Arch Coal of US Announces Agreement with Canada's Ridley Terminal for Exports to Asia

Arch Coal, Inc., a US-based coal mining company, announced an agreement with Canadian Crown Corporation Ridley Terminals Inc. to facilitate coal exports to Asia-Pacific markets. Ridley Terminals, Inc. is a coal and other bulk commodity marine terminal located near Prince Rupert, BC. The five-year agreement will give Arch throughput capacity at the terminal of up to two million metric tons of coal for 2011 and up to 2.5 million metric tons of coal for 2012 through 2015.