people like us.
Rome is burning.
March 14th, 2010 at 6:52 am
I say we get a protest group together to protest outside of the annual Eastern Coal Council meeting this may. Let’s say we are there to remind people to be pushing for green alternatives. Like, oh I don’t know…wind? solar power? hydro-systems? Pick one. It’s not like we really don’t have a choice, which is what they want us to believe.
Let’s go make the powerful nervous. They’ll think it’s the beginning of their end.
March 14th, 2010 at 6:56 am
Or we could just be smart-asses about it and say we are there to make sure that our Appalachian coal doesn’t get exported. They want to talk about keeping the lights on-they didn’t mention that we are keeping the lights on for other countries who have the means and ability to do it for themselves. And wait-isn’t that the mantra for the powerful in this country? God helps the man who helps himself…..
March 16th, 2010 at 5:11 pm
It might be very informative to simply show up at the public owned Meadowview Convention Center in Kingsport (Sullivan County) just to rationally document who all is showing up for the Eastern Coal Conference convention and then drive to the nearby Blountville-Bristol (also in Sulivan County) near the Bristol NASCAR track) where the Ukrainian Metinvest company has just recently in 2009 located its United Coal COmpany Worldwide Sales Office.
March 16th, 2010 at 5:28 pm
The Indian company JSW Steel Ltd. made and later withdrew a 2008 offer to purchase United Coal Company.
April 5th, 2010 at 11:50 pm
Hello, Elmer I need a source for a letter to the editor I’m sending to a Knoxville weekly. I’m refering to the comment on the intention of Metinvest/United Coal to export much of the coal it mines here in appalachia. Thanks for your assistance, Patrick
April 7th, 2010 at 5:54 pm
Never mind I found enough stuff on their web site. Thanks anyway!
May 25th, 2010 at 7:41 am
News and press releases
Metinvest Acquires United Coal Company
http://www.metinvestholding.com/en/press-centre/news/2009/4/108
30 April 2009 // Press centre Metinvest Group
Metinvest Group acquires a 100% stake in United Coal Company (UCC).
Metinvest announces today that it has acquired United Coal Company, LLC, an American producer of metallurgical and steam coal headquartered in Teays Valley, West Virginia (“UCC”). The acquisition has received all necessary approvals in the United States and Europe.
The key rationale for the acquisition of UCC was its significant reserves of high quality metallurgical coal, which will help Metinvest’s coke and chemical facilities produce a better quality feedstock. As a consequence, the Group’s steel works will be provided with a higher quality coke, reducing iron production costs and improving quality characteristics. The Group will thereafter be more competitive in current and prospective sales markets.
Igor Syry, the CEO of METINVEST HOLDING, LLC, commented: “We are extremely pleased with the agreement reached to acquire United Coal Company, and that we will be able to partner with the management team they have assembled. Metinvest is constantly looking for opportunities to improve our effectiveness and enhance the quality of our products. A higher quality of coke is especially critical in today’s environment, when Metinvest is reducing consumption of natural gas as a result of the increase in gas prices. Furthermore, we intend to maintain the existing business model of UCC, working closely with its excellent management team and employees. One of the things that attracted us to UCC was that they had managed to grow production quickly since 2005, and that they had several opportunities for additional expansion in the near term that matched our needs. Metinvest will continue to invest in the company in order to increase production.”
The companies of Metinvest Group have capacity to produce 10.8 million tons per year of crude steel, more than 11 million tons per year of rolled stock and semi finished steel, over 5 million tons per year of metallurgical coke and over 40 million tons per year of iron ore — enough to meet the Group’s internal demand in steelmaking raw materials and to be a key supplier to major steelmaking companies in Europe. The Group comprises 23 industrial companies in mining and steel, many of which are located in Metinvest’s home country of Ukraine. In Western Europe Metinvest has recently acquired Ferriera Valsider and Trametal – Italian re-rolling companies and British carbon steel plate producer Spartan UK.
“We are trying to apply a consistent approach to our strategy, to form an efficient and balanced metallurgical company, which will be a major player in the European and world markets” emphasized Mr. Syry. Having assets in the United States, the world’s most stable supplier, and having access to the world class mining methods employed by UCC with its tremendous record of and dedication to safety is a transformational step for Metinvest. This transaction positions us well for the rebound of world markets.”
“We at United Coal Company are very excited about the transaction”, commented Michael Zervos, CEO and President of UCC. “That Metinvest trusts our management team to continue to run the Company in the manner we have built it means everything to us. We have dedicated ourselves to building a world class producer of metallurgical coal, while keeping an unwavering focus on our core principles of employee safety and respect for the environment. That foundation of our Company will not change. As we built the Company, however, we saw that in order to maximize our growth opportunities, we would have to partner with an integrated steel producer so that our coals would have a sales outlet even in challenging market conditions. We believe that this transaction is a great outcome for all stakeholders in UCC, and we look forward to helping Metinvest achieve its goal of becoming the most efficient global steel producer.”
As both parties are privately held, further details concerning the transaction are unavailable.
Briefing note:
United Coal Company (UCC) is a privately-held coal company with operations in the Central Appalachian basin. UCC was formed in 2004 by private investors, (including James McGlothlin who was one of the founders of the original United Coal Company in the 1970s), and grew through acquisitions of metallurgical coal producers. Since then UCC has grown to be one of the leading producers of metallurgical coal in the United States, ranking (by public company estimates) sixth among U.S. metallurgical coal producers. Production capacities of UCC’s four operating business units total approximately 7 mln. tons. UCC mines metallurgical and steam coal using both underground and surface mining techniques in the states of West Virginia, Virginia, and Kentucky. UCC’s proven coal reserves, as defined by U.S. Securities Exchange Commission standards, as of December 31, 2007 totaled 160 million clean metric tonnes of coal, 82% of which were metallurgical coal (coking coal and coals used for pulverized coal injection (PCI)). UCC estimates that it is one of the five largest metallurgical coal reserve holders in the Central Appalachian region of the United States.
In 2008 UCC extracted 5.1 mln. clean metric tonnes of coal (both metallurgical and steam coal), which represented 17% growth over 2007 production. UCC’s metallurgical coal production accounted for approximately 4% of total U.S. metallurgical coal production in 2008. Revenues totaled more than $500 million in 2008.
UCC’s metallurgical coal customers are primarily steel companies and merchant coke producers in the Northeastern and Midwestern regions of the United States, although nearly half of metallurgical coal volumes were exported, primarily to South America and Europe. UCC’s steam coal customers are large utilities and industrial customers in the Eastern region of the United States.
The principal shareholder of UCC is The United Company, a private holding company with diversified interests including energy holdings.
Metinvest is an international vertically integrated mining and steel group of companies. Production facilities of Metinvest enterprises allow complete satisfaction of internal consumption of raw materials, liquid steel and semi-finished products in the company’s Ukrainian holdings, and allow Metinvest to be a key supplier to European and Asian enterprises. Metinvest Group shareholders are SCM Group (75%) and Smart-Holding Group of Companies (25%).
METINVEST HOLDING, LLC is the managing Company of Metinvest Group.