Coos Bay coal investors back out


Two partners in the plan to export coal from the Port of Coos Bay have dropped out.

Share this article!

Two partners in the plan to export coal from the Port of Coos Bay have dropped out.

A document posted on the International Port of Coos Bay website Monday says Mitsui & Co., the U.S. subsidiary of a Japanese trading company, and Korean Electric Power Corp., the potential buyer of the coal, are no longer part of the project.

Port of Coos Bay spokeswoman Elise Hamner said the project is still conceptual, and at the end of the month Metro Ports could decide to drop consideration of Coos Bay, move forward or ask for more time for research.

Read more at The Register-Guard.

{biztweet}coos bay coal{/biztweet}


Published in Categories News


Latest from Oregon Business Team