Althland Mining Company
Assigned to:Octus
Althland Mining Corporation was a Trans Solar Federation company that was bought out during their bankruptcy by the megacorporation giant, Nanotrasen. Its assets and work personal were dissolved in the following years of its aquisiton, and the company while having a succesful early beggining would slowly sink into a failure after its mining operation along Epsilon Eridani III resulted in mass profit loss.
| Althland Mining Co. |
|
| General |
| Informal Names: AMC, Althland |
| Headquarters: Earth |
| Founding: July 23rd, 2484 |
| Demographic |
| Citizenship: Corporate Membership with catagories based of affiliation. |
| Languages: Galactic Common, Tradeband |
| Employees: ~2.7 Billion |
| Policy |
| Form of Government: Corporatocracy |
| Head of State: Sylas N. Nexus |
| Fleet: 53 corporate security Corvettes. + 32 registered civilian vessels. |
| Currency: Credit |
Summary
Althland Mining Company or Althland for short, was a corporation that origniated within the Trans Solar Federation after the Cygni Rebellion. Its creation and investment was the byproduct of greater demand for plasma reserves, and the increase exploration to outer areas of the TSF's border. Althland began its buisness as a small mining firm on Pluto, until eventually having mining holdings in Earth and Mars. While the companies early history was strong with its mining commerce, it would eventually invest into exploration toward farther regions of space under loans from the TSF goverment. With its wealth from mining, and backing by the goverment, the company would expand its operations into exploration and mining colonization under the TSF pathfinder program.
Althlands ambitions and discovery of planets would prove to be flawed as the company soon failed to find any rich astroids that could provide profit. The spending of expedetions outside TSF would be costly, with many failed findings either turning up nothing, or sparsly rich areas of space with rare metals. This failure in exploration, would also not be the companies only issue, as mining in the Sol system became more competetive, Althalnd's previously rich mines would quickly dry up, and with limited real estate, finding more land to mine became increasingly difficult, or impossible thanks to rival mining corporations. This in turn would start the downfall of the company, and in the following years, the company would quickly seek mining properties outside TSF space.
In the year 25XX, Althland Mining Co. would stumble across a molten world in the Epsilon Eridani sector. Eridani III would be analyzed for possible ore rich prescene and return succesfully with high value minerals including plasma, uranium, and BSC (Blue Space Crystals) on the surface of the world, with issues of extreme tempature, dangerous enviorment, and hostile wildlife being present. In the following decades, Althland would invest heavily into Epsilon Eridani with the establishment of the Farragus Mining Station to orbit the planet. As well as colonizations efforts across the planet in the persuet of resource harvesting. Issues from mining would surface of hostile wildlife across the planet as facilities and workers would be lost, resulting in higher hazard pay to replace workers, and investing to replacing or repairing destroyed facilities.