Listed on the New York Stock Exchange: ALE
7/30/2010 4:01PM ET 36.06 -0.46
7/30/2010 4:01PM ET 36.06 -0.46
BNI Coal
ALLETE is the corporate parent of BNI Coal, which owns and operates a lignite mine near Center, N.D. Two electric generating cooperatives, Minnkota Power and Square Butte, which operate the Milton R. Young Generating Station, consume virtually all of the coal produced by BNI Coal under long term agreements.
Visit the BNI Coal website
Visit the BNI Coal website
BNI Coal delivers the lowest-priced lignite in North Dakota. A commitment to efficient, safe mining procedures is a key component to BNI’s success. And with reserves of 600 million tons, BNI has ample capacity to expand production.
Minnesota Power bought the Baukol-Noonan Coal Co. in 1988, changed its name to BNI Coal, and relocated its headquarters to Bismarck, N.D. Today, BNI mines about 4.5 million tons of lignite coal annually, supplying both units of the Young Station. The mining process disturbs and reclaims approximately 210 acres per year.