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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2021
PROPERTY, PLANT AND EQUIPMENT.  
PROPERTY, PLANT AND EQUIPMENT

5. PROPERTY, PLANT AND EQUIPMENT

Net Book Value of Property, Plant and Equipment at June 30, 2021

(thousands of dollars)

    

Alabama

    

Corporate

    

Total

Mineral rights and properties

 

8,972

 

 

8,972

Other property, plant and equipment

 

 

11

 

11

Total

$

8,972

$

11

$

8,983

Net Book Value of Property, Plant and Equipment at December 31, 2020

(thousands of dollars)

    

Alabama

    

Corporate

    

Total

Mineral rights and properties

 

8,972

 

 

8,972

Other property, plant and equipment

 

 

13

 

13

Total

$

8,972

$

13

$

8,985

Impairment of Property, Plant and Equipment

The Company reviews and evaluates its long-lived assets for impairment on an annual basis or more frequently when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. For the six months ended June 30, 2021, no events or changes in circumstance are believed to have impacted recoverability of the Company’s long-lived assets. Accordingly, it was determined that no interim impairment was necessary.