Last week Ridley Terminals announced that it had secured a contract with the American coal company Arch Resources, to use port facilities at Ridley to ship product from the US to Asia.
And while it may be good business for Ridley, for the current roster of port users the arrival of volume from America is providing to be a cause of concern for the coal producers of Alberta and Northeast British Columbia who fear of bottlenecks for their product.
One company Teck Resources worries that the impact of the Arch resources contract may require Teck to rethink it's plans to reopen the Quintette coal mine.
They outlined their thoughts on the latest developments at Ridley through this article in the Tumbler Ridge News.
Showing posts with label Ridley Terminals deal with Arch coal. Show all posts
Showing posts with label Ridley Terminals deal with Arch coal. Show all posts
Tuesday, January 25, 2011
Tuesday, January 18, 2011
Ridley Terminals adds to its customer base
The North Coast's Coal Terminal at Ridley Island has added yet another customer to its inventory as Arch Coal Inc. of St. Louis signed on for a five year export deal with Ridley to ship its coal products to Asian clients through the Port of Prince Rupert.
The deal will provide Arch Coal with throughput capacity of 2 million metric tons for 2011 and up to 2.5 million metric tons of coal for 2012 through to 2015.
You can find more of the details on the deal here.
The Northern View had this review of the deal as well, following up that item with this background piece on what the deal may mean for Northern BC.
The deal will provide Arch Coal with throughput capacity of 2 million metric tons for 2011 and up to 2.5 million metric tons of coal for 2012 through to 2015.
You can find more of the details on the deal here.
The Northern View had this review of the deal as well, following up that item with this background piece on what the deal may mean for Northern BC.
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