BTU bathurst resources limited

westport upgrade complete. for now!

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    From Westports "The News"

    Bathurst’s Westport
    shed complete

    By Kim Fulton and Lee Scanlon
    Work on Bathurst Resource’s new shed on the
    Westport wharf is now complete but the shed is
    not yet being used.
    Buller Port manager Trish Casey said there were
    no plans as yet to use the coal storage facility.
    “We await advice from Bathurst about when
    they intend to begin coal shipments.”
    Work on the $5 million, 30m by 80m shed,
    began in July. It replaces an existing open storage
    area and can hold about 9000 tonnes of coal.
    Bathurst has also built two storage sheds, costing about $500,000, at Port Taranaki to house
    incoming coal from Buller before it’s shipped
    overseas.
    The company has already sent some small trial
    shipments of its Cascade Mine coal from Westport
    to Asia, but is gearing up to ship over two million
    tonnes a year if it receives the green light for its
    Denniston Escarpment Mine project.
    Bathurst corporate relations general manager
    Sam Aarons said both Westport and Taranaki
    ports were now able to load and discharge coal.
    However, more upgrades were planned to current
    infrastructure, including coal-loading facilities.
    Bathurst has previously said it plans to spend
    over $20m upgrading Westport port.
    An Environment Court decision is expected
    soon on the Denniston mine. Bathurst also needs
    access agreements from the Department of Conservation.
    Buller Coal owns and operates all Bathurst’s
    operations on the Buller coal? eld.
    Bathurst has estimated the Buller project, once
    fully operational, will create 450 direct jobs and
    1800 indirect jobs, $90m a year in household
    income and $180m a year in royalties and taxes.
 
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