Friday, July 28, 2017

Ridley Terminals to host Annual Public Meeting in August

An opportunity to hear how things are going at Ridley Terminals will be available to the public in August, as one of the regions larger industrial operations and major employers hosts its Annual Public Meeting.

The event takes place in the Orca Room at the North Coast Convention Centre on Wednesday, August 9th starting at 3 PM.

Ridley officials will be providing an update on the 2016 activities at the Coal Terminal and adjacent property, as well as presenting the audited financial statements for 2016.

The public will also have an opportunity to ask questions following the presentation.

The state of the coal shipping industry and other developments for
Ridley Terminals will be up for discussion at the company's
Annual Public Meeting set for next month

There has been a significant increase in shipments of coal through Ridley so far in 2017, with the most recent statistics presented by the Prince Rupert Port authority, indicating that volumes have doubled so far in 2017 since this time last year.

That being said, while rebounding somewhat this year, the coal industry remains in a state of transition and for Ridley Island that has meant some repurposing of the land around the coal terminal to diversify the export options from the facilities there.

AltaGas is currently constructing their propane export terminal sub leasing land at the southern end of the Ridley industrial site from RTI.

For more background on Ridley Terminals see their website here.

Our archive of news related items from Ridley can be reviewed here.

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