Canadian met coal exporter Western Coal signs new terminal services deal

Vancouver, Canada-based Western Coal Corp., a producer of high quality metallurgical coal from three mines in northeast British Columbia, has announced that it has signed an amended terminal services agreement with Ridley Terminals Inc. to meet growing demand from steelmakers in the Asia-Pacific basin.
 
Ridley Terminals is a state-owned coal and bulk commodity marine terminal located near Prince Rupert, British Columbia, Canada.
 
Amendments engendered by the agreement will further support Western's growth plans to expand production levels in its Canadian operations. The majority of Western's high quality metallurgical coal from Canada is exported to steelmakers in the Asia-Pacific basin.
 
Keith Calder, president and CEO of Western, said, "The amended agreement provides the stability that underpins Western's growth plans for further investments and job creation as we expand our production to over 6 million mt in the next two years."