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Coal from Usibelli mine in Alaska to be tested in Chile power plant.

Knight Ridder/Tribune Business News, August, 2004

By Tim Bradner, Alaska Journal of Commerce, Anchorage Knight Ridder/Tribune Business News

Aug. 4--Usibelli Coal Mine Inc. will ship 45,000 metric tons of Alaska subbituminous coal for testing in a Chilean power plant in late August. If the tests prove positive, showing that Alaska coal is compatible with boilers in the power plant, a second 45,000-metric-ton shipment will be made in November, Usibelli said.

The company, which owns a coal mine at Healy, in Interior Alaska, signed a contract with Glencore Ltd., a firm which sells and transports coal internationally.

"This is a very significant event for our company," said Joe Usibelli Jr., president of Usibelli. "Not only is this our first shipment to South America, it is also a great...

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