Public Finance

Saxony-Anhalt Faces €160.3M Bill to Secure Teutschenthal Mine

Halle – November 07, 2026 -- Saxony-Anhalt needs about €160.3 million through 2037 to secure, make safe and decommission the former Teutschenthal salt mine, which now serves as an underground waste repository, according to a letter from the state's economy and finance ministries to the parliamentary finance committee, as reported by the Mitteldeutsche Zeitung.

Insolvency and failed investor search force the state to step in

The cost increase follows the insolvency of the operator, GTS Grube Teutschenthal Sicherungs GmbH. An investor search failed, so the state must take over responsibility for the mine through a substitute performance order (Ersatzvornahme). The state-owned Mitteldeutsche Sanierungs- und Entsorgungsgesellschaft (MDSE) is expected to become the new operator.