Riversdale Resources reaches shipping agreement with Westshore Terminals

The following is information regarding Riversdale and Westshore Terminals reaching agreement to ship product through that port beginning in 2018.

"Westshore has entered into an agreement with Riversdale Resources Limited, a Canadian company with a planned metallurgical (steel making) coal mine to be developed in Blairmore, Alberta. Under the terms of the agreement, Riversdale will pay Westshore an annual  reservation fee to hold up to 2 million tonnes of capacity at Westshore. Production is slated to start in late 2018 and ramping up in 2019. The agreement with Riversdale also includes a 10 year throughput agreement for such volumes ending in 2028."

The full article is available at: 
http://www.newswire.ca/en/story/1464605/westshore-terminals-announces-q4-2014-distribution