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Navajo Nation Council passes funding to purchase mine

amineWINDOW ROCK — During a special session Wednesday, the Navajo Nation Council voted to appropriate $4.1 million to the Navajo Transitional Energy Company.

The council voted 17 in favor of the motion, with two members opposed.

NTEC formed earlier in the year to oversee the tribe’s possible acquisition of Navajo Mine from BHP Billiton.

Delegate LoRenzo Bates sponsored the bill and told the council that when NTEC was created, the tribe did not provide any money to cover the company’s operating costs.

Bates said the tribe has the next 30 days to make a decision about signing on the dotted line for ownership of the mine, in addition to signing the mine management and the coal fuel agreements.