Burnside Terminal

The Burnside Terminal is in Darrow, Louisiana owned by Ormet Corp. In June 2011, commodities trader Trafigura agreed to buy and reopen Ormet's terminal for $28 million. Trafigura said it will spend $100 million to reopen the closed terminal as a bulk terminal for coal, bauxite and alumina. The terminal was constructed in 1956 along with an alumina refinery, but closed in January 2008 along with the refinery. The deal does not include the alumina refinery, which Ormet is in the process of reopening.

Trafigura director Simon Collins said the purchase had been considered for some time and comes at a time when other U.S. terminal facilities are "running out of space" to handle coal: "The 20 or so terminal facilities are simply maxed out. The development of Burnside as one of the country's biggest terminals will create new opportunities" for imports and exports of coal. Trafigura said plans call for the terminal to be the only one on the Mississippi River with the possibility of both rail-to-vessel and barge-to-vessel capabilities.

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