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Asbestos Cleanup In Vermont Could Cost $200 Million, Officials Say

The abandoned asbestos mine located in Eden and Lowell, Vermont has been the topic of much discussion in recent days due to the discovery that residents living in close proximity of the mine have a twelve percent higher risk of developing an asbestos-related disease, such as mesothelioma, a fatal form of cancer.

It has now been reported by both state and federal officials that it could end up costing in upwards of $200 million to safely clean up the asbestos and other hazardous waste materials from the long abandoned mine.

Exposure to asbestos-containing materials can lead to a range of health problems with lasting effects. Many of these diseases do not show their presence until many years after initial exposure. For this reason treatment options are often very limited.

According to officials the state is hoping to be reimbursed for the clean up project from the two individual owners of the abandoned property.

It has been reported, though, that one of the companies who holds ownership in the mine is in the process of bankruptcy proceedings. An attorney speaking on behalf of the other company that has ownership interests in the property has stated that the company has minimal assets at this time. The Assistant Attorney General has estimated the costs of the clean up to range from $210 - $250 million.

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