NEWS
Coal  

Teck doubles coking coal capacity from Ridley Terminals

Canadian coking coal producer Teck Resources has signed an expanded commercial agreement with port operator Ridley Terminals to double coking coal throughput capacity from the Prince Rupert, British Columbia export terminal.

The agreement will enable Teck to increase exports from Ridley from 3mn t/yr to 6mn t/yr for 2021-27, with an optional expansion to 9mn t/yr. Teck said that the agreement will allow it to be more versatile in its coking coal exports from Canada's west coast and improve performance throughout the supply chain.

Teck ships most of its coking coal output through Ridley Terminals and Neptune Bulk Terminals in Vancouver for export. The company's coking coal production guidance for 2019 was 25.5mn-26mn t.

The Canadian government agreed last year to sell the majority of Ridley Terminals to a company owned by US investment firms Riverstone and AMCI.

News No: 8266
Date: 2020/01/09 - 17:07
News Source: Argus Media

coal  export  British Columbia  US  investment 

Comments:

Leave a Comment:

   
   
   
 

Minister Stresses Increase in Investment in Iran despite Sanctions

Iranian Economy Minister Farhad Dejpasand announced that investment of foreign states in Iran has increased in the first 9 months of the current year (ending on March 19) despite the harshest pressures and sanctions by Washington.
 

Official: Iran Producing Most Oil Industry Equipment

Iran is at present producing 85% of its needs to oil industry equipment despite the harshest-ever sanctions imposed against the country by Washington, an official said.
 

Official: Iran to Export 10mln Tons of Steel by Yearend

TEHRAN (FNA)- Iran's exports of steel will reach 10mln tons by the end of the current Iranian year (to end on March 19), an official said.
 

Skoda’s upcoming model VisionIN comes with Aluminium Spoiler & Diffuser

Zac Hollis, Head of Sales, Service and Marketing, Skoda Auto India Ltd. has communicated of the upcoming VisionIN model concept before its global premiere at the Auto Expo’20, coming up between 5th and 12th February’20.
 

A €10 Mio. Investment a positive Signal to the Foundry Industry

Official Opening of Mingzhi-Tech GmbH European headquarters in Leipzig
 

Aruba close to suspending Venezuela oil ties

Venezuela's opposition-run parallel administration is close to an agreement with Aruba to suspend a lease on oil assets managed by Citgo Petroleum, the US refining subsidiary of Venezuelan state-owned PdV.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners