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Westshore, CVRI sign up for longer life together

VANCOUVER-based Westshore Terminals Investment has teamed with existing partner Coal Valley Resou...

Donna Schmidt

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The initial coal-handling deal between the terminal facility and the Alberta-based miner was set to expire March 31, 2017.

Under the extended contract, CVRI will send Westshore as much as 3 million tonnes per contract year from its export operations.

“This agreement underscores the importance of the long term CVRI-Westshore relationship and marks another important and positive step between the two organizations for future,” WTLP general manager Denis Horgan said.

CVRI is a subsidiary of Edmonton-headquartered operator Sherritt International.

Some of Westshore’s other coal clients include Teck Resources, Grand Cache Coal and Cloud Peak Energy.

It is considered Canada’s top export coal facility, with a record 27.3 million tonnes shipped in 2011.

The Westshore Terminals Limited Partnership is owned by Westshore Terminals Investment, and Westar Management has a long-term, renewable contract to operate and manage the facility.

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