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ACI » Topics » Our operations may impact the environment or cause exposure to hazardous substances, and our properties may have environmental contamination, which could result in material liabilities to us.This excerpt taken from the ACI 10-K filed Mar 1, 2010. Our
operations may impact the environment or cause exposure to
hazardous substances, and our properties may have environmental
contamination, which could result in material liabilities to
us.
Our operations currently use hazardous materials and generate
limited quantities of hazardous wastes from time to time. We
could become subject to claims for toxic torts, natural resource
damages and other damages as
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well as for the investigation and clean up of soil, surface
water, groundwater, and other media. Such claims may arise, for
example, out of conditions at sites that we currently own or
operate, as well as at sites that we previously owned or
operated, or may acquire. Our liability for such claims may be
joint and several, so that we may be held responsible for more
than our share of the contamination or other damages, or even
for the entire share.
We maintain extensive coal refuse areas and slurry impoundments
at a number of our mining complexes. Such areas and impoundments
are subject to extensive regulation. Slurry impoundments have
been known to fail, releasing large volumes of coal slurry into
the surrounding environment. Structural failure of an
impoundment can result in extensive damage to the environment
and natural resources, such as bodies of water that the coal
slurry reaches, as well as liability for related personal
injuries and property damages, and injuries to wildlife. Some of
our impoundments overlie mined out areas, which can pose a
heightened risk of failure and of damages arising out of
failure. If one of our impoundments were to fail, we could be
subject to substantial claims for the resulting environmental
contamination and associated liability, as well as for fines and
penalties.
Drainage flowing from or caused by mining activities can be
acidic with elevated levels of dissolved metals, a condition
referred to as “acid mine drainage,” which we refer to
as AMD. The treating of AMD can be costly. Although we do not
currently face material costs associated with AMD, it is
possible that we could incur significant costs in the future.
These and other similar unforeseen impacts that our operations
may have on the environment, as well as exposures to hazardous
substances or wastes associated with our operations, could
result in costs and liabilities that could materially and
adversely affect us.
These excerpts taken from the ACI 10-K filed Feb 27, 2009. Our
operations may impact the environment or cause exposure to
hazardous substances, and our properties may have environmental
contamination, which could result in material liabilities to
us.
Our operations currently use hazardous materials and generate
limited quantities of hazardous wastes from time to time. We
could become subject to claims for toxic torts, natural resource
damages and other damages as well as for the investigation and
clean up of soil, surface water, groundwater, and other media.
Such claims may arise, for example, out of conditions at sites
that we currently own or operate, as well as at sites that we
previously owned or operated, or may acquire. Our liability for
such claims may be joint and several, so that we may be held
responsible for more than our share of the contamination or
other damages, or even for the entire share.
We maintain extensive coal refuse areas and slurry impoundments
at a number of our mining complexes. Such areas and impoundments
are subject to extensive regulation. Slurry impoundments have
been known to fail, releasing large volumes of coal slurry into
the surrounding environment. Structural failure of an
impoundment can result in extensive damage to the environment
and natural resources, such as bodies of water that the coal
slurry reaches, as well as liability for related personal
injuries and property damages, and injuries to wildlife.
Table of Contents
Some of our impoundments overlie mined out areas, which can pose
a heightened risk of failure and of damages arising out of
failure. If one of our impoundments were to fail, we could be
subject to substantial claims for the resulting environmental
contamination and associated liability, as well as for fines and
penalties.
Drainage flowing from or caused by mining activities can be
acidic with elevated levels of dissolved metals, a condition
referred to as “acid mine drainage,” which we refer to
as AMD. The treating of AMD can be costly. Although we do not
currently face material costs associated with AMD, it is
possible that we could incur significant costs in the future.
These and other similar unforeseen impacts that our operations
may have on the environment, as well as exposures to hazardous
substances or wastes associated with our operations, could
result in costs and liabilities that could materially and
adversely affect us.
Our operations may impact the environment or cause exposure to hazardous substances, and our properties may have environmental contamination, which could result in material liabilities to us. Our operations currently use hazardous materials and generate limited quantities of hazardous wastes from time to time. We could become subject to claims for toxic torts, natural resource damages and other damages as well as for the investigation and clean up of soil, surface water, groundwater, and other media. Such claims may arise, for example, out of conditions at sites that we currently own or operate, as well as at sites that we previously owned or operated, or may acquire. Our liability for such claims may be joint and several, so that we may be held responsible for more than our share of the contamination or other damages, or even for the entire share. We maintain extensive coal refuse areas and slurry impoundments at a number of our mining complexes. Such areas and impoundments are subject to extensive regulation. Slurry impoundments have been known to fail, releasing large volumes of coal slurry into the surrounding environment. Structural failure of an impoundment can result in extensive damage to the environment and natural resources, such as bodies of water that the coal slurry reaches, as well as liability for related personal injuries and property damages, and injuries to wildlife.
Table of ContentsSome of our impoundments overlie mined out areas, which can pose a heightened risk of failure and of damages arising out of failure. If one of our impoundments were to fail, we could be subject to substantial claims for the resulting environmental contamination and associated liability, as well as for fines and penalties. Drainage flowing from or caused by mining activities can be acidic with elevated levels of dissolved metals, a condition referred to as “acid mine drainage,” which we refer to as AMD. The treating of AMD can be costly. Although we do not currently face material costs associated with AMD, it is possible that we could incur significant costs in the future. These and other similar unforeseen impacts that our operations may have on the environment, as well as exposures to hazardous substances or wastes associated with our operations, could result in costs and liabilities that could materially and adversely affect us. This excerpt taken from the ACI 10-K filed Mar 1, 2007. Our operations may impact
the environment or cause exposure to hazardous substances, and
our properties may have environmental contamination, which could
result in material liabilities to us. |
Our operations currently use hazardous materials and generate
limited quantities of hazardous wastes from time to time. We
could become subject to claims for toxic torts, natural resource
damages and other damages as well as for the investigation and
clean up of soil, surface water, groundwater, and other media.
Such claims may arise, for example, out of conditions at sites
that we currently own or operate, as well as at sites that we
previously owned or operated, or may acquire. Our liability for
such claims may be joint and several, so that we may be held
responsible for more than our share of the contamination or
other damages, or even for the entire share.
We maintain extensive coal refuse areas and slurry impoundments
at a number of our mining complexes. Such areas and impoundments
are subject to extensive regulation. Slurry impoundments have
been known to fail, releasing large volumes of coal slurry into
the surrounding environment. Structural failure of an
impoundment can result in extensive damage to the environment
and natural resources, such as bodies of water that the coal
slurry reaches, as well as liability for related personal
injuries and property damages, and injuries to wildlife. Some of
our impoundments overlie mined out areas, which can pose a
heightened risk of failure and of damages arising out of
failure. If one of our impoundments were to fail, we could be
subject to substantial claims for the resulting environmental
contamination and associated liability, as well as for fines and
penalties.
Drainage flowing from or caused by mining activities can be
acidic with elevated levels of dissolved metals, a condition
referred to as “acid mine drainage,” which we refer to
as AMD. The treating of AMD can be costly. Although we do not
currently face material costs associated with AMD, it is
possible that we could incur significant costs in the future.
These and other similar unforeseen impacts that our operations
may have on the environment, as well as exposures to hazardous
substances or wastes associated with our operations, could
result in costs and liabilities that could materially and
adversely affect us.
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