COAL EXPORTS
US miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year.
The coal from Montana's Spring Creek Mine will be carried by rail to Vancouver and then sent by ship for delivery to two 540 MW coal gasification plants in Fukushima Prefecture, Cloud Peak said. JERA Trading, a trading company based in Singapore, will buy the coal from Cloud Peak.
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