Federal funds spark contract talksDOT funding to Alaska Railroad will change ownership of Seward coal facility, goal is to lower transportation costs for Usibelli coal exports to South Korea Patricia Jones PNA Contributing Writer
A $9.6 million federal appropriation to the Alaska Railroad will likely change the ownership structure of a coal loading facility in Seward, an effort that supporters hope will help resume exports of Healy-mined coal to South Korea. (See related story on page 1.)
Currently, the Alaska Industrial Dev....
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Future ownership structure uncertain Reducing debt Railroad plans for freight shipping
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