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SIOUXLAND—A Texas company looking to build a $10 billion oil refinery in southeastern South Dakota has preliminary state approval to extend the construction start date to next year. An earlier air quality permit required Hyperion Resources to begin construction of the Hyperion Energy Center by Feb. 20. In June, the firm submitted a request to extend the construction deadline to Aug. 20, 2012. The South Dakota Department of Environment and Natural Resources this week issued a new draft permit, and the public has 30 days to submit comments. Hyperion’s refinery north of Elk Point would process 400,000 barrels of Canadian tar sands crude oil each day into low-sulfur gasoline, diesel, jet fuel and liquid petroleum gas. The project would include a power plant that would produce electricity for the refinery.

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