Arco To Pay $10.2M For Superfund Mine Cleanup

Law360, New York (April 23, 2009, 12:00 AM EDT) -- BP PLC subsidiary Atlantic Richfield Co. has agreed to pay $10.2 million dollars to partially clean up a Superfund site at a disused copper mine in Nevada, the U.S. Environmental Protection Agency said.

The agreement, announced Wednesday, will see about $2.2 million of the settlement go to cover the agency's response and oversight work to address the Superfund site. Arco operated the now abandoned mine between 1977 and 1982 after buying its previous owner, Anaconda Minerals.

“With this agreement Arco will address the most critical contamination...
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