Gillette, WY. – Wyoming based coal company, Cloud Peak Energy, announced on Tuesday that it has entered into a coal export sales agreement with Singapore-based JERA Trading, to supply coal needed to power two new coal-fired plants in Japan.
The coal will come from Cloud Peak Energy’s Spring Creek Mine, located near Decker, Montana, and will be carried by the BNSF Railwayto port in Vancouver, British Columbia, Canada. The coal would then be shipped to plants in Fukushima Prefecture in Japan.
Shipments as part of the export contract are expected to begin at the end 2019 and last close to 30 to 40 months.