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President Ben Shelly signs legislation clearing the way for Navajo Transitional Energy Company to buy Navajo Mine located on the Navajo Nation. Shelly said the future economic stability of the Navajo Nation hinged on its passage. Photo/Rick Abasta

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Navajo energy company buys coal mine

Navajo Transitional Energy Company, LLC buys Navajo Mine, will supply coal to Four Corners Power Plant through 2031

On Dec. 30, the Navajo Transitional Energy Company, LLC (NTEC) bought the Navajo Mine, located on the Navajo Nation, from BHP Billiton Limited. NTEC will supply coal to the Four Corners Power Plant through 2031.