13
Jan
18:07
Teck, Ridley ink new coal agreement
Vancouver-based mineral resources company Teck Resources Limited has expanded its metallurgical coal agreement with Ridley Terminals Inc (RTI), Kallanish reports.
The expanded agreement will run from January 2021 to December 2027 and doubles the previously contracted capacity to 6 million tonnes/year. Teck will retain an option to increase this to 9mt/y.
“This agreement with Ridley Terminals, in combination with upgrades underway at our Nep…
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Very good overview of the weekly steel market.
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