What do you bet they open up on some foreign country that allows them to operate under their current technology? That would mean the world is no cleaner but the EPA would have forced nearly 300 jobs overseas. The EPA is, in my estimation, the biggest job killing and economy busting organization in the world.
FULL STORY => http://af.reuters.com/article/commoditiesNews/idAFL2E8HT76620120629
FULL STORY => http://af.reuters.com/article/commoditiesNews/idAFL2E8HT76620120629
Doe Run to shut Herculaneum lead plant at 2013 end
Fri Jun 29, 2012 3:13pm GMT*Print | Single Page [-] Text [+]
NEW YORK, June 29 (Reuters) - The only primary lead smelter in the United States will close, and its owner, Doe Run Co said o n F riday, and the company will not build another plant to replace the one it is closing at Herculaneum, Missouri.
The company, which the U.S. government had ordered to either shut the smelter or install cleaner technology, said the electro winning technology developed to process lead at Herculaneum did not make financial sense for that site.
"Doe Run has decided not to build its proposed, lead electro winning plant to process its Missouri mineral resources. We concluded that building a plant here would generate an unacceptable financial risk to the company," Jerry Pyatt, vice president and chief operating officer, said in a press release.
. . .
Fri Jun 29, 2012 3:13pm GMT*Print | Single Page [-] Text [+]
NEW YORK, June 29 (Reuters) - The only primary lead smelter in the United States will close, and its owner, Doe Run Co said o n F riday, and the company will not build another plant to replace the one it is closing at Herculaneum, Missouri.
The company, which the U.S. government had ordered to either shut the smelter or install cleaner technology, said the electro winning technology developed to process lead at Herculaneum did not make financial sense for that site.
"Doe Run has decided not to build its proposed, lead electro winning plant to process its Missouri mineral resources. We concluded that building a plant here would generate an unacceptable financial risk to the company," Jerry Pyatt, vice president and chief operating officer, said in a press release.
. . .