Kaiser Ventures, LLC
Recycled from the former Kaiser Steel, Kaiser Ventures oversees recycling and solid waste investments. The company's holdings include an 83.1% stake in Mine Reclamation Corporation (MRC) and a 50% stake in West Valley Materials Recovery Facility and Transfer Station, which separates waste materials for recycling or storage. Through MRC, the company has turned Kaiser Steel's iron-ore mining pits into a rail-accessible solid waste landfill at Eagle Mountain in the California desert; it has agreed to sell the landfill to County District No. 2 of Los Angeles County. However, lawsuits from local residents have blocked the deal. Kaiser Ventures is owned mainly by former creditors of Kaiser Steel.
Contact Details
Executives
Chairman, President, and CEO
Richard E. Stoddard
EVP Finance and CFO
James F. Verhey