The US Army Corps of Engineers' Portland division said that it will only conduct an environmental assessment of Ambre Energy's Morrow Pacific coal export terminal proposed near Boardman and not the more exhaustive environmental impact statement.

The news is something of a victory for the Australian coal company. The EIS process threatened to add years to a USD 250 million project that hopes to be handling coal shipments by mid 2014, if not sooner.

Source - Business Journals

(www.coalguru.com)