- Associated Press - Thursday, August 11, 2016

CARLSBAD, N.M. (AP) - Efforts to build a temporary nuclear waste storage facility in New Mexico are moving forward after a Denver-based company relinquished its rights to the land.

The Carlsbad Current-Argus reports (https://bit.ly/2aJlbQC ) that Holtec International and Eddy Lea Energy Alliance are partnering to create storage for spent nuclear fuel rods from power plants across the country.

Intrepid Potash gave up its mineral rights lease to land near Carlsbad, saying it likely won’t be in a position to mine for potassium-containing salts there for several years.

Program Director Ed Mayer says the HI-STORE Consolidated Interim Storage project is expected to cost more than $1 billion and provide about 200 construction and operations jobs.

Holtec will propose the project to the Nuclear Regulatory Commission in March. The approval process takes two to three years.

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Information from: Carlsbad Current-Argus, https://www.currentargus.com/

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