Attila Resources (ASX: AYA) has received a Letter of Intent from the Alabama State Port Authority regarding port access and capacity at the McDuffie Coal Terminal, Alabama, USA
The letter confirms a commitment to supporting the development of Attila’s Kodiak coal project.
The McDuffie Coal Terminal is Alabama’s premier coal terminal and part of the third largest coal port in the USA.
The terminal is around 400 kilometres south of Attila’s Kodiak project at the southern end of the Mobile River, boasting 2.3 million tonnes storage space and annual throughput capacity of 30 million tonnes.
Attila and the port authority are considering entering into formal arrangements on commercial rates, with negotiations expected to complete mid next year.
In addition, Attila has received confirmation that there is sufficient capacity on the multi-user rail network to support planned production from Kodiak.
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