Magnesium Producers Agree To Pay $33M For Utah Site Cleanup

(July 16, 2019, 1:02 PM EDT) -- NEW YORK — The trustee of two bankrupt magnesium production companies and the current owner of a magnesium production facility in Rowley, Utah, on July 15 agreed to pay a combined $33 million to the federal government and the U.S. Department of Interior’s Bureau of Land Management (BLM) for remediation, according to a filing in federal bankruptcy court in New York (In re:  Magnesium Corporation of America, et al., No. 01-14312, S.D. N.Y. Bky.)....