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AIM Exploration confirms suitable export terminal

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Dry Bulk,

Anthracite mining and exploration company, AIM Exploration, has confirmed that the port of Salaverry, meets its demand for coal shipments. AIM is currently developing the Lajon anthracite project in Huaranchal, Otuzco province, Peru.

The port of Salaverry is around 200 km from the project and can service ships of up to 35 000 t capacity. It provides direct access to the Pacific Ocean.

According to an AIM press release, the port has met its potential client demands and would provide year-around loading for shipment of coal, allowing the company to provide its coal in a “cost-effective and nimble, on-demand manner”.

AIM is positioned to ship two to four shiploads of anthracite per month.

“Anthracite it necessary for steel and high-grade metal forging products, said JR Todhunter, AIM’s President and CEO. “Prices currently range between US$220 and US$400 per tonne.”

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