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Peabody Energy, SSA Marine In Pact For Powder River Coal Exports

U.S. coal producer Peabody Energy (BTU) said Monday that it has signed a deal with SSA Marine to export coal from the Power River Basin from a proposed export terminal in Washington state.

The companies agreed to ship up to 24 million metric tons of coal a year through the proposed terminal, called Gateway Pacific, near Bellingham, Wash. just south of the U.S.-Canadian border.

From the Wall Street Journal

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