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TransAlta Corp. (NYSE: TAC) announced that it will end mining operations at its Highvale coal mine by the end of 2021 and will stop using coal to power its generators in Canada effective Jan. 1, 2022.
Located south of Wabamun Lake, about 70 kilometres west of Edmonton, Highvale is Canada’s largest surface strip coal mine and covers more than 12,600 hectares. The mine has been in operation since 1970.