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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by seanj1on Jun 09, 2011 2:34pm
285 Views
Post# 18694773

FACTBOX-Proposed, existing capacity for US coal ex

FACTBOX-Proposed, existing capacity for US coal ex


https://www.reuters.com/article/2011/06/09/usa-coal-exports-idUSN0915182220110609?feedType=RSS&feedName=companyNews&rpc=43



FACTBOX-Proposed, existing capacity for US coal exports


Thu Jun 9, 2011 12:25pm EDT

 June 9 (Reuters) - U.S. coal exports are surging and, with  
pressure on domestic consumption from environmental regulation
and cheap, cleaner-burning natural gas, coal companies are
looking to expand capacity to ship to Asia and elsewhere.
 Developing countries are building dozens of coal plants to  
provide power to electricity-deprived populations. They also
need construction steel, the manufacture of which requires
special metallurgical coals, and some of the best are in the
United States.
 U.S. coal exports have bounced between 3.6 and 13.7 percent  
of U.S. coal mined in the past 50 years. Analysts say exports
could reach 200 million short tons a year, or about 20 percent
of U.S. production, if trends hold.
 Here is a list of proposed U.S. coal export facilities  
that, if all go through, could initially boost U.S. export
capacity by 54.5 million short tons a year and ultimately as
much as 129.5 million tons annually. Some face stiff opposition
from environmental advocates.
 Below that is a list of existing export capacity.
 PROPOSED NORTH AMERICAN COAL EXPORT EXPANSION
 * Burnside Bulk Terminal; Mississippi River, 60 miles (95  
km) west of New Orleans, Louisiana; operator, Impala
Warehousing, unit of Trafigura [TRAF.UL]; capacity planned up
to 11.5 million short tons per year.
 * Port of Morrow; Columbia River near Boardman, Oregon;  
coal throughput Ambre Energy, which acquired an option to lease
land; capacity planned unavailable.
 * Gateway Pacific Terminal; Whatcom County, Washington;  
operator, SSA Marine; coal throughput, Peabody Energy ( BTU.N),
24 million short tons per year.
 * Millennium Bulk Logistics, Longview, Washington; owners  
Ambre Energy and Arch Coal ( ACI.N); 5 million short tons a year
initially, eventually up to 80 million.
 * Corpus Christi, Texas; operator Port of Corpus Christi,  
coal throughput Cline ( CMK.TO) of Canada; 2 million short tons
a year.
 * Houston, Texas; Kinder Morgan (  KMP.N) Bulk Terminal,
  
operator Kinder Morgan; source of coal throughput undisclosed;
2.2 million short tons a year.
 * Ridley Terminal, Prince Rupert, Alberta; coal throughput  
Arch Coal, 2.75 million short tons annually for Arch.
 TOTAL PROPOSED ADDED CAPACITY: At least 54.5 million short  
tons initially, up to 129.5 million eventually.
 ESTABLISHED U.S. COAL EXPORT FACILITIES:
State/Terminal Max nameplate capacity 2010 exports
 (mln short tons)
 Maryland (Baltimore)
 CNX (  CNX.N) Marine** 12.0 10.6 
 Chesapeake* 4.0 3.2
 Virginia (Hampton Roads)
 Lamberts Pt (  NSC.N) ** 30.0 15.5
 Pier IX* 14.0 7.3
 DTA* 20.0 14.0
 South Carolina (Charleston)
 Shipyard River 2.5 n/a
 Louisiana
 IMT (down for repair) 18.0 2.1
 U.S. United* 17.0 n/a
 IC Rail Marine (  CNR.TO) 4.0 2.1
 Lower Mississippi River Mid-river transloaders
 Associated Terminals Variable
 Cooper/Consolidated Variable
 St. James Stevedoring Variable
 Alabama (Mobile)
 McDuffie 12.5 8.9   
Vancouver, British Columbia, Canada
 Westshore Terminal*** 26 n/a
 TOTAL EXISTING: 160***** 63.7****
 * Includes domestic U.S. movements
** Mostly exports coal for steel-making  
*** Mostly Canadian coal miner tonnage
**** Excludes US exports to Canada
***** Nameplate, actual said to be lower
 Sources: Ports, terminals, stevedoring companies   
(Reporting by Bruce Nichols; Editing by Dale Hudson)





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