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Bathurst Resources Provides Update on Westport Port Upgrade
31 Jul 2012 | 11:18:00 | Associate analysts | Increase | Decrease | 
Original announcement: Update on Westport Port Upgrade
Bathurst Resources announced it has commenced the next stage of its planned NZ$30m port upgrade at Westport with the construction of a covered storage shed for an estimated cost of NZ$5m. The infrastructure includes a covered shed with a capacity of 9,000t which will replace the existing open storage area. The storage shed will have the capability to receive coal initially by truck, and later, by rail via an overhead conveyor. After storage, the coal will be transferred into a hopper located within the shed which feeds onto the existing ship loader. The Company the storage shed is the next stage in the logistics chain for route to market for the high quality metallurgical coal Bathurst will produce from its Buller Coal Project.
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