Ridley amends agreement with Western Coal
On February 7 Western Coal announced that it had negotiated a revised service agreement with Ridley Terminals
Inc.
According to Western Coal, the new agreement will allow it to move forward with plans to expand production levels at its Canadian operations to meet the growing demand of the Asian
markets.
“The amended agreement provides the stability that underpins Western’s growth plans for further investment and job creation as we expand our production to over 6 million tonnes in the next two years,” said Western Coal president and CEO Keith Calder in a
statement.
For its part, Ridley Terminals Inc. president George Dorsey notes that the new agreement “is significant support for Ridley’s expansion plans” to grow to 24 million tonnes by
2015.
Currently Western Coal is Ridley Terminals highest volume
customer.
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