The American Smelting and Refining Company (ASARCO) declared bankruptcy in 2005, and under a 2009 court-approved settlement, three custodial trusts were created to address environmental cleanup at former ASARCO sites across 13 states. The Montana Environmental Custodial Trust took title of the 4 Montana sites, comprised of 4,000 acres of land, and received nearly $138 million to pay for their cleanup, restoration, and revitalization.
Greenfield Environmental Trust Group, Inc. was chosen as Trustee of the Montana Environmental Custodial Trust, and Greenfield’s East Helena, Montana-based subsidiary Montana Environmental Trust Group (METG) was appointed as the Federal District Court Trustee. METG’s primary role is to protect human health and the environment in partnership with beneficiaries—the United States and State of Montana—as well as community stakeholders.
East Helena, MT (April 23, 2019) – The Montana Environmental Trust Group, LLC, as trustee of the Montana Environmental Custodial Trust, recently sold three parcels comprising almost 400 acres at its East Helena Superfund Site (the East Helena Site), generating nearly $3 million in sale proceeds to help pay for additional cleanup activities and paving […]
https://www.mtenvironmentaltrust.org/newsite/wpinhere/wp-content/uploads/2016/04/METG-logo-transparent.png00Anna Novikovahttps://www.mtenvironmentaltrust.org/newsite/wpinhere/wp-content/uploads/2016/04/METG-logo-transparent.pngAnna Novikova2019-04-23 14:03:492019-04-23 16:27:43Land Sales Produce Cleanup Funds and Make Way For New Public High School, Mixed-Use Development and Residential Subdivision
East Helena, Montana
METG’s environmental cleanup actions in East Helena focus on soil, sediment, and groundwater contamination caused by more than a century of smelting lead, zinc, and other metals at the former ASARCO facility.
Learn more about site operations and conditions, regulatory history, and redevelopment plans.