Keystone Coal Terminal

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Keystone Coal Terminal is a coal terminal at the Port of Jacksonville, Florida, United States.

The sponsor is Keystone Coal Company, a unit of Keystone Industries. The terminal can handle up to 3 million short tons of coal per annum (approximately 2.72 million metric tonnes).

Location

The terminal is at the former site of the Jefferson Smurfit paperboard plant on Wigmore Street at the northern end of Talleyrand Avenue, Jacksonville, along the St. John’s River.

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Background

The terminal imports coal from Colombia for use in the southeastern and midwestern U.S. The project includes a rail loop from the Norfolk Southern Corporation line to a CSX line and then to Florida East Coast Railway, running from Jacksonville to Miami.

Keystone owner Tom Scholl suggested that despite calls for more environmentally forms of energy, imported Colombian coal would cost less than alternatives and ensure its continued use for electrical generation. Scholl owns a mine in West Virginia and mining rights in Colombia.

In June 2009 Jacksonville.com reported that the city council had granted a "conditional capacity availability statement" to Keystone Industries LLC for the construction of the terminal. "According to the concurrency application, the US$100 million project is scheduled to be completed in three phases ending in 2014, 2019 and 2024, respectively.

The terminal received its first shipment in 2011. The projected cost had risen to US$150 million. Scholl said the terminal will handle coal imports and exports to Europe and Asia.

Project Details

• Sponsor: Keystone Coal Company
• Location: Jacksonville, Florida
• Proposed Capacity (Million tonnes per annum): 3
• Status: Operating
• Start year: 2011
• Type: Imports
• Cost:
• Financing:

Articles and resources

Related GEM.wiki articles

• Colombia and coal
• Florida and coal
• Coal terminals