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    coal investing

    New Westminster Residents Express Coal Project Concerns

    Charlotte McLeod
    May. 31, 2013 10:29AM PST
    Industrial Metals Investing

    News1130 reported that at a Thursday night meeting, New Westminster, BC residents expressed concern about a project that would see tonnes of coal transported down the Fraser River on barges before being shipped to Asia.

    News1130 reported that at a Thursday night meeting, New Westminster, BC residents expressed concern about a project that would see tonnes of coal transported down the Fraser River on barges before being shipped to Asia.

    Many fear the project is “just the tip of the iceberg,” with one man commenting:

    They are going to start with two million metric tonnes per year, then they will bump it up to eight million, which is the current limit for the facility permitted by Port Metro Vancouver. And then they’ll ask for a greater capacity. That’s going to be a major coal terminal unless we stop it now.

    Click here to read the full News1130 report.

    coal investing
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