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Vancouver Port Greenlights Coal Terminal for Asia Exports

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Aug. 21 (Bloomberg) -- The port of Vancouver, Canada’s largest, approved plans to build a C$15 million ($13.7 million) terminal to ship coal from Wyoming’s Powder River Basin to markets in Asia.

Fraser Surrey Docks LP on the Fraser River southeast of Vancouver, which has faced opposition from environmentalists and local residents about issues ranging from climate change to coal dust, plans to build the facility next to its existing container terminal.

“Through our comprehensive project review process, stakeholder consultation, as well as third-party validated environmental and health studies, it was determined there are no unacceptable risks and the project could be permitted,” Peter Xotta, Port Metro Vancouver’s vice president of planning and operations, said today in an e-mailed statement.

Coal from the Powder River Basin in Wyoming would arrive by rail at the new terminal and then be loaded by workers directly onto barges for shipment to Texada Island, British Columbia, before being loaded on ocean-going vessels to markets in Asia, the port said.

The facility will handle about 4 million metric tons of coal a year, the port said.

Port Metro Vancouver is responsible for the operation and development of port assets in the greater Vancouver region.

To contact the reporter on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net

To contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net Carlos Caminada, Tina Davis