The agreement is based on a balance between what is required for cleanup and what is possible given the economic reality of the mining industry in general , and Hecla
in particular , said Chuck Findley
, EPA's acting regional administrator in Seattle.
The bottom line of this agreement is far short of what the actual cleanup costs will be , Findley
said.But due to metals markets and Hecla's current financial condition , we're faced with the reality of obtaining what we can in a way that enables Hecla to remain viable and producing a cleanup resource stream for the future.Our goal is to protect human health and the environment and we believe this agreement is a step in that direction..
A final settlement will be sent to a judge for approval this fall.