Currently the rights for Mount Emmons molybdenum are owned by U.S. Energy Corp. On 25 April 2011, Thomson Creek Metals announced that it had terminated its option agreement with U.S. Energy Corp. to acquire an interest in the Mount Emmons molybdenum project. Although US Energy continued to maintain its commitment to moving the project forward on its own behalf, the withdrawal of Thomson Creek Metals was heralded as a major victory in the town of Crested Butte in its battle against the proposed molybdenum mine.