Cloud Peak Energy Agrees to Terms for Terminal Capacity in Vancouver
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Cloud Peak Energy Inc. has agreed with Westshore Terminals Limited Partnership on terms for the shipment of coal through the Westshore Terminal in Vancouver, BC, for a period of ten years, which will commence in 2013 when the current contract ends. A definitive agreement embodying these terms will be concluded by the parties. The commercial terms are confidential.
Cloud Peak Energy exported approximately 3.3 million tons to Asian customers in 2010 through the Westshore Terminal.
About Cloud Peak Energy®
Cloud Peak Energy Inc. is headquartered in Wyoming and is one of the largest U.S. coal producer and the only pure-play Powder River Basin (PRB) coal company. As one of the safest coal producers in the nation, Cloud Peak Energy specializes in the production of low sulfur, subbituminous coal. The company owns and operates three surface coal mines in the PRB, the lowest cost major coal producing region in the nation. The Antelope and Cordero Rojo mines are located in Wyoming and the Spring Creek mine is located near Decker, Montana. With approximately 1,500 employees, the company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy is a sustainable fuel supplier for approximately 4 percent of the nation’s electricity.
To stop by Cloud Peak’s website, CLICK HERE
