Overview

• Announced Aug. 25, the purchase of Stewart Bulk Terminals Ltd. is expected to close in the coming months, with the price undisclosed.
• The Province of British Columbia provided a $5 million grant to the Nisga’a and Tahltan nations to support the acquisition.
• The partners have created Portland Canal Holdings Limited Partnership, which will also merge two regional trucking operations to launch an integrated transport business.
• The terminal currently handles about 260,000 tonnes of copper and gold concentrate annually, operates at roughly 50% of capacity, and employs six full-time staff.
• The facility serves shipments from mines including Brucejack and Red Chris within Nisga’a and Tahltan territories, with leaders framing the deal as advancing reconciliation and jobs.