Trump plans $700 million in new coal support, White House official says

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-04
Category: us
Source: Mining Weekly
Original source

President Donald Trump is reportedly planning to use Cold War-era national defense powers, specifically the Defense Production Act, to allocate nearly $700 million in support for coal facilities. This initiative aims to upgrade over a dozen coal power plants, build a West Coast coal export terminal, and match corporate funds for new power plants.

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