(The Associated Press circulated the following story on June 3.)
RAPID CITY, S.D. — A Denver-based company that processes Wyoming coal is considering a $250 million plant in Edgemont.
KFx is a publicly traded company that has spent nearly 20 years trying to commercialize a process to remove water, mercury, sulfur dioxide and nitrogen oxide from coal found in Wyoming’s Powder River Basin.
Chief Executive Officer Ted Venners, originally of South Dakota, said the company has made breakthroughs with the process of making K-Fuel and plans to start commercial production.
A K-Fuel plant near Edgemont would process as much as 8 million tons of coal per year and would require a 3-mile siding along Burlington Northern Santa Fe Railway’s main line, loading facilities and a series of coal processing units, Venners said.
KFx is conducting feasibility studies and looking for funding for the Edgemont project. If the project goes forward, it would take about two years to get permits and be built, Venners said.