Chinook Ventures pilings

Chinook Ventures' pilings were among many problems on the 416-acre site.

Millennium Bulk Terminals announced Wednesday morning it has completed the purchase of the Chinook Ventures’ site in Longview, the latest step in the Australian company’s move to develop the first coal export terminal on the U.S. West Coast.

Cowlitz County commissioners have approved a shoreline permit for the terminal, through which Millennium wants to ship about 5 million tons of Wyoming and Montana coal to markets in Asia, especially China. Environmental groups … have appealed commissioners’ decision to the state Shorelines Hearings Board, which is expected to hold a hearing in April and will make a decision by late June.

In another development Wednesday, St. Louis-based Arch Coal announced it has purchased a 38 percent stake in the Longview terminal. Arch Coal, which says it is the second largest U.S. coal producer, said it paid Millennium $25 million.

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