W.R. Grace & Co. agreed to pay $250 million to reimburse the U.S. EPA for ongoing cleanup of the asbestos-ridden mining town of Libby, Mont. A mine owned by Grace that operated from 1963 until 1990 contaminated much of the town with asbestos-tainted vermiculite. Over 200 area residents have died from related cancers, and over 1,200 more show signs of lung abnormalities. The company is facing criminal charges, including conspiring to hide the dangers of asbestos, in a trial to begin later this year. Cleanup of the town and surrounding areas began in 2000; so far, costs have totaled about …
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