Canada’s Teck Resources signs new deal with Ridley Terminals for increased coal throughput from Vancouver
The agreement runs from January 2021 to December 2027, and increases contracted capacity from 3m tonnes a year to 6m tonnes a year with an option for Teck to extend up to 9m tonnes a year
Teck’s current throughput agreement with Westshore Terminals, also in Vancouver, expires on March 31, 2021. The agreement provides Teck with annual capacity at the terminal of 19m tonnes