RE: popNice to see the pop.
Long overdue in my opinion.
Teck is expanding its BC coal production 50% over the next 3-4 years.
I am thinking Westshore should be looking at expanding port facilities to handle the increased supply of coal.
Teck and WTE.un have a new contract so I would expect news of expansion from WTE.un.
They are going to need it.
Westshore signs new four-year coal deal with Teck
2011-03-04 16:55 ET - News Release
Also News Release (C-TCK) Teck Resources Ltd
Mr. Nick Desmarais reports
WESTSHORE ANNOUNCES NEW HANDLING AGREEMENT WITH TECK
Westshore Terminals Investment Corp.'s Westshore Terminals Limited Partnership has reached an agreement with Teck Resources Ltd. to handle certain annual coal tonnages from Teck's mines for a four-year term from April 1, 2012, to March 31, 2016. The commercial terms of the agreement are confidential.
The existing contract that covers shipments of coal from the Elkview, Line Creek and Cardinal River mines expires on March 31, 2012, and the port services agreement that covers shipments of coal from the Fording River, Greenhills and Coal Mountain mines expires on Feb. 29, 2012. This most recent contract will result in Teck shipping coal volumes of not less than 16 million tonnes per coal contract year, increasing to 17 million tonnes and with the possibility to do more, all at fixed rates through Westshore.