FARMINGTON, NM (AP) – A Navajo Nation company is operating a owned coal mine in northwest New Mexico.
Navajo Transitional Energy Co. has owned the Navajo Mine since 2013 but had a contract with a subsidiary of North American Coal Corp. to operate it.
Clark Moseley, the company’s chief executive officer, said the company would take over Navajo on Friday.
The mine, which feeds the adjacent Four Corners power station, has nearly 400 employees – 85% of whom are Native Americans. Moseley said the Navajo Transitional Energy Co. will keep the workforce.
The company is one of the largest coal producers in the United States as the resource is increasingly falling out of favor. The company owns three coal mines in Montana and Wyoming and an interest in the Four Corners power plant near Farmington, New Mexico.
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