The final wording of a section of the Inflation Reduction Act is going to give the owners of the Stillwater Mine in southeast Montana a 10 percent tax credit on majority of its costs, a company official said Friday.
The tax credit means that South Africa-based Sibanye Stillwater can do more projects at the mine, but it will not affect the company’s previously announced plan to lay off nearly 700 workers.
Nevertheless, the union representing the largest number of hourly workers still views the news as a positive, saying that it could mean more jobs in the future…