Bill offers Graphite Creek funding

Sen. Donny Olson, D-Golovin, Feb. 19 introduced Senate Bill 203, legislation that would allow the Alaska Industrial Development Export Authority (AIDEA) to issue up to US$80 million in bonds to finance infrastructure and construction costs of the Graphite Creek graphite project on the Seward Peninsula.

Located about 35 miles north of Nome, the Graphite Creek hosts 744,000 metric tons of graphite i...