Millennium parent company files for Chapter 11; Columbia River site goes back to Alcoa, The Columbian ($)

By Marissa Heffernan • The Daily News • Published January 19, 2021 10:15AM

*Millennium Bulk Logistics-Longview, a company owned by two coal producers, wants to build an operation in Longview to export 44 million metric tons of coal annually to Asia. (The Columbian files)*

LONGVIEW — After Millennium Bulk Terminals’ parent company filed for bankruptcy this month, the fate of the proposed coal terminal on the old Reynolds Aluminum Co. site is again in doubt, with opponents to the terminal calling the project dead.

On Jan. 8, a bankruptcy judge in Delaware signed a motion by Millennium Bulk Terminals’ parent company, Lighthouse Resources, to withdraw from Millennium’s lease with Alcoa, which owns the land along the north bank of the Columbia River near Longview. The move puts all of Lighthouse’s holdings under Chapter 11 bankruptcy protection.

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𝐒𝐎𝐔𝐑𝐂𝐄 𝐀𝐑𝐓𝐈𝐂𝐋𝐄: https://www.columbian.com/news/2021/jan/19/millennium-parent-company-files-for-chapter-11-columbia-river-site-goes-back-to-alcoa/

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