Coalspur Mines Limited (ASX:CPL) Increases Port Allocation at Ridley to 13.5MTPA
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that it has reached a second agreement with Ridley Terminals Inc. ("Ridley Terminals") on terms for the shipment of export thermal coal from Coalspur's Vista Coal Project ("Vista") for an additional 5.0Mtpa. Subject to requisite Government approvals for the addition of a fourth stacker / reclaimer at Ridley Terminals, the second agreement provides for 4.0Mtpa to be supplied from an incremental expansion at Ridley Terminals that will increase capacity from 25.0Mtpa to 30.0Mtpa.