Brief: Westshore Terminals Investment Corp Says Westshore Terminals Partnership To Provide Services To BHP Canada

Westshore Terminals Investment

17/08/2021 09:03

Aug 17 (Reuters) - Westshore Terminals Investment Corp
 WTE.TO :
    * WESTSHORE TERMINALS PARTNERSHIP ENTERED INTO A CONDITIONAL
AGREEMENT TO PROVIDE SERVICES TO BHP CANADA
    * WESTSHORE TO CONSTRUCT NECESSARY INFRASTRUCTURE TO PROVIDE
PORT
SERVICES TO BHP'S JANSEN POTASH MINE FOR A TERM TO 2051
    * WESTSHORE TERMINALS INVESTMENT - WESTSHORE ANTICIPATES
REQUIRED
PERMITS WILL BE ISSUED IN FIRST HALF OF 2022, AFTER WHICH
CONSTRUCTION WILL COMMENCE
    * AGREEMENT PROVIDES THAT POTASH INFRASTRUCTURE MUST BE
AVAILABLE
BY MID 2026
    * BHP WILL SUBSTANTIALLY FUND CONSTRUCTION
    * WESTSHORE WILL ALSO CONTRIBUTE UP TO AN AGGREGATE $33
MILLION

Source text for Eikon:  ID:nCNWJYyBqa 
Further company coverage:  WTE.TO 

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