North Dakota’s Freedom Mine lease has been sold to Coteau Properties Company of Beulah, N.D., The deal was announced by the Bureau of Land Management and aligns with several executive orders signed into law by the Current President, Donald Trump. The deal is a lease agreement that awards 7% royalties to be shared evenly between the State of North Dakota and the U.S. Treasury. The current administration has signed several executive orders aimed at reshaping the energy sector while delivering a great return on taxpayer dollars. Which Trump has claimed is needed to prop the nation up to previous levels.
The Trump administration has signed executive orders that have far-reaching effects
The region in Montana has seen a rise in mine operations, thanks in no small part to the new executive orders that the Trump administration has signed into law. Donald Trump has signed more executive orders than any other President in United States history. He has successfully circumvented the efforts of the Democratic Party to achieve his goals without going through the bureaucratic hurdles that previous administrations have been forced to endure.
BLM operates several sites just like this one on behalf of the American taxpayer and is perfectly placed to oversee any operations in the region. They announced the lease agreement recently and claimed that the agreement aligns with the Trump administration’s plans. The result has been that the Freedom Mine will now have new owners while still delivering returns for the US Treasury and, in turn, the people of the United States.
BLM is committed to effectively managing America’s resources
That is what they claim. But to their credit, they have managed to do so without any major scandals or labor disputes. So the hope will be that the Freedom Mine will continue to flourish under new management and deliver more of the same for the American taxpayers. BLM announced that Coteau Properties Company of Beulah will mine 18.3 million tons of available federal coal across 1,070 acres.
The asking price for that lease was $106,292. A drop in the ocean of money that will be made at the Freedom Mine. The real financial return comes in the form of 7% royalties that will be shared between North Dakota and the U.S. Treasury. Which could turn out to be more money than previously thought, as the site continues to expand.
“Through this sale, the BLM is delivering on its commitment to responsibly manage America’s energy resources. By cutting red tape and opening access to coal reserves, we’re supporting domestic energy production, local jobs, and sustainable economic growth.” – BLM Montana/Dakotas State Director Sonya Germann
The deal aligns perfectly with Trump’s Executive Order 14154, “Unleashing American Energy,” which instructs agencies to remove regulatory barriers and encourage energy exploration and production on federal lands. Which has been met with some heavy resistance by Trump’s detractors, of which there are many. The deal will surely please the President as he is looking for anything to talk about that does not have the words, Epstein or list in it.
We could see similar lease agreements in the not-too-distant future
The lease agreement is a great deal for all involved, and could serve as a basis for more deals that aim to take advantage of the administration’s direction. Trump’s favorite word, according to him, is tariff. He has implemented a litany of tariffs on several countries, and we are now seeing the effects of those tariffs. Keeping the tariffs in mind, one can understand the administration’s stance on mining federal land and the financial benefits that come with it. The lease agreement also lines up with the One Big Beautiful Bill Act, aiming to revitalize America’s energy production and reinvigorate domestic coal leasing.