Teck reaches shipping agreement with Westshore Terminals
Vancouver-based miner Teck Resources has signed a new agreement with the company it uses to export its steelmaking coal, contracting for the shipment of 32.25-million tonnes.
Teck’s agreement with Westshore Terminals Limited Partnership is nonbinding and reflects an agreement on proposed terms for the shipment of steelmaking coal following expiry of the current contract at the end of March next year.
“The proposed agreement with Westshore complements upgrades under way at Neptune Terminals and capacity at Ridley Terminals,” the mining company said in a statement on Tuesday, noting that together, these would provide greater flexibility, contributing to reduced costs and improved performance.
In January, CEO Don Lindsay blasted Westshore for charging too much and contaminating some freight, allegations that the shipper denied.
The proposed agreement will provide for the shipment of between five-million and seven-million tonnes a year at fixed loading charges.
Westshore is the largest coal-loading facility on the west coast of the Americas.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation