We have added the following comment to the ASARCO web page.
On June 5, 2009, the bankruptcy court approved the settlement agreement concerning the El Paso Smelter and the Amarillo Smelter Sites. On November 13, 2009, the United States District Court for the Southern District of Texas, Corpus Christi Division, issued an order confirming the plan of reorganization put forth by Americas Mining Corporation, the parent corporation of the debtor. This plan implements the settlement referenced above that places $52,080,000 in an environmental custodial trust to address remedial activities.
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